Seller's Agent in 2024
Tamas Batyi
Compass
(323) 236-6450
13 in this area
110 Total Sales
1206 N Park Western Dr San Pedro, CA 90732
Estimated Value: $1,250,000 - $1,298,792
9
Beds
5
Baths
4,132
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- Marina View
- Property is near a park
- Cooling System Mounted To A Wall/Window
- Rudecinda Sepulveda Dodson Middle Rated A-
- No HOA
- Tile Countertops
About This Home
As of July 2024Introducing a lucrative income property featuring four very spacious units, all currently occupied. This well-maintained property comprises one 3 bedroom, 2 bath unit, and three 2 bedroom, 1 bath units, each upgraded with modern amenities including copper plumbing, tiled floors, washer and dryer hookups, marble countertops, and ceramic tile. The exterior of the building has been recently painted and the roof is less than 7 years old. Each unit offers the convenience of multiple carport parking spaces, ensuring ease for residents. This great property is currently operating at a 5.5% CAP Rate. Nestled in a prime location near restaurants, parks, stores, and the marina, this property offers a desirable living experience with great views of the harbor enjoyed from the rear apartments.
Last Agent to Sell the Property
Compass Brokerage Phone: 323-236-6450 License #02053534 Listed on: 04/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,881
Year Built
- Built in 1964
Lot Details
- 8,103 Sq Ft Lot
- Two or More Common Walls
- Masonry wall
- Block Wall Fence
- Fence is in excellent condition
- Level Lot
Property Views
- Marina
- Views of Vincent Thomas Bridge
Home Design
- Quadruplex
- Shingle Roof
- Copper Plumbing
Interior Spaces
- 4,132 Sq Ft Home
- 2-Story Property
- Living Room
Kitchen
- Built-In Range
- Dishwasher
- Tile Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- 8 Attached Carport Spaces
- Parking Available
- Driveway
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Water Heater
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tax Lot 140
- Tax Tract Number 21318
- Assessor Parcel Number 7445013053
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Water Sewer Expense $4,000
- New Taxes Expense $14,000
- Operating Expense $19,200
- Gross Income $90,168
- Net Operating Income $70,968
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jul 10, 2024
Sold by
Ghanim Mohamad and Ghanim Samar
Bought by
Mayanja Henry Kayigwa
Seller's Agent
Tamas Batyi
Compass
Buyer's Agent
Sonia Cabrera
The Agency
List Price
$1,270,000
Sold Price
$1,270,000
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,698
Avg. Annual Appreciation
0.19%
Original Mortgage
$1,016,000
Outstanding Balance
$1,005,659
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$267,039
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jun 25, 2024
Sold by
Ghanim Mohamad and Ghanim Samar
Bought by
Kayigwa Mayanja Henry
Seller's Agent
Tamas Batyi
Compass
Buyer's Agent
Sonia Cabrera
The Agency
List Price
$1,270,000
Sold Price
$1,270,000
Views
71
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,016,000
Outstanding Balance
$1,005,659
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$267,039
Purchase Details
Closed on
Nov 6, 1997
Sold by
Munoz Otto Raul and Munoz Blanca Rubia
Bought by
Ghanim Mohamad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.16%
Purchase Details
Closed on
May 3, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Munoz Otto Raul and Munoz Blanca Rubia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
8.32%
Purchase Details
Closed on
Mar 21, 1996
Sold by
Hatzidakis George and Hatzidakis Jenny
Bought by
Home Svgs Of America Fsb
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,300
Interest Rate
8.32%
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 |
|---|---|---|---|
| Mayanja Henry Kayigwa | $1,270,000 | First American Title | |
| Mayanja Henry Kayigwa | -- | First American Title | |
| Kayigwa Mayanja Henry | $1,270,000 | First American Title | |
| Kayigwa Mayanja Henry | $1,270,000 | First American Title | |
| Ghanim Mohamad | $225,000 | Lawyers Title Company | |
| Munoz Otto Raul | $197,000 | Investors Title Company | |
| Home Svgs Of America Fsb | $216,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mayanja Henry Kayigwa | $1,016,000 | |
| Closed | Kayigwa Mayanja Henry | $1,016,000 | |
| Previous Owner | Ghanim Mohamad | $225,000 | |
| Previous Owner | Ghanim Mohamad | $157,500 | |
| Previous Owner | Munoz Otto Raul | $177,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2024 07/17/24 | Sold | $1,270,000 | 0.0% | $307 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $1,270,000 | -- | $307 / 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 | $4,881 | $1,270,000 | $780,000 | $490,000 |
| 2024 | $4,881 | $352,204 | $140,880 | $211,324 |
| 2023 | $4,797 | $345,299 | $138,118 | $207,181 |
| 2022 | $4,592 | $338,529 | $135,410 | $203,119 |
| 2021 | $4,516 | $331,892 | $132,755 | $199,137 |
| 2019 | $4,392 | $322,050 | $128,818 | $193,232 |
| 2018 | $4,271 | $315,737 | $126,293 | $189,444 |
| 2016 | $4,046 | $303,479 | $121,390 | $182,089 |
| 2015 | $3,992 | $298,921 | $119,567 | $179,354 |
| 2014 | $4,032 | $293,066 | $117,225 | $175,841 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
Sonia Cabrera
The Agency
(818) 602-6882
3 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24079961
APN: 7445-013-053
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