NOT LISTED FOR SALE

1058 W 18th St San Pedro, CA 90731

Estimated Value: $1,314,926 - $1,627,000

7 Beds
7 Baths
5,067 Sq Ft
$288/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $875,000 $173 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,800/month

58 Days on Market

Highlights

  • Contemporary Architecture
  • Double Oven
  • Closed Circuit Camera
  • No HOA
  • Laundry Room
  • Central Heating

About This Home

As of November 2017

This 4 unit building is located in the heart of Vista Del Oro. The rear owners unit is a 2 story separate building with a family room and a half bath in the lower part of this unit . It features a spiral staircase to the upper part of the unit with a very large kitchen, living Room with a conversation area with a wet bar. Next to the kitchen is a very large laundry area with plenty of storage space. Large pantry. There are two large bedrooms with 1 and a half bath. The master bedroom has a balcony with a great view of the LA Harbor and City lights. The 3 additional units are also large. There is also a large storage area between the upper and lower floors of the rear unit. Newer appliance in the rear owners unit There are 5 parking spaces in the rear of this building. All of the units have individual laundry areas.

Last Agent to Sell the Property

Frank Camello

Califano Realty License #00450181 Listed on: 08/12/2017

Last Buyer's Agent

Armando Mendoza

West Shores Realty, Inc. License #01280264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,302

Year Built

  • Built in 1925

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • 5,067 Sq Ft Home
  • Contemporary Architecture
  • Spanish Architecture
  • Property Attached
  • Composition Roof
  • Asphalt Roof
  • Stucco

Kitchen

  • Double Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 18
  • Assessor Parcel Number 7462001018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $6,000
  • New Taxes Expense $12,000
  • Operating Expense $20,900
  • Gross Income $37,432
  • Net Operating Income $37,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,302

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Smoke Detector(s)
  • Water Sewer Expenses: 6000.00
  • Zoning: LAR2
  • Architectural Style: Contemporary, Spanish
  • Property Type: Residential Income
  • Parcel Number: 7462001018
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 172.69

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 37432.00
  • Gross Scheduled Income: 58332.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 37432.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 20900.00
  • Rent Control: Yes
  • Total Expenses: 20900.00

Tax Info

  • New Taxes Expense: 12000.00
  • Tax Census Tract: 2969.01
  • Tax Lot: 18
  • Tax Tract Number: pecks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Mendoza Armando
Bought by
1058 W 18Th Street Trust and Matrix Holding Llc
Current Estimated Value
$1,460,732

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 23, 2017
Sold by
Primavera Josephine and Primavera Family Trust
Bought by
Mendoza Armando
Seller's Agent
Frank Camello
Califano Realty
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$969,000
Sold Price
$875,000
Premium/Discount to List
-$94,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$575,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2017
Closed on
Oct 11, 2017
Sold by
Primavera Joseph
Bought by
Primavera Josephine
Seller's Agent
Frank Camello
Califano Realty
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$969,000
Sold Price
$875,000
Premium/Discount to List
-$94,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Primavera Joseph and Primavera Josephine
Bought by
Primavera Joseph and Primavera Josephine
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
1058 W 18Th Street Trust -- Accommodation/Courtesy Recordi
Mendoza Armando $875,000 Fidelity National Title Co
Primavera Josephine -- Fidelity National Title Co
Primavera Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Armando $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $875,000 -8.8% $173 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/03/2017 09/03/17 Price Changed $959,000 -1.0% $189 / Sq Ft
08/12/2017 08/12/17 For Sale $969,000 -- $191 / 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 $12,302 $995,596 $455,130 $540,466
2024 $12,302 $976,075 $446,206 $529,869
2023 $12,070 $956,937 $437,457 $519,480
2022 $11,517 $938,175 $428,880 $509,295
2021 $11,354 $919,780 $420,471 $499,309
2019 $11,018 $892,500 $408,000 $484,500
2018 $10,906 $875,000 $400,000 $475,000
2017 $5,886 $463,779 $131,247 $332,532
2016 $5,697 $454,686 $128,674 $326,012
2015 $5,616 $447,857 $126,742 $321,115
2014 $5,656 $439,085 $124,260 $314,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17186803

California Regional Multiple Listing Service (CRMLS)

APN: 7462-001-018