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2222 Marine Avenue

2222 Marine Avenue, Gardena, CA 90249
Commercial in Gardena
Sold Jul 30, 2020
$485,000
$350,000 by Velocity Commercial Capital Ll
Mortgage
2222 Marine Avenue in Gardena, CA was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1941. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2222 Marine Avenue has 1,474 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 6,666 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2222 Marine Avenue sold most recently in Jul 21, 2020 for a total of $485,000. If you work out the math, that's approximately a cost of $329.04 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,086 in taxes each year. The initial year of tax delinquency occurred in 2021. 2222 Marine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $704,820. If we break it down further, the land itself was valued at $612,000. Improvements to the property, however, were assessed at a total of $92,820. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,666
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,474
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 12341
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 12341 LOT/SEC 5

Ownership

  • Current Owner : OLAJIDE MOBOLAJI
  • Previous Owner : XENOS MARY LOU
  • Previous Owner 2: BUNTIN AND XENOS FAMILY TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 603600

Zoning

  • Zoning: GAC3

Geography

  • Assessors Map Reference: 63-D3
  • Subdivision Tract Number: 12341
  • Parcel: 4069-001-005
  • Lot: 5
  • Municipality: SOUTH /N. GARDENA SFR
  • Latitude: 33.8945
  • Longitude: -118.319

    Address

  • Full Address: 2222 Marine Ave
  • Address - House Number: 2222
  • Address - Street Name: Marine
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Gardena
  • Carrier Code: C025
  • 4-Digit Zip Code: 3723
  • Zip Code: 90249

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,086
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 04-329

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 825,517
  • High Value: 1,011,513
  • Low Value: 639,520

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: SEA CREST SERVICES INC
  • Second Open Lien Mortgage Recording Date: Apr 26, 2023
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $704,820
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $92,820

    Sales

  • Current Sale Contract Date: Jul 21, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11775343667
  • Current Sale Price: $485,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0862963

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANCE PORTFOLIO
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Gardena



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Frequently Asked Questions

What neighborhood is 2222 Marine Avenue located in?
The 2222 Marine Avenue is a commercial located in the neighborhood of Gardena in Gardena, Gardena.
What is the average sales price for listings in 2222 Marine Avenue?
The average sales price for units in 2222 Marine Avenue is $0 currently.

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