NOT LISTED FOR SALE

1085 W 26th St San Pedro, CA 90731

Estimated Value: $876,000 - $1,064,216

4 Beds
2 Baths
1,475 Sq Ft
$635/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $759,000 $515 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,071/month

12 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Living Room
  • Traditional Architecture
  • Double Pane Windows
  • Laundry Room

About This Home

As of July 2021

Great investment opportunity! These well maintained 2 houses on a lot are located in the Palisades area of San Pedro. The front house has 2 bedrooms, 1 bath, inside laundry and a low maintenance front yard. There is a gated driveway/carport parking for 3 cars. The back house is also a 2 bedroom, 1 bath and has newer windows, inside laundry and a one car garage with garage door opener. There is a large front deck and enclosed yard for outside entertaining. Both homes have basements for additional storage space.

Last Agent to Sell the Property

Donna Laffey

Golden West Realty License #01151069 Listed on: 04/30/2021

Co-Listed By

Franz Dittrich

Golden West Realty License #00856244

Last Buyer's Agent

Paula Parenzano

Compass License #02073678

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,780

Year Built

  • Built in 1941

Lot Details

  • 5,003 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Parking Available
  • Single Garage Door
  • Driveway
  • Gated Parking

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,475 Sq Ft Home
  • Double Pane Windows
  • Window Screens
  • Living Room
  • Gas Range
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 41
  • Tax Tract Number 2975
  • Assessor Parcel Number 7463016002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $240
  • Insurance Expense $1,132
  • Trash Expense $400
  • Water Sewer Expense $1,190
  • New Taxes Expense $9,500
  • Operating Expense $12,462
  • Net Operating Income $26,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,780

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1190.00
  • Zoning: LARD2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 7463016002
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 514.58
  • Room Type: Basement, Kitchen, Living Room
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Brick, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage - Single Door, Gated
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 38856.00
  • Insurance Expense: 1132.00
  • Lot Size Area: 5003.0000 Square Feet
  • Net Operating Income: 26394.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Operating Expense: 12462.00
  • Rent Control: Yes
  • Total Actual Rent: 3238.00
  • Total Expenses: 12462.00

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Block: 41
  • Tax Lot: 2
  • Tax Tract Number: 2975

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2018
Sold by
Tucci Agnes Di
Bought by
Agnes Di Tucci Living Trust
Current Estimated Value
$994,329

Purchase Details

Closed on
Dec 11, 2009
Sold by
Villasenor Armando X and Villasenor Virginia
Bought by
Ditucci Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$174,306
Interest Rate
4.78%
Mortgage Type
New Conventional
Estimated Equity
$762,748

Purchase Details

Closed on
Mar 25, 2008
Sold by
Balcazar Juanita and Balcazar Michael
Bought by
Villasenor Armando X and Villasenor Virginia

Purchase Details

Closed on
Jul 21, 2005
Sold by
Angelac Pierre
Bought by
Balcazar Michael and Balcazar Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 1998
Sold by
Khosravi Khalil and Razaghi Farhnaz
Bought by
Angelac Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,236
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khosravi Khalil and Razaghi Farhnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
8.8%

Purchase Details

Closed on
Nov 10, 1993
Sold by
Professional Foreclosure Corp
Bought by
Federal Home Loan Mortgage Corporation
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
Agnes Di Tucci Living Trust -- None Available
Ditucci Agnes $360,000 Fidelity National Title Co
Villasenor Armando X -- None Available
Balcazar Michael $675,000 First American Title Company
Angelac Pierre $224,545 First American Title Co
Khosravi Khalil $139,000 First American Title Company
Federal Home Loan Mortgage Corporation $116,800 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ditucci Agnes $270,000
Previous Owner Balcazar Michael $540,000
Previous Owner Angelac Pierre $215,236
Previous Owner Khosravi Khalil $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $759,000 0.0% $515 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $759,000 -- $515 / 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 $9,780 $805,456 $562,440 $243,016
2024 $9,664 $789,663 $551,412 $238,251
2023 $9,560 $774,180 $540,600 $233,580
2022 $5,372 $437,879 $304,086 $133,793
2021 $5,303 $429,294 $298,124 $131,170
2020 $5,354 $424,894 $295,068 $129,826
2019 $5,146 $416,564 $289,283 $127,281
2018 $5,054 $408,397 $283,611 $124,786
2016 $4,822 $392,541 $272,599 $119,942
2015 $4,752 $386,646 $268,505 $118,141
2014 $4,778 $379,073 $263,246 $115,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21089828

California Regional Multiple Listing Service (CRMLS)

APN: 7463-016-002