NOT LISTED FOR SALE

1035 W 12th St San Pedro, CA 90731

Estimated Value: $1,248,000 - $1,489,000

6 Beds
4 Baths
2,848 Sq Ft
$474/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,205,000 $423 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,660/month

10 Days on Market

Highlights

  • Marina
  • City Lights View
  • Private Yard
  • Custom Home
  • Property is near a park
  • No HOA

About This Home

As of January 2022

Here's your opportunity to jump on a fantastic bread & butter 4-unit income-producing property in Vista Del Oro! With 2 of the 4 units being DELIVERED VACANT, explore endless opportunities to buy as an owner-occupant or investment property while maximizing rents. The two rear units feature 2 bedrooms & 1 bath with interior laundry hook ups. Front units feature 1 bedroom & 1 bath with interior laundry hook ups and upgraded windows. Extended driveway leads to the rear which includes 4 garage spaces (2- 1 car and 1-2 car garage) with additional space for parking. Each unit has it's own electric and gas meter while the owner covers water (one water meter). This prime neighborhood is centrally located and just a few blocks from shopping, local schools, transportation, and restaurants. With the redevelopment of the LA Waterfront on its way, it's a great time to invest/buy in San Pedro! *NOTE: Potential Proforma is approx.$7,100/mo and $85,200 annually.

Last Agent to Sell the Property

Michael Harper

HH Coastal Real Estate License #01381971 Listed on: 11/06/2021

Co-Listed By

Peter Hazdovac

HH Coastal Real Estate License #01897455

Last Buyer's Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,570

Year Built

  • Built in 1956

Lot Details

  • 6,091 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Level Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Detached Carport Space
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Custom Home
  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Living Room
  • Laminate Flooring

Kitchen

  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 17 / 11
  • Assessor Parcel Number 7458017018
  • $496 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Marina

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,570

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 300000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARD2
  • Architectural Style: Custom Built
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7458017018
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 423.10
  • Room Type: Laundry, Living Room
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Park Nearby, Yard
  • Lot Size Sq Ft: 6091.00
  • Lot Size Acres: 0.1398

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 6091.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 2000.00
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Area: 14
  • Tax Block: 11
  • Tax Census Tract: 2969.02
  • Tax Lot: 17
  • TaxOtherAnnualAssessmentAmount: 496.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Sadighesfandiary Shabnam
Bought by
Arila Llc
Current Estimated Value
$1,351,170

Purchase Details

Listed on
Nov 6, 2021
Closed on
Dec 7, 2021
Sold by
Lakos Trust and Coates Trust
Bought by
Sadighesfandiary Shabnam
Seller's Agent
Michael Harper
HH Coastal Real Estate
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,200,000
Sold Price
$1,205,000
Premium/Discount to List
$5,000
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Listed on
Nov 6, 2021
Closed on
Nov 22, 2021
Sold by
Habibi Ali
Bought by
Sadighesfandiary Shabnam
Seller's Agent
Michael Harper
HH Coastal Real Estate
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,200,000
Sold Price
$1,205,000
Premium/Discount to List
$5,000
0.42%

Purchase Details

Closed on
Nov 4, 2015
Sold by
Butler Geraldine Louise
Bought by
Butler Geraldine L

Purchase Details

Closed on
Nov 4, 2014
Sold by
Butler Geraldine L
Bought by
Butler Family Trust

Purchase Details

Closed on
Jan 22, 2003
Sold by
Lakos Peter
Bought by
Lakos Peter
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arila Llc -- Usa National Title
Sadighesfandiary Shabnam $1,205,000 Fidelity National Title
Sadighesfandiary Shabnam -- Fidelity National Title
Butler Geraldine L -- None Available
Butler Family Trust -- None Available
Lakos Peter -- --
Coates Wayne F -- --
Coates Denise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sadighesfandiary Shabnam $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $1,205,000 +0.4% $423 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $1,200,000 -- $421 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $15,570 $1,278,755 $827,742 $451,013
2024 $15,570 $1,253,682 $811,512 $442,170
2023 $15,271 $1,229,100 $795,600 $433,500
2022 $1,860 $114,762 $36,239 $78,523
2021 $1,823 $112,513 $35,529 $76,984
2020 $1,833 $111,360 $35,165 $76,195
2019 $1,779 $109,177 $34,476 $74,701
2018 $1,658 $107,037 $33,800 $73,237
2016 $1,558 $102,883 $32,489 $70,394
2015 $1,540 $101,338 $32,001 $69,337
2014 $1,572 $99,354 $31,375 $67,979
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21243125

California Regional Multiple Listing Service (CRMLS)

APN: 7458-017-018