NOT LISTED FOR SALE

1270 W 8th St San Pedro, CA 90731

Estimated Value: $858,000 - $1,063,841

2 Beds
2 Baths
1,720 Sq Ft
$559/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $578,250 $336 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,744/month

237 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace
  • Carpet
  • Spanish Architecture
  • Cooling Available
  • Heating Available

About This Home

As of April 2017

CHARMING SPANISH STYLE DUPLEX IN THE BEST RENTAL AREA OF SAN PEDRO. JUST ONE BLOCK TO WEYMOUTH CORNERS NEIGHBORHOOD PLAZA AND A FEW SHORT BLOCKS TO AVERILL PARK. LARGE LOT AND REAR YARD ON A SIDE ALLEY WITH POTENTIAL FOR ADDING TWO MORE ADDITIONAL UNITS.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 07/02/2016

Last Buyer's Agent

Jonnathon Cardwell

Cart Group., Inc. License #01964805

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,233

Year Built

  • Built in 1925

Lot Details

  • 6,714 Sq Ft Lot
  • 1 Common Wall
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Property Attached

Interior Spaces

  • 1,720 Sq Ft Home
  • Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 7459021008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,000
  • Operating Expense $8,200
  • Gross Income $2,150
  • Net Operating Income $17,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,233

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7459021008
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Price Per Square Foot: 336.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 6714.00
  • Price Per Lot Square Foot: 87.73

Multi Family

  • Gross Income: 2150.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 17600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8200.00
  • Rent Control: Yes
  • Total Actual Rent: 2100.00
  • Total Expenses: 8200.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 9999
  • Tax Tract Number: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2016
Closed on
Mar 31, 2017
Sold by
Saputo Elizabeth M and Saputo Josephine
Bought by
Harris James
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Jonnathon Cardwell
Cart Group., Inc.
List Price
$595,000
Sold Price
$578,250
Premium/Discount to List
-$16,750
-2.82%
Current Estimated Value
$961,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,210
Avg. Annual Appreciation
6.12%
Original Mortgage
$564,585
Outstanding Balance
$469,175
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$492,285

Purchase Details

Listed on
Oct 6, 2015
Closed on
Nov 4, 2015
Sold by
Saputo Giuseppe
Bought by
Saputo Josephine
Seller's Agent
Irene McCarthy
Keller Williams Realty
Buyer's Agent
Irene McCarthy
Keller Williams Realty
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.41%
Original Mortgage
$356,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2015
Closed on
Oct 16, 2015
Sold by
Jackson Joyce and Nick Danielovich Living Revoca
Bought by
Saputo Elizabeth M and Saputo Josephine
Seller's Agent
Irene McCarthy
Keller Williams Realty
Buyer's Agent
Irene McCarthy
Keller Williams Realty
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1997
Sold by
Danielovich Nick
Bought by
Danielovich Nick and The Nick Danielovich Living Re
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
Harris James $578,500 Fidelity National Title
Saputo Josephine -- Ticor Title Company
Saputo Elizabeth M $445,000 Ticor Title Company
Danielovich Nick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris James $564,585
Previous Owner Saputo Elizabeth M $356,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2017 04/07/17 Sold $578,250 -2.8% $336 / Sq Ft
02/28/2017 02/28/17 For Sale $595,000 +2.9% $346 / Sq Ft
02/22/2017 02/22/17 Off Market $578,250 -- --
01/12/2017 01/12/17 Price Changed $595,000 +1.0% $346 / Sq Ft
07/02/2016 07/02/16 For Sale $589,000 +32.4% $342 / Sq Ft
12/01/2015 12/01/15 Sold $445,000 0.0% $259 / Sq Ft View Prior Sale
10/09/2015 10/09/15 Pending -- -- --
10/06/2015 10/06/15 For Sale $445,000 -- $259 / 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 $8,233 $671,102 $438,988 $232,114
2024 $8,233 $657,944 $430,381 $227,563
2023 $8,077 $645,044 $421,943 $223,101
2022 $7,704 $632,397 $413,670 $218,727
2021 $7,607 $619,998 $405,559 $214,439
2019 $7,382 $601,611 $393,531 $208,080
2018 $7,306 $589,815 $385,815 $204,000
2017 $5,663 $453,900 $183,600 $270,300
2016 $5,525 $445,000 $180,000 $265,000
2015 $3,368 $270,935 $186,546 $84,389
2014 $3,390 $265,628 $182,892 $82,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16143721

California Regional Multiple Listing Service (CRMLS)

APN: 7459-021-008