NOT LISTED FOR SALE

1200 N Park Western Dr San Pedro, CA 90732

Estimated Value: $1,200,000 - $1,620,000

9 Beds
5 Baths
4,107 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $849,000 $207 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,252/month

40 Days on Market

Highlights

  • Laundry Room
  • Park Western Place Elementary School Rated 10
  • Wall Furnace

About This Home

As of March 2017

Well kept property with two separate buildings located on a corner. Parking in rear of building.

Last Agent to Sell the Property

Gaetano Califano

Califano Realty License #00765847 Listed on: 12/21/2016

Last Buyer's Agent

Gabriela Bermudez

Las Lomas Realty, Inc. License #01305717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,163

Year Built

  • Built in 1964

Lot Details

  • 6,768 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre
  • Land Lease

Home Design

  • 4,107 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Uncovered Parking

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 138
  • Tax Tract Number 21318
  • Assessor Parcel Number 7445013051

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $1,250
  • Water Sewer Expense $2,600
  • New Taxes Expense $10,100
  • Operating Expense $14,430
  • Gross Income $55,208
  • Net Operating Income $40,778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,163

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2600.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7445013051
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 206.72

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6768.00
  • Lot Size Acres: 0.1554

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Income: 55208.00
  • Gross Scheduled Income: 55208.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 6768.0000 Square Feet
  • Net Operating Income: 40778.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14430.00
  • Rent Control: Yes
  • Total Expenses: 14430.00

Tax Info

  • New Taxes Expense: 10100.00
  • Tax Lot: 138
  • Tax Tract Number: 21318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
Feb 15, 2017
Sold by
Pineda Angeles
Bought by
Torres Roberto
Seller's Agent
Gaetano Califano
Califano Realty
Buyer's Agent
Gabriela Bermudez
Las Lomas Realty, Inc.
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$1,358,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,559
Avg. Annual Appreciation
5.37%
Original Mortgage
$636,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 21, 2016
Closed on
Feb 1, 2017
Sold by
Molina Robert M and Molina Robert Mark
Bought by
Torres Roberto
Seller's Agent
Gaetano Califano
Califano Realty
Buyer's Agent
Gabriela Bermudez
Las Lomas Realty, Inc.
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Molina Barbara
Bought by
Molina Robert Mark

Purchase Details

Closed on
Jul 7, 2003
Sold by
Odak Dragi and Odak Dragica
Bought by
Molina Robert Mark and Molina Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
6.3%
Mortgage Type
Stand Alone First
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
Torres Roberto -- Provident Title Company
Torres Roberto $849,000 Provident Title Company
Molina Robert Mark -- None Available
Molina Robert Mark $555,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Roberto $608,000
Closed Torres Roberto $636,750
Previous Owner Molina Robert Mark $416,250
Previous Owner Odak Dragi $197,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $849,000 0.0% $207 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $849,000 -- $207 / 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 $12,163 $985,331 $521,099 $464,232
2024 $12,163 $966,012 $510,882 $455,130
2023 $11,933 $947,071 $500,865 $446,206
2022 $11,387 $928,502 $491,045 $437,457
2021 $11,232 $910,297 $481,417 $428,880
2019 $10,901 $883,299 $467,139 $416,160
2018 $10,771 $865,980 $457,980 $408,000
2016 $8,293 $666,570 $420,362 $246,208
2015 $8,175 $656,558 $414,048 $242,510
2014 $8,223 $643,698 $405,938 $237,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16766381

California Regional Multiple Listing Service (CRMLS)

APN: 7445-013-051