NOT LISTED FOR SALE

1108 W 23rd St Unit 2 San Pedro, CA 90731

Estimated Value: $867,000 - $916,196

3 Beds
2 Baths
1,432 Sq Ft
$627/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $400,000 $279 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,515/month

40 Days on Market

About This Home

As of August 2014

As is Part of A Trust

Last Agent to Sell the Property

Junius Johnson

La City Properties License #00407357 Listed on: 05/03/2014

Last Buyer's Agent

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,888

Year Built

  • Built in 1942

Lot Details

  • 5,403 Sq Ft Lot
  • Lot Dimensions are 40x135
  • Fenced Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7460-030-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,888

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Builders Tract Code: 2244.10
  • Building Permit: Yes
  • Complex Name: N/A
  • Living Area: 1432
  • Lot Dimensions: 40x135
  • Stories: 1
  • Year Built: 1942
  • Builders Tract Name: Coldens Breakwater Heights
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 296.79

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Natural Gas

Condo/Co-op/Association

  • Management Company: None
  • Phone: N/A

Fee Information

  • Insurance Expense: 1200.00

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 24.90
  • Assessed Improvement Value: 48343
  • Assessed Land Percent: 75.3
  • Assessed Land Value: 145236
  • Total Assessed Value: 193579
  • Assessor Parcel Number: 7460-030-017
  • Geocode Override: No
  • Lot Description: Fenced Yard
  • Lot Size Area: 5403

Rental Info

  • Garage Rental Rate: 0
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Tow on A Lot
  • Vacancy Rate: 50

Tax Info

  • Tax Expense: 2530.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2015
Sold by
Kankanamalage Roshini S K
Bought by
Drake Matthew C and Trudell Lozano Jacob D
Current Estimated Value
$898,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$333,637
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$560,378

Purchase Details

Listed on
May 3, 2014
Closed on
Sep 9, 2014
Sold by
Solangaarachchige Don N M
Bought by
Kankanamalage Roshini S K
Seller's Agent
Junius Johnson
La City Properties
Buyer's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$50,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 3, 2014
Closed on
Sep 3, 2014
Sold by
Jordin Teri Lynn and Vivian J Jordin Trust
Bought by
Kankanamalage Roshini S K
Seller's Agent
Junius Johnson
La City Properties
Buyer's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
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
Drake Matthew C $540,000 Fidelity National Title Co
Kankanamalage Roshini S K -- None Available
Kankanamalage Roshini S K $400,000 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Matthew C $432,000
Previous Owner Kankanamalage Roshini S K $50,000
Previous Owner Kankanamalage Roshini S K $50,000
Previous Owner Jordin Teri Lynn $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $400,000 -5.9% $279 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/03/2014 05/03/14 For Sale $425,000 -- $297 / 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 $7,888 $648,989 $390,598 $258,391
2024 $7,888 $636,265 $382,940 $253,325
2023 $7,736 $623,790 $375,432 $248,358
2022 $7,377 $611,560 $368,071 $243,489
2021 $7,284 $599,569 $360,854 $238,715
2020 $7,357 $593,422 $357,154 $236,268
2019 $7,067 $581,787 $350,151 $231,636
2018 $6,992 $570,381 $343,286 $227,095
2017 $6,838 $559,198 $336,555 $222,643
2016 $6,679 $548,234 $329,956 $218,278
2015 $4,913 $400,000 $280,000 $120,000
2014 -- $381,469 $151,542 $229,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-757965

The MLS

APN: 7460-030-017