NOT LISTED FOR SALE

1041 S Walker Ave San Pedro, CA 90731

Estimated Value: $1,383,000 - $1,715,000

8 Beds
4 Baths
4,160 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $1,175,000 $282 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,306/month

21 Days on Market

Highlights

  • Harbor Views
  • Property is near a park
  • Private Yard
  • Custom Home
  • Granite Countertops
  • No HOA

About This Home

As of August 2019

First time on the market ever! This beautiful custom built four unit building is located in upper Vista del Oro's pristine neighborhood. It was meticulously designed and constructed by our very own San Pedro developer, Mr. Paul Berglund. The family owned property was built in 1947 and shows great pride of ownership with many tasteful upgrades. The following units, 1041, 1043, 1045 and 1047 offer approximately 1,040 square feet of living space, two good sized bedrooms, a combined living room and dining room, a lovely full size bath and kitchen. Each unit varies in upgrades, but all units are well maintained and offer the same floor plan design. The beautifully landscaped common grounds lead to the back garage parking and laundry area. Each unit has a double car shared garage with easy alley access. The garage and laundry common area are shared with the adjacent building 1033 S. Walker Ave. which is also for sale and built by Mr. Paul Berglund. This is a great opportunity to purchase two separate buildings 1033 and 1041 S. Walker Ave. Property is conveniently located with close proximity to shopping centers, religious facilities, schools, Cabrillo Beach, The Historic Point Fermin Park and Lighthouse Museum, Royal Palms, and the Korean Bell.

Last Agent to Sell the Property

Maggie De Alba

Keller Williams Palos Verdes License #01322996 Listed on: 06/10/2019

Keller Williams Palos Verdes

Last Buyer's Agent

Gerard Khorozian

Dilbeck Real Estate License #01941860

Dilbeck Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,713

Year Built

  • Built in 1947

Lot Details

  • 6,750 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Fence is in average condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • Harbor
  • Peek-A-Boo
  • Hills
  • Neighborhood

Home Design

  • Custom Home
  • Quadruplex
  • Turnkey

Interior Spaces

  • 4,160 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Garden Windows
  • Window Screens
  • Living Room

Kitchen

  • Built-In Range
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Floor Furnace
  • Underground Utilities
  • Water Heater
  • Sewer Paid
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7459024009

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by Paul Berglund
  • Greenbelt

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $715
  • Fuel Expense $368
  • Gardener Expense $1,650
  • Insurance Expense $2,754
  • Other Expense $173
  • Water Sewer Expense $2,950
  • New Taxes Expense $15,625
  • Operating Expense $24,235
  • Gross Income $74,484
  • Net Operating Income $65,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,713

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 2950.00
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1650.00
  • Parcel Number: 7459024009
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Granite Counters, Tile Counters, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 282.45
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Window Features: Blinds, Double Pane Windows, Garden Window(s), Screens

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • View: Harbor, Hills, Neighborhood, Peek-A-Boo
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Builder Name: Paul Berglund
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Greenbelt, Landscaped, Lawn, Park Nearby, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Walkstreet, Yard
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 715.00
  • Fuel Expense: 367.92
  • Gross Income: 74484.00
  • Gross Scheduled Income: 74484.00
  • Insurance Expense: 2754.00
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 65873.80
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 8610.20
  • Other Expense: 173.28
  • Other Expense Description: LA City
  • Rent Control: Yes
  • Total Actual Rent: 6207.00
  • Total Expenses: 24235.20

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 297000
  • Tax Lot: 7
  • Tax Rate: 14.00
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Sep 24, 2019
Sold by
Gobrial David
Bought by
Stm Property Llc
Seller's Agent
Maggie De Alba
Keller Williams Palos Verdes
Buyer's Agent
Gerard Khorozian
Dilbeck Real Estate
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Current Estimated Value
$1,520,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,333
Avg. Annual Appreciation
4.19%

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 30, 2019
Sold by
Ishak Jessica
Bought by
Gobrial David
Seller's Agent
Maggie De Alba
Keller Williams Palos Verdes
Buyer's Agent
Gerard Khorozian
Dilbeck Real Estate
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 3, 2019
Sold by
Berglund Terry A and Berglund Chris E
Bought by
Gobrial David
Seller's Agent
Maggie De Alba
Keller Williams Palos Verdes
Buyer's Agent
Gerard Khorozian
Dilbeck Real Estate
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2019
Sold by
Berglund Terry A
Bought by
Berglund Terry A and Terry A Berglund Revocable Tru

Purchase Details

Closed on
Nov 6, 2018
Sold by
Racowschi Nancy L and Racowschi William
Bought by
Racowschi Nancy L and Racowschi William

Purchase Details

Closed on
Apr 18, 2018
Sold by
Osmanagic Snjezzn
Bought by
Ljubic Tomo and Cherokee Orphan Youth Trust

Purchase Details

Closed on
Mar 2, 2016
Sold by
Berglund Chris E
Bought by
Chris & Nandi Berglund 2016 Trust

Purchase Details

Closed on
Jan 6, 2014
Sold by
Berglund Terry A
Bought by
Berglund Terry A and Berglund Chris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2007
Sold by
Berglund Nandi L
Bought by
Berglund Chris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2006
Sold by
Berglund Chris E and Racowschi Nancy L
Bought by
Berglund Terry A

Purchase Details

Closed on
Feb 10, 2005
Sold by
Berglund John Edwin Paul
Bought by
Berglund J E Paul and Berglund Family Trust

Purchase Details

Closed on
Sep 10, 2004
Sold by
Berglund Joann Swalley
Bought by
Berglund John Edwin Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
1.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Berglund J E Paul and The Berglund Family Trust
Bought by
Berglund John Edwin Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
1.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Berglund Paul and E Paul Berglund J
Bought by
Berglund J E Paul and The Berglund Family Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Stm Property Llc -- None Available
Gobrial David -- Fidelity National Title
Gobrial David $2,350,000 Fidelity National Title
Berglund Terry A -- None Available
Racowschi Nancy L -- None Available
Ljubic Tomo -- None Available
Chris & Nandi Berglund 2016 Trust -- None Available
Berglund Chris E -- None Available
Berglund Terry A -- First American Title Company
Berglund Chris E -- Lawyers Title
Racowschi Nancy L -- Lawyers Title
Berglund Terry A -- Lawyers Title
Berglund Terry A -- Lawyers Title
Berglund Terry A -- None Available
Berglund J E Paul -- --
Berglund John Edwin Paul -- First American Title Company
Berglund John Edwin Paul -- First American Title Company
Berglund J E Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gobrial David $881,250
Previous Owner Berglund Terry A $324,000
Previous Owner Racowschi Nancy L $345,000
Previous Owner Berglund John Edwin Paul $200,000
Previous Owner Berglund John Edwin Paul $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $1,175,000 -6.0% $282 / Sq Ft
06/10/2019 06/10/19 For Sale $1,250,000 -- $300 / 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 $15,713 $1,286,123 $546,820 $739,303
2024 $15,713 $1,260,906 $536,099 $724,807
2023 $15,413 $1,236,184 $525,588 $710,596
2022 $14,702 $1,211,946 $515,283 $696,663
2021 $14,497 $1,187,173 $505,180 $681,993
2020 $14,641 $1,175,000 $500,000 $675,000
2019 $2,049 $128,520 $42,609 $85,911
2018 $1,977 $126,001 $41,774 $84,227
2016 $1,847 $121,109 $40,152 $80,957
2015 $1,826 $119,290 $39,549 $79,741
2014 $1,860 $116,954 $38,775 $78,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19109316

California Regional Multiple Listing Service (CRMLS)

APN: 7459-024-009