Owner
$991,820
2438 253RD ST, LOMITA, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
2
baths
1
sq. ft.
1,018
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B
Living Area
Attached Garage
1 Story
Floor/Wall
Wood
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1946
Building Size
1,018 sq ft
Lot Size
20,286 sq ft
Lot Size (Acres)
0.47 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
7373-016-070
County
Los Angeles County, California
Metro Area
Los Angeles-Long Beach-Anaheim, CA
Zoning
LOA1*
Neighborhood/Subdivision
592
Lot Number
23
School District
Los Angeles Unified School District
Legal Description
TRACT NO 592 W 85 FT OF LOT/SEC 23
Tax & Value Information
Market Value (Total)
—
Building Value
—
Land Value
—
Annual Property Tax
$8,722
Tax Assessment Year
2024
Assessed Value
$689,970
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
12/24/2003
Recording Date
1/6/2004
Sales Document #
2004.23943
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$38,378
Return on Investment
15.60%
After Repair Value
$1,091,002
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$892,638
Renovation Cost
$49,591
Closing Costs (buying)
$17,853
Holding Costs
$27,082
Selling Costs
$65,460
Total Investment
$245,971
After Repair Value (ARV)
$1,091,002
Total Costs
$1,052,624
Estimated Profit
$38,378
Cash Invested
$228,119
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area