NOT LISTED FOR SALE

126 N Mesa St San Pedro, CA 90731

Estimated Value: $826,000 - $946,000

4 Beds
2 Baths
2,296 Sq Ft
$393/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $440,000 $192 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,261/month

18 Days on Market

About This Home

As of August 2016

STANDARD SALE!! Great location... Under market price" two homes in a huge lot"! Total living area is 2,296 SF. lot size 6,250. Each unit comes with 2 bedrooms 1 bath, spacious kitchen with breakfast area, and inside laundry room, also a formal dinning room, and a large living room with a beautiful fire place. Each Unit has its own private yard. Both units have newer dual pane windows and doors. Both properties have been re-stuccoed. Back unit has an attached carport and 4 parking spaces. These units are in good condition and well maintained, each unit has it's own meters including water. Tenants pay for their own water and trash. ONE OF THE UNITS IS READY TO MOVE IN. Great investment opportunity for first time buyers or investors. Centrally located, conveniently nearby 110, 710, 91, and 405 freeway. Also only a few minutes away from Downtown LA, USC, Nokia Center, Staples Center and other city attractions. Short distance to Long Beach city via Vincent Thomas Bridge. Great Investment Opportunity!!

Last Agent to Sell the Property

Maria Olmos

Y Realty License #00956497 Listed on: 06/30/2016

Last Buyer's Agent

Patrick Williams

eXp Realty of California Inc License #01834709

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,388

Year Built

  • Built in 1939

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,296 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 46
  • Assessor Parcel Number 7449023001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • New Taxes Expense $5,748
  • Operating Expense $7,248
  • Gross Income $1,300
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,388

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7449023001
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 191.64

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6250.00
  • Price Per Lot Square Foot: 70.40

Multi Family

  • Gross Income: 1300.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 7248.00

Tax Info

  • New Taxes Expense: 5748.00
  • Tax Block: 46
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Jul 22, 2016
Sold by
Femandez Isaac and Uranda Jose
Bought by
Perez Richard and Perez Elizabeth
Seller's Agent
Maria Olmos
Y Realty
Buyer's Agent
Patrick Williams
eXp Realty of California Inc
List Price
$459,900
Sold Price
$440,000
Premium/Discount to List
-$19,900
-4.33%
Current Estimated Value
$903,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,440
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Feb 22, 2010
Sold by
Bank Of America Na
Bought by
Fernandez Issac and Uranda Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2009
Sold by
Loma Eleno A
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jul 29, 2005
Sold by
Garcia Humberto and Loma Eleno A
Bought by
Loma Eleno A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2003
Sold by
Loma Ana Maria
Bought by
Loma Eleno A

Purchase Details

Closed on
Jan 14, 2003
Sold by
Saputo Giuseppe and Saputo Josephine
Bought by
Garcia Humberto and Loma Eleno A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,480
Interest Rate
7.75%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Catipon Hermino V and Catipon Josepina B
Bought by
Saputo Giuseppe and Saputo Josephine

Purchase Details

Closed on
Aug 9, 2001
Sold by
Catipon Herminio V and Catipon Josefina B
Bought by
Catipon Herminio V and Catipon Josefina B
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
Perez Richard $440,000 Ticor Title Orange County
Fernandez Issac $325,000 Chicago Title Company
Bank Of America Na -- Chicago Title Company
Onewest Bank Fsb $293,247 None Available
Loma Eleno A -- --
Loma Eleno A -- --
Garcia Humberto $241,000 First American Title Co
Saputo Giuseppe $185,000 Fidelity Title
Catipon Herminio V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Issac $319,113
Previous Owner Loma Eleno A $386,000
Previous Owner Garcia Humberto $192,480
Closed Garcia Humberto $48,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $440,000 -4.3% $192 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $459,900 +4.5% $200 / Sq Ft
06/30/2016 06/30/16 Off Market $440,000 -- --
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 $6,388 $510,651 $278,537 $232,114
2024 $6,388 $500,639 $273,076 $227,563
2023 $6,269 $490,823 $267,722 $223,101
2022 $5,984 $481,200 $262,473 $218,727
2021 $5,902 $471,766 $257,327 $214,439
2020 $5,958 $467,430 $254,689 $212,741
2019 $5,730 $458,276 $249,696 $208,580
2018 $5,601 $449,300 $244,800 $204,500
2016 $4,418 $354,377 $218,079 $136,298
2015 $4,356 $349,055 $214,804 $134,251
2014 $4,360 $342,219 $210,597 $131,622
Source: Public Records

Agents Affiliated with this Home

  • Maria Olmos

    Seller's Agent in 2016

    Maria Olmos

    Y Realty

    (562) 824-6227

    49 Total Sales

    Maria Olmos
    Section Image

  • P

    Buyer's Agent in 2016

    Patrick Williams

    eXp Realty of California Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16141621

California Regional Multiple Listing Service (CRMLS)

APN: 7449-023-001

California Los Angeles County San Pedro 90731

126 N Mesa St, San Pedro, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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