Seller's Agent in 2019
George Rosenkranz
Compass
(310) 717-8767
16 Total Sales
1079 W Summerland Ave San Pedro, CA 90732
Estimated Value: $815,000 - $959,242
3
Beds
2
Baths
1,470
Sq Ft
$592/Sq Ft
Est. Value
Highlights
- Property is near a park
- Laundry Room
- 2 Car Garage
- Rudecinda Sepulveda Dodson Middle Rated A-
- Bungalow
- 2-minute walk to Rena Park
About This Home
As of March 2019Great investment opportunity to own this charming duplex in the coveted Holy Trinity neighborhood of San Pedro. Conveniently located on an oversized lot across the street from Rena Park, these completely detached units, each with their own attached garage and driveway, plus each with their own private backyard, look and feel like stand-alone cottages. The FRONT UNIT has two bedrooms and one bathroom. Upon entering the front home you’ll notice the high ceilings, lots of windows, and original details such as molding and archways that provide 1920s charm. Adjacent to the living room is the formal dining room and an updated kitchen with a gas stove. The laundry room is off the kitchen and provides easy access to the yard. 2 well proportioned bedrooms and an updated bathroom complete this lovely unit. The private backyard is perfect for relaxing and entertaining with a newer deck and a hot tub! The front unit has a newer dual paned windows (1 yr) water heater (2yrs), roof (2yrs), plus a brand new 200 amp electrical panel. The BACK UNIT is turnkey and features one bedroom and one bathroom, a small bonus room, living room, kitchen with gas stove and laundry room area, plus a private backyard and deck. The water heater and 200 amp panel are new. Other upgrades within the last 6-7 years include the roof and dual paned windows. A rare opportunity to purchase an upgraded duplex in the heart of thriving San Pedro!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,539
Year Built
- Built in 1923 | Remodeled
Lot Details
- 6,444 Sq Ft Lot
- No Common Walls
- Level Lot
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
Home Design
- 1,470 Sq Ft Home
- Duplex
- Bungalow
- Pillar, Post or Pier Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Property is near a park
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 44
- Tax Tract Number 3387
- Assessor Parcel Number 7446020019
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,260
- Water Sewer Expense $1,020
- New Taxes Expense $8,050
- Operating Expense $10,330
- Gross Income $42,120
- Net Operating Income $32,880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 2, 2023
Sold by
Mcdonald Alyssa Diane
Bought by
Mcdonald Gabriel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$588,775
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$282,036
Purchase Details
Closed on
Feb 27, 2023
Sold by
Mcdonald Gabriel
Bought by
Gutierrez Diego Martin and Gutierrez Alondra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$588,775
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$282,036
Purchase Details
Listed on
Oct 24, 2018
Closed on
Mar 1, 2019
Sold by
Oldenburg Jason and Fontolan Flavia
Bought by
Mcdonald Gabriel
Seller's Agent
George Rosenkranz
Compass
Buyer's Agent
Andrea Park
gotmortgage.com Real Estate Group
List Price
$635,000
Sold Price
$590,000
Premium/Discount to List
-$45,000
-7.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$579,313
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 14, 2004
Sold by
Swanson Robert A and Swanson Mary Ann R
Bought by
Oldenburg Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 23, 1998
Sold by
Devico Vincent M
Bought by
Devico Vincent Michael and The Vincent Michael Devico Rev
Purchase Details
Closed on
Aug 7, 1996
Sold by
Swanson Robert A and Swanson Maryann R
Bought by
Swanson Robert A and Swanson Maryann R
Purchase Details
Closed on
Nov 2, 1995
Sold by
Glendale Federal Bank Fsb
Bought by
Swanson Robert A and Swanson Maryann R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.51%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 13, 1995
Sold by
Dimassa Luigi Joseph and Dimassa Norma Charlene
Bought by
Glendale Federal Bank Fsb
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.51%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcdonald Gabriel | -- | Wfg National Title | |
| Gutierrez Diego Martin | $760,000 | Wfg National Title | |
| Mcdonald Gabriel | $590,000 | Western Resources Title Co | |
| Oldenburg Jason | $379,000 | Lawyers Title Company | |
| Devico Vincent Michael | -- | -- | |
| Swanson Robert A | -- | Fidelity National Title | |
| Swanson Robert A | $92,000 | First American Title Co | |
| Glendale Federal Bank Fsb | $160,210 | Continental Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gutierrez Diego Martin | $608,000 | |
| Previous Owner | Mcdonald Gabriel | $579,313 | |
| Previous Owner | Oldenburg Jason | $303,200 | |
| Previous Owner | Swanson Robert A | $82,800 | |
| Closed | Oldenburg Jason | $75,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2019 03/22/19 | Sold | $590,000 | -7.1% | $401 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 01/09/2019 01/09/19 | For Sale | $635,000 | +7.6% | $432 / Sq Ft |
| 11/13/2018 11/13/18 | Off Market | $590,000 | -- | -- |
| 10/24/2018 10/24/18 | For Sale | $599,000 | -- | $407 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,539 | $790,704 | $655,452 | $135,252 |
| 2024 | $9,539 | $775,200 | $642,600 | $132,600 |
| 2023 | $7,826 | $632,596 | $525,377 | $107,219 |
| 2022 | $7,462 | $620,193 | $515,076 | $105,117 |
| 2021 | $7,371 | $608,033 | $504,977 | $103,056 |
| 2020 | $7,445 | $602,020 | $499,800 | $102,220 |
| 2019 | $5,783 | $473,790 | $411,100 | $62,690 |
| 2018 | $5,716 | $464,506 | $403,040 | $61,466 |
| 2016 | $5,462 | $446,260 | $387,391 | $58,869 |
| 2015 | $5,383 | $439,558 | $381,573 | $57,985 |
| 2014 | $5,411 | $430,949 | $374,099 | $56,850 |
Source: Public Records
Agents Affiliated with this Home
-
George Rosenkranz
-
Andrea Park
A
Buyer's Agent in 2019
Andrea Park
gotmortgage.com Real Estate Group
(714) 813-8982
1 in this area
14 Total Sales
-
Andy Parker
A
Buyer's Agent in 2019
Andy Parker
SMART RE CORP
(760) 227-6268
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18243913
APN: 7446-020-019
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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