NOT LISTED FOR SALE

703 E Grand Ave El Segundo, CA 90245

Estimated Value: $2,096,000 - $2,407,000

3 Beds
2 Baths
2,764 Sq Ft
$804/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $2,000,000 $724 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,495/month

Highlights

  • No HOA
  • Neighborhood Views
  • No Heating
  • Center Street Elementary Rated A+
  • Laundry Room
  • 3-minute walk to Hilltop Park

About This Home

As of August 2023

Corner lot 4-plex with access to shopping & beaches.

Last Agent to Sell the Property

Bill Ruane

Estate Properties License #00972400 Listed on: 08/03/2023

Estate Properties

Last Buyer's Agent

Bill Ruane

Estate Properties License #00972400 Listed on: 08/03/2023

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,003 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,764 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • No Utilities

Listing and Financial Details

  • Legal Lot and Block 9 / 35
  • Tax Tract Number 6200
  • Assessor Parcel Number 4135023009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ESR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4135023009
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 723.59
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7003.00
  • Lot Size Acres: 0.1608

Multi Family

  • Gross Scheduled Income: 7835.00
  • Lot Size Area: 7003.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 7835.00

Tax Info

  • Tax Block: 35
  • Tax Census Tract: 6200.02
  • Tax Lot: 9
  • Tax Tract Number: 6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Carter Charles L and Revoca Sue
Bought by
Jonathan E Young Living Trust and Young
Current Estimated Value
$2,222,409

Purchase Details

Closed on
Aug 6, 2002
Sold by
Carter Charles L and Carter Sue E
Bought by
Carter Charles L and Carter Sue E

Purchase Details

Closed on
Jun 19, 1995
Sold by
Nutter Andrew T J and Nutter Vicki J
Bought by
Carter Charles L and Carter Sue E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.74%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jonathan E Young Living Trust $2,000,000 Fidelity National Title
Carter Charles L -- Gateway Title Company
Carter Charles L $320,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Charles L $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 For Sale $2,200,000 +10.0% $796 / Sq Ft
08/01/2023 08/01/23 Sold $2,000,000 -- $724 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,617 $2,040,000 $1,616,700 $423,300
2024 $22,617 $2,000,000 $1,585,000 $415,000
2023 $6,062 $510,941 $287,405 $223,536
2022 $6,124 $500,923 $281,770 $219,153
2021 $6,046 $491,102 $276,246 $214,856
2019 $5,849 $476,537 $268,053 $208,484
2018 $5,409 $467,195 $262,798 $204,397
2016 $5,232 $449,056 $252,595 $196,461
2015 $5,169 $442,311 $248,801 $193,510
2014 $5,087 $433,648 $243,928 $189,720
Source: Public Records

Agents Affiliated with this Home

  • Bill Ruane

    Seller's Agent in 2023

    Bill Ruane

    RE/MAX

    (310) 877-2374

    242 in this area

    434 Total Sales

    Bill Ruane
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23143372

California Regional Multiple Listing Service (CRMLS)

APN: 4135-023-009

California Los Angeles County El Segundo 90245

703 E Grand Ave, El Segundo, CA

Not Listed for Sale

MultiFamily

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