NOT LISTED FOR SALE

121 S Mesa St San Pedro, CA 90731

Estimated Value: $805,790 - $942,000

6 Beds
2 Baths
1,848 Sq Ft
$466/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $550,000 $298 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,187/month

15 Days on Market

About This Home

As of January 2018

YES 2 units will be delivered vacant at close of escrow.
Amazing opportunity to own 2 independent units in the heart of South Bay!
Each unit has 3 bedrooms and 1 bath.
This home features tile floors, granite counter tops, and a spacious laundry area.
It's close to the Port of Call and conveniently located near shopping and City Hall.
The house has a separate ally entrance for cars. The ally is wide, clean, and safe.

Last Agent to Sell the Property

Yazmin Del Castillo

Estate Properties License #01784329 Listed on: 10/26/2017

Last Buyer's Agent

Yazmin Del Castillo

Estate Properties License #01784329 Listed on: 10/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,646

Year Built

  • Built in 1919

Lot Details

  • 4,501 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,848 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 296220
  • Assessor Parcel Number 7449024013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $140
  • Fuel Expense $40
  • Insurance Expense $135
  • Trash Expense $40
  • Water Sewer Expense $200
  • Operating Expense $555
  • Gross Income $29,000
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,646

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 200.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7449024013
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 297.62

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4501.00

Multi Family

  • Electric Expense: 140.00
  • Fuel Expense: 40.00
  • Gross Income: 29000.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 135.00
  • Net Operating Income: 1500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 500.00
  • Rent Control: Yes
  • Total Expenses: 555.00

Tax Info

  • Tax Census Tract: 2962.20
  • Tax Lot: 13
  • Tax Tract Number: 296220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Navarro Menjivar Carlos A and Navarro Eduardo Diaz
Bought by
Menjivar Carlos A Navarro and Guardado Maria Menjivar
Current Estimated Value
$860,698

Purchase Details

Listed on
Oct 26, 2017
Closed on
Jan 4, 2018
Sold by
Navarro Denise Aurora
Bought by
Menjivar Carlos A Navarro
Seller's Agent
Yazmin Del Castillo
Estate Properties
Buyer's Agent
Yazmin Del Castillo
Estate Properties
List Price
$528,000
Sold Price
$550,000
Premium/Discount to List
$22,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$540,038
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 20, 2017
Sold by
Roman Eduardo
Bought by
Menjivar Carlos A Navarro and Diaz Eduardo
Seller's Agent
Yazmin Del Castillo
Estate Properties
Buyer's Agent
Yazmin Del Castillo
Estate Properties
List Price
$528,000
Sold Price
$550,000
Premium/Discount to List
$22,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2014
Sold by
Roman Eduardo
Bought by
Roman Eduardo and Riggio Anna Maria

Purchase Details

Closed on
Jan 23, 2012
Sold by
Adamita Domenico
Bought by
Roman Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,736
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2012
Sold by
Riggio Anna
Bought by
Roman Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,736
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2011
Sold by
Wells William J
Bought by
Grimes Jimmie Dean and Grimes Dorothy Dottie Jean

Purchase Details

Closed on
Apr 7, 2011
Sold by
Taylor Sonie D
Bought by
Adamita Domenico and Adamita Mabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2008
Sold by
Taylor Sonie D
Bought by
Taylor Sonie D and Sonie D Taylor Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Menjivar Carlos A Navarro -- Lawyers Title
Menjivar Carlos A Navarro -- Provident Title
Menjivar Carlos A Navarro $550,000 Provident Title
Roman Eduardo -- None Available
Roman Eduardo $325,000 Provident Title Company
Roman Eduardo -- Provident Title Company
Grimes Jimmie Dean -- None Available
Adamita Domenico -- Equity Title Company
Taylor Sonie D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menjivar Carlos A Navarro $540,038
Previous Owner Roman Eduardo $316,736
Previous Owner Roman Eduardo $316,736
Previous Owner Adamita Domenico $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $550,000 +4.2% $298 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $528,000 -- $286 / 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 $7,646 $837,179 $581,618 $255,561
2024 $7,646 $613,531 $390,430 $223,101
2023 $7,499 $601,502 $382,775 $218,727
2022 $7,152 $589,709 $375,270 $214,439
2021 $7,059 $578,147 $367,912 $210,235
2019 $6,849 $561,000 $357,000 $204,000
2018 $4,309 $358,765 $220,780 $137,985
2016 $4,097 $344,835 $212,207 $132,628
2015 $4,036 $339,656 $209,020 $130,636
2014 $4,212 $333,004 $204,926 $128,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17249959

California Regional Multiple Listing Service (CRMLS)

APN: 7449-024-013