NOT LISTED FOR SALE

Estimated Value: $1,925,159 - $2,204,000

5 Beds
4 Baths
2,012 Sq Ft
$1,016/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $1,730,000 $860 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,565/month

11 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room with Attached Deck
  • Balcony
  • Hermosa Valley Elementary School Rated A
  • No HOA
  • 4-minute walk to Ardmore Park

About This Home

As of December 2020

This well-maintained duplex (lower unit, 2 bed and 2 baths; upper unit, 3 bed 2 bath) with 2-car attached garage. Located in the Hermosa Valley area, one block from PCH, 1 block from Hermosa Valley Greenbelt. This property is turn-key with up-grades (dual pane windows, washers & dryers). Separate gas and electric meters and individual water heaters help with cash flow. Property is sold as is with tenants in place.

Last Agent to Sell the Property

William Baird

BerkshireHathaway HomeServices License #01718484 Listed on: 11/09/2020

BerkshireHathaway HomeServices

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 2,510 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Duplex
  • Raised Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Attached Deck

Kitchen

  • Gas Range
  • Free-Standing Range
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16 / B
  • Tax Tract Number 4340
  • Assessor Parcel Number 4187029015

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $2,028
  • Trash Expense $290
  • Water Sewer Expense $825
  • New Taxes Expense $502
  • Operating Expense $19,495
  • Gross Income $73,200
  • Net Operating Income $53,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

2,510 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 825.00
  • Zoning: HBR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4187029015
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Living Room Deck Attached, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 859.84
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 290.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Utilities - Overhead
  • Lot Size Sq Ft: 2510.00
  • Lot Size Acres: 0.0576

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 73200.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 2028.00
  • Lot Size Area: 2510.0000 Square Feet
  • Net Operating Income: 53700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 19495.00
  • Operating Expense Percent: 27.00
  • Rent Control: No
  • Total Expenses: 19495.00

Tax Info

  • New Taxes Expense: 502.00
  • Tax Block: B
  • Tax Census Tract: 6211.04
  • Tax Lot: 16
  • Tax Tract Number: 4340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2014
Sold by
Sutor Carol M
Bought by
Sutor Carol M and The S & C Sutor Family Trust
Current Estimated Value
$2,043,540

Purchase Details

Closed on
Mar 21, 2008
Sold by
Sutor Stanley
Bought by
Sutor Stanley E and Sutor Carol M

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bartlett Jeff
Bought by
Sutor Stanlev and Sutor Carol

Purchase Details

Closed on
Sep 17, 1999
Sold by
Farris William
Bought by
Bartlett Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.5%

Purchase Details

Closed on
May 21, 1999
Sold by
Baker Brad N
Bought by
Farris William

Purchase Details

Closed on
Oct 24, 1997
Sold by
Fimbres Anna M
Bought by
Fimbres Anna Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sutor Carol M -- None Available
Sutor Stanley E -- None Available
Sutor Stanlev $1,080,000 Southland Title Corporation
Bartlett Jeff $565,000 American Title Co
Farris William $442,000 Fidelity Title
Farris William -- Fidelity Title
Fimbres Anna Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartlett Jeff $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $1,730,000 -1.1% $860 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $1,750,000 -- $870 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,635 $1,872,606 $1,677,769 $194,837
2024 $20,053 $1,835,889 $1,644,872 $191,017
2023 $19,642 $1,799,892 $1,612,620 $187,272
2022 $19,290 $1,764,600 $1,581,000 $183,600
2021 $18,980 $1,730,000 $1,550,000 $180,000
2020 $15,003 $1,349,522 $874,692 $474,830
2019 $14,696 $1,323,062 $857,542 $465,520
2018 $14,198 $1,297,121 $840,728 $456,393
2016 $13,500 $1,246,755 $808,083 $438,672
2015 $13,242 $1,228,028 $795,945 $432,083
2014 $12,856 $1,203,974 $780,354 $423,620
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20235732

California Regional Multiple Listing Service (CRMLS)

APN: 4187-029-015

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