NOT LISTED FOR SALE

1217 S Centre St San Pedro, CA 90731

Estimated Value: $879,000 - $974,721

5 Beds
2 Baths
2,642 Sq Ft
$348/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $570,000 $216 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,471/month

15 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Fireplace
  • High Ceiling
  • No HOA
  • Built-In Features

About This Home

As of March 2018

Dont miss this fantastic duplex-just the investment opportunity you've been looking for! Light & Bright Duplex located in a great rental area of San Pedro that is near downtown redevelopment & historic areas. Classic Bungalow style duplex that has retained much of its orginial charm & character featuring high ceilings & over 2,600 sq ft of living space. 1217 (VACANT UNIT) is a large 3 bedroom/1 bathroom two story unit with a large bedroom downstairs & 2 additional bedrooms upstairs with a loft style family room. The downstairs features a large kitchen with a newer stove, lots of cabinets & granite counter tops. There is a separate laundry room w/hook-ups & storage.1219 is a large 2 bedroom/1 bath one level unit that has original built in cabinetry and a fireplace. The large kitchen has granite counters and original hardwood floors throughout. The bathroom has a newer vanity. Both units have newer Milgard windows and share a large screened porch & backyard with a large kids play set and sand box. There is ample parking for cars and an RV with a brand new motorized security gate. A well maintained property that has recently been painted inside and out, newer rain gutters, lanscaped with fruit trees & a sprinkler system.

Last Agent to Sell the Property

Humberto Lopez

Century 21 A Better Service License #01400409 Listed on: 11/29/2017

Century 21 A Better Service

Last Buyer's Agent

Carlos Diaz

Carlos Diaz License #00930599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,866

Year Built

  • Built in 1901

Lot Details

  • 4,499 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,642 Sq Ft Home
  • Built-In Features
  • Wainscoting
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 34
  • Assessor Parcel Number 7456009030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $4,600
  • Gross Income $36,804
  • Net Operating Income $32,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,866

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7456009030
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 215.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 4499.00

Multi Family

  • Gross Income: 36804.00
  • Gross Scheduled Income: 36804.00
  • Net Operating Income: 32204.00
  • 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: 4600.00
  • Rent Control: Yes
  • Total Expenses: 4600.00

Tax Info

  • Tax Lot: 28
  • Tax Tract: 34
  • Tax Tract Number: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Mar 7, 2018
Sold by
Navarro Gustavo A
Bought by
Mendoza Ricardo and Mendoza Alejandra Cuevas
Seller's Agent
Humberto Lopez
Century 21 A Better Service
Buyer's Agent
Carlos Diaz
Carlos Diaz
List Price
$570,000
Sold Price
$570,000
Current Estimated Value
$919,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,930
Avg. Annual Appreciation
6.47%
Original Mortgage
$559,675
Outstanding Balance
$476,606
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$443,324

Purchase Details

Listed on
Feb 2, 2015
Closed on
Feb 12, 2015
Sold by
Kinser Daniel Alan
Bought by
Navarro Custavo A
Seller's Agent
Brittny Burford
Estate Properties
Buyer's Agent
Humberto Lopez
Century 21 A Better Service
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$451,668
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 2, 2012
Closed on
Mar 8, 2012
Sold by
Krafchik Peter
Bought by
Kinser Daniel Alan and Kinser Amie Robin
Seller's Agent
Dan Kolodzieski
Clement Partners
Buyer's Agent
Brittny Burford
Estate Properties
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$346,000
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2011
Sold by
Sommer Arlene
Bought by
Krafchik Peter and Krafchik Terry Russell

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
Seller Take Back

Purchase Details

Closed on
Sep 21, 2011
Sold by
Kolodzlejski Dan C
Bought by
Sommer Arlene

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
Seller Take Back

Purchase Details

Closed on
Feb 3, 2010
Sold by
Cisneros Juan
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 21, 2001
Sold by
Ingersoll Paul T
Bought by
Cisneros Juan and Becerril Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,790
Interest Rate
7.05%
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
Mendoza Ricardo $570,000 Fidelity National Title Comp
Navarro Custavo A $460,000 Progressive Title Company
Kinser Daniel Alan $355,000 Fidelity National Title Co
Krafchik Peter -- None Available
Sommer Arlene -- Lawyers Title Company
Sommer Arlene $182,000 Lawyers Title Company
Wells Fargo Bank Na $294,400 Accommodation
Cisneros Juan $207,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Ricardo $559,675
Previous Owner Navarro Custavo A $451,668
Previous Owner Kinser Daniel Alan $346,000
Previous Owner Krafchik Peter $50,000
Previous Owner Cisneros Juan $200,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2018 03/12/18 Sold $570,000 0.0% $216 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $570,000 +23.9% $216 / Sq Ft
03/13/2015 03/13/15 Sold $460,000 +2.2% $175 / Sq Ft View Prior Sale
02/10/2015 02/10/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $449,900 +26.7% $171 / Sq Ft
04/04/2012 04/04/12 Sold $355,000 +1.7% $135 / Sq Ft View Prior Sale
03/04/2012 03/04/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $349,000 -- $133 / 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 $7,866 $648,557 $420,994 $227,563
2024 $7,866 $635,841 $412,740 $223,101
2023 $7,714 $623,375 $404,648 $218,727
2022 $7,356 $611,153 $396,714 $214,439
2021 $7,254 $599,171 $388,936 $210,235
2019 $7,036 $581,400 $377,400 $204,000
2018 $6,042 $485,881 $211,253 $274,628
2016 $5,753 $467,015 $203,050 $263,965
2015 $4,526 $371,010 $209,020 $161,990
2014 $4,534 $363,743 $204,926 $158,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17265836

California Regional Multiple Listing Service (CRMLS)

APN: 7456-009-030