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735 Lomita Street

735 Lomita Street, El Segundo, CA 90245
Property in El Segundo
Sold Nov 14, 2023
$2,850,000
$2,137,500 by Movement Mortgage, Llc
Mortgage Due Dec 01, 2053
Sold May 17, 2021
$1,505,000
$936,250 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2051
Local assessors in El Segundo, CA have categorized 735 Lomita Street as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 6,562 square feet. The linear feet between the front and back of the lot was measured at 1,210 ft and the front of the lot was measured at 540 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 735 Lomita Street has a total of 2,274 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a hip style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 735 Lomita Street sold most recently in Nov 6, 2023 for a total of $2,850,000. If you work out the math, that's approximately a cost of $1,253.30 per sqft. Before that, the property was also sold for $1,505,000 in Apr 12, 2021. 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 $17,579 in taxes each year. 735 Lomita Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,972,781. If we break it down further, the land itself was valued at $1,252,641. Improvements to the property, however, were assessed at a total of $720,140. 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: 1948
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,562
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 540
  • Total Building Area: 2,274
  • Building Area: 2,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 12812
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 12812 LOT/SEC 78

Ownership

  • Current Owner : TURNER AVRIL
  • Current Owner 2: TURNER AARON
  • Previous Owner : CKQ FAMILY TRUST
  • Owner Before Previous Owner: LAMERE PATRICIA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: El Segundo Unified School District
  • Census Tract: 620001

Zoning

  • Zoning: ESR1YY

Geography

  • Assessors Map Reference: 56-B5
  • Subdivision Tract Number: 12812
  • Parcel: 4133-017-018
  • Lot: 78
  • Municipality: SOUTH /EL SEGUNDO SFR
  • Latitude: 33.9261
  • Longitude: -118.408

    Address

  • Full Address: 735 Lomita St
  • Address - House Number: 735
  • Address - Street Name: Lomita
  • Address - Suffix Type: St
  • State: CA
  • City Name: El Segundo
  • Carrier Code: C007
  • 4-Digit Zip Code: 3108
  • Zip Code: 90245

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,579
  • Tax Rate Code Area: 03-710

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 68
  • Final Value: 2,052,205
  • High Value: 2,518,438
  • Low Value: 1,585,972

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,137,500
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Nov 14, 2023
  • First Open Lien Mortgage Loan Amount: $2,137,500
  • 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: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,972,781
  • Assessed Land Value: $1,252,641
  • Assessed Improvements Value: $720,140

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Transaction ID: 11915767347
  • Current Sale Price: $2,850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 780488
  • Previous Sale Recording Date: May 17, 2021
  • Previous Sale Contract Date: Apr 12, 2021
  • Previous Sale Amount: $1,505,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Nov 14, 2023
  • First Mortgage Loan Amount: $2,137,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 17, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $936,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

About El Segundo



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Frequently Asked Questions

What neighborhood is 735 Lomita Street located in?
The 735 Lomita Street is a located in the neighborhood of El Segundo in El Segundo, El Segundo.
What is the average sales price for listings in 735 Lomita Street?
The average sales price for units in 735 Lomita Street is $0 currently.

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