Check Availability

531 West G Street

531 West G Street, Wilmington, CA 90744
Multifamily in Wilmington
Sold Jan 18, 2019
$440,000
$439,000 by Royal Pacific Funding Corp
Mortgage Due Mar 01, 2051
Sold Jun 16, 2014
$280,000
531 West G Street in Wilmington, CA was first built in 1922 and is 102 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 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. 531 West G Street has 1,408 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. In total, the area measurement of the land is 4,009 square feet.

Learn more about the property and building on this page. 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 D. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 531 West G Street sold most recently in Nov 16, 2018 for a total of $440,000. If you work out the math, that's approximately a cost of $312.50 per sqft. Before that, the property was also sold for $280,000 in Jun 10, 2014. 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 $5,686 in taxes each year. 531 West G Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $471,767. If we break it down further, the land itself was valued at $321,660. Improvements to the property, however, were assessed at a total of $150,107. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,009
  • Total Building Area: 1,408
  • Gross Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SONS RESUBDIVISION BLOCK 8 OF WILMINGTON
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SONES RESUB OF BLK 8 RANGE 8 OF WILMINGTON S 100 FT OF LOT/SEC 18

Ownership

  • Current Owner : HERRERA ANTONIO TAFOLLA
  • Current Owner 2: HERRERA CARLOS
  • Previous Owner : RABII FAHIMEH
  • Previous Owner 2: FAHIMEH RABII TRUST
  • Owner Before Previous Owner: OTHON LUIS CARLO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 294820

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 74-B4
  • Parcel: 7416-026-027
  • Block: 8
  • Lot: 18
  • Municipality: SOUTH /WILMINGTON
  • Latitude: 33.7784
  • Longitude: -118.269

    Address

  • Full Address: 531 W G St
  • Address - House Number: 531
  • Street Direction: W
  • Address - Street Name: G
  • Address - Suffix Type: St
  • State: CA
  • City Name: Wilmington
  • Carrier Code: C008
  • 4-Digit Zip Code: 5409
  • Zip Code: 90744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,686
  • Tax Rate Code Area: 00-400

    Appraisal Valuation

  • Standard Deviation: 0.2226
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 727,615
  • High Value: 889,592
  • Low Value: 565,638

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,000
  • First Open Lien Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • First Open Lien Mortgage Recording Date: Feb 18, 2021
  • First Open Lien Mortgage Loan Amount: $439,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $471,767
  • Assessed Land Value: $321,660
  • Assessed Improvements Value: $150,107

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Jan 18, 2019
  • Current Sale Transaction ID: 11562100142
  • Current Sale Price: $440,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0055282
  • Previous Sale Recording Date: Jun 16, 2014
  • Previous Sale Contract Date: Jun 10, 2014
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Grant Deed

About Harbor



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 317 W Q Street, Wilmington, CA, 90744

$3,795 /mo

  • 3 Beds
  • 1 Bath
  • 1,115 ft²
317 W Q Street, Wilmington, CA, 90744 Listing by Sarah Miller
Unit for rent at 1147 Sanford Avenue, Wilmington, CA, 90744

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 870 ft²
1147 Sanford Avenue, Wilmington, CA, 90744 Listing by Rocio Ortegon

Frequently Asked Questions

What neighborhood is 531 West G Street located in?
The 531 West G Street is a multifamily located in the neighborhood of Wilmington in Harbor, Wilmington.
What is the average sales price for listings in 531 West G Street?
The average sales price for units in 531 West G Street is $0 currently.

Quantcast