NOT LISTED FOR SALE

924 Watson Ave Wilmington, CA 90744

Estimated Value: $752,000 - $991,000

8 Beds
4 Baths
2,392 Sq Ft
$365/Sq Ft Est. Value

Sale Details

Date Sold: February 6, 2015

Last sale price $506,845 $212 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,351 / mo

302 Days on Market

Highlights

  • Lawn
  • No HOA
  • Carpet

About This Home

As of February 2015

Cash Flow - Cash Flow!!!!! – NO Rent Control – Amazing Income Property, TWO Units, EACH has 4 Bed + 2 Bath! Built in 2005 with easy maintenance access. Excellent condition. Long term tenants , Solid Income, Huge Lot with Lots of Parking.

Last Agent to Sell the Property

Afshin Eskandari

West Shores Realty, Inc. License #01803613 Listed on: 03/05/2014

West Shores Realty, Inc.

Last Buyer's Agent

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 6,803 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Home Design

  • 2,392 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 2 Carport Spaces

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 2947
  • Assessor Parcel Number 7425035029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,875
  • Gross Income $3,800
  • Net Operating Income $38,760

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

6,803 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7425035029
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Levels: One
  • Price Per Square Foot: 211.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 6803.00
  • Lot Size Acres: 0.1560

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6803.0000 Square Feet
  • Net Operating Income: 38760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6840.00
  • Rent Control: No
  • Total Actual Rent: 3800.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Lot: 6
  • Tax Tract Number: 2947
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2026
Sold by
Bought by
Current Estimated Value
$873,214

Purchase Details

Closed on
Apr 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Listed on
Mar 5, 2014
Closed on
Jan 29, 2015
Sold by
Bought by
Seller's Agent
Afshin Eskandari
West Shores Realty, Inc.
Buyer's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
List Price
$550,000
Sold Price
$506,845
Premium/Discount to List
-$43,155
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$360,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Aug 14, 2013
Sold by
Bought by
Seller's Agent
Steven Lamb
Long Beach Real Estate
Buyer's Agent
Afshin Eskandari
West Shores Realty, Inc.
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$360,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- --
$507,000 Lawyers Title Company
$450,000 Ticor Title Tustin Orange Co
$365,000 None Available
$492,000 Fidelity National Title Co
$200,000 Old Republic Title
-- --
$125,000 Old Republic Title
-- Old Republic Title
$18,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Previous Owner $360,000
Previous Owner $360,000
Previous Owner $393,600
Previous Owner $181,000
Closed $0
Closed $98,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2015 02/06/15 Sold $506,845 -7.8% $212 / Sq Ft
01/01/2015 01/01/15 Pending -- -- --
03/05/2014 03/05/14 For Sale $550,000 +22.2% $230 / Sq Ft
09/17/2013 09/17/13 Sold $450,000 0.0% $188 / Sq Ft View Prior Sale
08/05/2013 08/05/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $449,900 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,720 $609,329 $384,589 $224,740
2024 $7,621 $597,383 $377,049 $220,334
2023 $7,479 $585,670 $369,656 $216,014
2022 $7,139 $574,187 $362,408 $211,779
2021 $7,045 $562,929 $355,302 $207,627
2019 $6,839 $546,234 $344,764 $201,470
2018 $6,697 $535,524 $338,004 $197,520
2017 $6,552 $525,025 $331,377 $193,648
2016 $6,387 $514,731 $324,880 $189,851
2015 $5,724 $458,990 $280,494 $178,496
2014 $5,753 $450,000 $275,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14046575

California Regional Multiple Listing Service (CRMLS)

APN: 7425-035-029

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