NOT LISTED FOR SALE

1174 W 9th St San Pedro, CA 90731

Estimated Value: $922,000 - $1,339,579

4 Beds
2 Baths
2,580 Sq Ft
$445/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $675,000 $262 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,851/month

73 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Bamboo Flooring
  • Updated Kitchen
  • Wooded Lot
  • Mediterranean Architecture

About This Home

As of July 2015

This stunning Mediterranean duplex is located in the heart of Vista Del Oro, just a short walk to Averill Park. If there ever was a property that is suitable for an investor, builder or owner occupant…this is it! The top floor unit offers stunning ocean view and would make the perfect home the new owners, while keeping the tenant downstairs to help with the mortgage.
Both units are 1290 sq.ft and the last 2 years the building went through major interior and exterior renovation, including, electrical, plumbing,foundation, new roof, windows just to mention a few. Move right in and enjoy or rent the top floor as well and conceder adding one-two units for a real profitable investment. Endless possibilities and a must see to really appreciate. This is not an average duplex. With everything it has to offer, from zoning, huge lot, orchard, two car garage to all the upgrades, this property is the one you been looking for!

See supplement for details

Last Agent to Sell the Property

Margit Schatzlein

Margit Schatzlein, Broker License #01295661 Listed on: 03/17/2015

Last Buyer's Agent

Peter Califano

Califano Realty License #00702659

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,707

Year Built

  • Built in 1932 | Remodeled

Lot Details

  • 7,651 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Harbor

Home Design

  • Mediterranean Architecture
  • Property Attached
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Blinds
  • Living Room with Fireplace
  • Bonus Room
  • Storage
  • Basement

Kitchen

  • Updated Kitchen
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2100
  • Assessor Parcel Number 7458004025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $120
  • Insurance Expense $1,200
  • Water Sewer Expense $1,680
  • New Taxes Expense $8,493
  • Gross Income $1,417
  • Net Operating Income $31,911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,707

Year Built

Built in 1932 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 310 990-9660
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1680.00
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 120.00
  • Parcel Number: 7458004025
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo, Stone, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 261.63
  • Room Type: Basement, Bonus Room, Living Room
  • Window Features: Blinds
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • View: Harbor, Ocean
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Range, Disposal, Microwave
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Treed Lot, Yard
  • Lot Size Sq Ft: 7651.00
  • Price Per Lot Square Foot: 88.22
  • Lot Size Acres: 0.1760

Multi Family

  • Gross Income: 1417.00
  • Gross Scheduled Income: 43404.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7651.0000 Square Feet
  • Net Operating Income: 31911.00
  • 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
  • Operating Expense: 11493.00
  • Rent Control: Yes
  • Total Actual Rent: 1455.00

Tax Info

  • New Taxes Expense: 8493.00
  • Tax Lot: 1
  • Tax Tract Number: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Jun 8, 2015
Sold by
Fekete Barna and Csovari Aniko
Bought by
Lamborn Jonathan J and Lamborn Sanam
Seller's Agent
Margit Schatzlein
Margit Schatzlein, Broker
Buyer's Agent
Peter Califano
Califano Realty
List Price
$755,000
Sold Price
$675,000
Premium/Discount to List
-$80,000
-10.6%
Current Estimated Value
$1,148,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,645
Avg. Annual Appreciation
5.29%
Original Mortgage
$618,131
Outstanding Balance
$478,759
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$669,886

Purchase Details

Closed on
Jan 27, 2015
Sold by
Feketa Barna and Csovari Aniko
Bought by
Fekete Barna and Csovari Aniko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2014
Sold by
Fekete Berna Bernard
Bought by
Fekete Barna Bernard and Csovari Aniko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,100
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2012
Sold by
Lear Celeste
Bought by
Fekete Barna Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.27%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2012
Sold by
Garcia Richard and 9Th Street Trust
Bought by
Lear Celest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2012
Sold by
Lopez Alexandra
Bought by
Garcia Richard and 9Th Street Trust

Purchase Details

Closed on
May 24, 2007
Sold by
Lear Celeste
Bought by
Lopez Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
7.72%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 8, 2007
Sold by
Shahi Aziza
Bought by
Lear Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
7.72%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 25, 2007
Sold by
Maxxum Properties Llc
Bought by
Shahi Aziza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
7.72%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 20, 2007
Sold by
Shahi Aziza
Bought by
Maxxum Properties Llc

Purchase Details

Closed on
Jul 18, 2006
Sold by
Ciketic Nikolas M
Bought by
Shahi Aziza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 4, 2001
Sold by
Bozin Milivoj and Bozin Barbara
Bought by
Bozin Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,652
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2001
Sold by
Bozin Joe
Bought by
Ciketic Nikolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,652
Interest Rate
6.98%
Mortgage Type
FHA
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
Lamborn Jonathan J $675,000 Fatcola
Fekete Barna -- First American Title Company
Fekete Barna Bernard -- Title 365
Fekete Barna Bernard $345,000 Title 365
Lear Celest -- Title 365
Garcia Richard -- None Available
Lopez Alexandra -- None Available
Lear Celeste $729,000 Fidelity National Title
Shahi Aziza -- Fidelity National Title
Maxxum Properties Llc -- None Available
Shahi Aziza $579,000 Fidelity National Title Co
Bozin Joe -- --
Ciketic Nikolas $266,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamborn Jonathan J $618,131
Previous Owner Fekete Barna $38,000
Previous Owner Fekete Barna Bernard $387,100
Previous Owner Fekete Barna Bernard $338,751
Previous Owner Lear Celeste $583,000
Previous Owner Shahi Aziza $72,900
Previous Owner Shahi Aziza $463,200
Previous Owner Ciketic Nikolas $260,652
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2015 07/08/15 Sold $675,000 -10.6% $262 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $755,000 -- $293 / 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 $9,707 $799,058 $473,516 $325,542
2024 $9,707 $783,391 $464,232 $319,159
2023 $9,521 $768,031 $455,130 $312,901
2022 $9,080 $752,972 $446,206 $306,766
2021 $8,960 $738,208 $437,457 $300,751
2019 $8,692 $716,315 $424,483 $291,832
2018 $8,619 $702,270 $416,160 $286,110
2017 $8,430 $688,500 $408,000 $280,500
2016 $8,222 $675,000 $400,000 $275,000
2015 $4,474 $353,488 $225,413 $128,075
2014 $4,501 $346,565 $220,998 $125,567
Source: Public Records

Agents Affiliated with this Home

  • Margit Schatzlein

    Seller's Agent in 2015

    Margit Schatzlein

    Margit Schatzlein, Broker

    (111) 111-1111

    8 in this area

    39 Total Sales

    Margit Schatzlein
    Section Image
  • Peter Califano

    Buyer's Agent in 2015

    Peter Califano

    Califano Realty

    (310) 521-1000

    16 in this area

    30 Total Sales

    Peter Califano
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15055771

California Regional Multiple Listing Service (CRMLS)

APN: 7458-004-025

California Los Angeles County San Pedro 90731

1174 W 9th St, San Pedro, CA

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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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