NOT LISTED FOR SALE

1061 W 25th St San Pedro, CA 90731

Estimated Value: $1,176,000 - $1,351,000

7 Beds
5 Baths
2,754 Sq Ft
$471/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $816,000 $296 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,815/month

20 Days on Market

About This Home

As of November 2016

Coming soon- Back on Market! Awesome investment opportunity in the Palisades area of up and coming San Pedro. Great Quad-plex with a current CAP Rate over 5%! (Three 2 BR units and one Studio apartment.) Just minutes away from the new $100 million development- San Pedro Public Market. Well-maintained property in prime residential neighborhood near large shopping center with a variety of stores & restaurants. Easy walking distance to beach, recreation, schools and public transportation. 3 units have 2 on-site garage parking spaces each and storage. Studio has one parking space. (Total of 6 enclosed spaces, 2 driveway spaces). On-site laundry room produces extra income. Perfect property for an investor who wants a nice, clean property with solid upside away potential.

Last Agent to Sell the Property

Lisa Lubchansky

Keller Williams Silicon Beach License #01960189 Listed on: 07/05/2016

Keller Williams Silicon Beach

Co-Listed By

Patrick Hattori

Patrick Hattori License #01267789

Last Buyer's Agent

Lisa Lubchansky

Keller Williams Silicon Beach License #01960189 Listed on: 07/05/2016

Keller Williams Silicon Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,525

Year Built

  • Built in 1920

Lot Details

  • 5,001

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Car Attached Garage
  • Driveway

Additional Features

  • 5,001 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7463-015-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,525

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2754
  • Stories: 2
  • Year Built: 1920
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 294.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 4+ Car, Garage Is Attached
  • Total Parking: 8

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 227409
  • Assessed Land Value: 648126
  • Assessor Parcel Number: 7463-015-006
  • Geocode Override: No
  • Lot Size Area: 5001

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.28
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 18909.36
  • Type Of Units: Quad-plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2016
Sold by
Bermudez Eva Maria and Eva Marie Bermudez Living Trus
Bought by
Karabuva Branko
Current Estimated Value
$1,296,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Bermudez Eva Marie
Bought by
Bermudez Eva Marie and The Eva Marie Bermudez Living

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bermudez David
Bought by
Bermudez Eva Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2005
Sold by
Vajid Ghulam and Vajid Naushina
Bought by
Bermudez Eva Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 11, 2005
Sold by
Gilmer Jason
Bought by
Vajid Ghulam and Vajid Naushina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 2003
Sold by
Spennato Peter and Spennato Candace
Bought by
Gilmer Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Miller Shawn P
Bought by
Miller Luciana Varvais

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Interest Rate
6.43%

Purchase Details

Closed on
Aug 5, 2002
Sold by
Jurun Nicholas L and Jurun Debra
Bought by
Miller Luciana Varvais

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,600
Interest Rate
6.43%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Jurun Nicholas L and Jurun Debra
Bought by
Jurun Nicholas L and Jurun Debra
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karabuva Branko $816,000 Fidelity National Title Co
Bermudez Eva Marie -- None Available
Bermudez Eva Marie -- --
Bermudez Eva Marie $770,000 --
Vajid Ghulam $729,000 Lawyers Title
Gilmer Jason $580,000 First American Title Co
Miller Luciana Varvais -- First American Title Co
Miller Luciana Varvais $462,000 First American Title Co
Jurun Nicholas L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karabuva Branko $612,000
Previous Owner Bermudez Eva Marie $539,000
Previous Owner Vajid Ghulam $539,000
Previous Owner Gilmer Jason $464,000
Previous Owner Miller Luciana Varvais $369,600
Closed Miller Luciana Varvais $46,200
Closed Gilmer Jason $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2016 11/17/16 Sold $816,000 +0.7% $296 / Sq Ft
08/08/2016 08/08/16 For Sale $810,000 0.0% $294 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $810,000 -- $294 / Sq Ft
Source: The MLS

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 $11,525 $947,035 $580,292 $366,743
2024 $11,525 $928,466 $568,914 $359,552
2023 $11,304 $910,261 $557,759 $352,502
2022 $10,783 $892,414 $546,823 $345,591
2021 $10,642 $874,916 $536,101 $338,815
2019 $10,326 $848,966 $520,200 $328,766
2018 $10,221 $832,320 $510,000 $322,320
2017 $9,998 $816,000 $500,000 $316,000
2016 $10,899 $888,885 $658,009 $230,876
2015 $10,741 $875,535 $648,126 $227,409
2014 $10,795 $858,386 $635,431 $222,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-138318

The MLS

APN: 7463-015-006