NOT LISTED FOR SALE

1274 W 8th St San Pedro, CA 90731

Estimated Value: $903,000 - $1,032,000

2 Beds
2 Baths
2,000 Sq Ft
$481/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $639,000 $320 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,841/month

169 Days on Market

Highlights

  • Open Floorplan
  • Property is near a park
  • No HOA
  • Contemporary Architecture
  • Lawn
  • Up Slope from Street

About This Home

As of July 2017

GREAT DUPLEX IN FABULOUS UPPER VISTA DEL ORO. WALK ONE BLOCK TO SHOPPING AT CHARMING WEYMOUTH CORNERS, GROCERY STORE, POST OFFICE, DOCTORS, PHARMACY, BAKERY, NAIL SALON, HAIR SALON, CLOTHING STORES, GIFT SHOPS, DANCE STUDIO AND MUCH MORE. ONE BLOCK TO LITTLE COMPANY OF MARY HOSPITAL, ONE BLOCK TO CHURCH AND TO TEMPLE. TWO BLOCKS TO SEVENTH STREET SCHOOL. TWO UNITS, ONE UNIT HAS A NICE OFFICE. BOTH UNITS HAVE LARGE LIVING ROOMS & DINING AREAS AND GREAT REMODELED KITCHENS. BOTH KITCHENS HAVE LOTS OF CABINETS AND LOTS OF COUNTER SPACE, STOVES, DISHWASHERS, MICROWAVES AND ONE HAS A REFRIGERATOR. BOTH UNITS HAVE LAUNDRY ROOMS WITH WASHERS AND DRYERS WHICH TENANTS LOVE TO HAVE. THERE IS A NICE BACK YARD AREA. GREAT INCOME PROPERTY OR LIVE IN ONE AND HAVE INCOME FROM THE OTHER. A WONDERFUL PLACE TO LIVE. GREAT INVESTMENT IN AN EVER CHANGING SAN PEDRO. THIS YEAR WILL BEGIN A NEW HIP UPSCALE PORTS A CALL REDEVELOPMENT, $100MM, SAN PEDRO PUBLIC MARKET WHICH WILL OPEN IN 2020 AND WILL BE ON PAR WITH PIKE PLACE MARKET IN SEATTLE AND THE FERRY BUILDING IN SAN FRANCISCO. THE VERY POPULAR CABRILLO MARINA IS HERE IN SAN PEDRO IN ONE OF THE BUSIEST PORTS IN THE WORLD.

Last Agent to Sell the Property

Nancy Mavar

West Shores Realty, Inc. License #00511929 Listed on: 12/16/2016

West Shores Realty, Inc.

Last Buyer's Agent

Nadra Dahdah

Estate Properties License #00996145

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,351

Year Built

  • Built in 1924

Lot Details

  • 3,851 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard

Parking

  • Up Slope from Street

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Free-Standing Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 001
  • Tax Tract Number 21
  • Assessor Parcel Number 7459021001

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
  • Insurance Expense $2,200
  • Water Sewer Expense $4,800
  • New Taxes Expense $8,000
  • Operating Expense $15,000
  • Gross Income $42,000
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,351

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 4800.00
  • Zoning: LARD1.5
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7459021001
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 319.50
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Up Slope from Street
  • Lot Size Sq Ft: 3851.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 1000 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 42000.00
  • Gross Multiplier: 15.50
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 2200.00
  • Net Operating Income: 27000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 15000.00
  • Rent Control: Yes
  • Total Expenses: 15000.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 2970.00
  • Tax Lot: 001
  • Tax Tract Number: 021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2019
Sold by
Hauck Patricia E
Bought by
Hauck Patricia E and Patricia E Hauck Living Trust
Current Estimated Value
$962,260

Purchase Details

Closed on
May 6, 2018
Sold by
Hauck Patricia E and Patricia E Hauck Living Trust
Bought by
Zamora Jose Alfredo and Eleven Eleven Trust

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jul 10, 2017
Sold by
Baeza James and Baeza Melanie
Bought by
Hauck Patricia E and The Patricia E Hauck Living Tr
Seller's Agent
Nancy Mavar
West Shores Realty, Inc.
Buyer's Agent
Nadra Dahdah
Estate Properties
List Price
$689,000
Sold Price
$639,000
Premium/Discount to List
-$50,000
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$469,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2014
Closed on
Nov 6, 2014
Sold by
Giordano Christopher Michael and Giordano Jennifer Racquel
Bought by
Baeza James and Baeza Melanie
Seller's Agent
Nancy Mavar
West Shores Realty, Inc.
Buyer's Agent
Nancy Mavar
West Shores Realty, Inc.
Sold Price
$1,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$305,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2001
Sold by
Shamsian Nasser and Shamsian Afsaneh
Bought by
Giordano Christopher Michael and Giordano Jennifer Racquel

Purchase Details

Closed on
Dec 8, 1999
Sold by
Gonzales Robert and Gonzales Christina
Bought by
Shamsian Nasser and Shamsian Afsaneh
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
Hauck Patricia E -- None Available
Hauck Patricia E -- None Available
Zamora Jose Alfredo -- None Available
Hauck Patricia E $639,000 Fidelity National Title
Baeza James $615,000 Title 365
Giordano Christopher Michael $207,500 Fidelity National Title
Shamsian Nasser $165,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hauck Patricia E $469,000
Previous Owner Baeza James $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2017 07/13/17 Sold $639,000 -3.0% $320 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
04/06/2017 04/06/17 Price Changed $659,000 -1.5% $330 / Sq Ft
03/09/2017 03/09/17 Price Changed $669,000 -2.9% $335 / Sq Ft
12/16/2016 12/16/16 For Sale $689,000 0.0% $345 / Sq Ft
12/02/2014 12/02/14 Rented $1,600 0.0% --
12/02/2014 12/02/14 For Rent $1,600 0.0% --
11/21/2014 11/21/14 Sold $630,000 -3.1% $315 / Sq Ft View Prior Sale
09/07/2014 09/07/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $650,000 -- $325 / 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 $9,351 $768,524 $503,330 $265,194
2024 $9,351 $753,456 $493,461 $259,995
2023 $9,171 $738,684 $483,786 $254,898
2022 $8,746 $724,200 $474,300 $249,900
2021 $8,184 $671,701 $324,813 $346,888
2020 $8,265 $665,055 $321,483 $343,572
2019 $7,940 $652,020 $315,180 $336,840
2018 $7,869 $639,240 $309,000 $330,240
2017 $7,820 $636,865 $429,754 $207,111
2016 $7,635 $624,378 $421,328 $203,050
2015 $7,524 $615,000 $415,000 $200,000
2014 $3,255 $250,050 $180,763 $69,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16764769

California Regional Multiple Listing Service (CRMLS)

APN: 7459-021-001