NOT LISTED FOR SALE

1341 W 9th St San Pedro, CA 90732

Estimated Value: $985,000 - $1,336,000

4 Beds
4 Baths
3,086 Sq Ft
$370/Sq Ft Est. Value

Last Sold November 24, 2017

Last sale price $735,000 $238 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,876/month

29 Days on Market

About This Home

As of November 2017

Investment opportunity, located in the prime Vista Del Oro area. Featuring four, 1 bedroom/1-bathroom units. There are 4 garages and a common area laundry.

Last Agent to Sell the Property

Gordon Inman

Keller Williams Realty License #00446156 Listed on: 09/25/2017

Keller Williams Realty

Co-Listed By

Keith Kelley

Strand Hill Properties License #01810798

Last Buyer's Agent

Leticia Rivera

Estate Properties License #01183706

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,384

Year Built

  • Built in 1924

Lot Details

  • 6,250 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 3,086 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 2970
  • Assessor Parcel Number 7459018012

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $1,000
  • Fuel Expense $504
  • Insurance Expense $2,100
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,738
  • Operating Expense $14,842
  • Gross Income $3,787
  • Net Operating Income $30,602

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,384

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7459018012
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 238.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6250.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 504.00
  • Gross Income: 3787.00
  • Gross Scheduled Income: 45444.00
  • Insurance Expense: 2100.00
  • Net Operating Income: 30602.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14842.00
  • Rent Control: Yes
  • Total Actual Rent: 3492.00
  • Total Expenses: 14842.00

Tax Info

  • New Taxes Expense: 9738.00
  • Tax Census Tract: 2970.00
  • Tax Lot: 9
  • Tax Tract Number: 2970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Oct 30, 2017
Sold by
Gonzales Eric R
Bought by
Jimenez Jose Abel and Jimenez Laura Elena
Seller's Agent
Gordon Inman
Keller Williams Realty
Buyer's Agent
Leticia Rivera
Estate Properties
List Price
$779,000
Sold Price
$735,000
Premium/Discount to List
-$44,000
-5.65%
Current Estimated Value
$1,142,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,706
Avg. Annual Appreciation
5.72%
Original Mortgage
$551,250
Outstanding Balance
$462,652
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$680,054

Purchase Details

Closed on
Jul 19, 2016
Sold by
Gonzales Eric R
Bought by
Gonzales Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Ikic Ljubomir
Bought by
Gonzales Eric R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,880
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 1990
Sold by
Mandic Michael
Bought by
Mandic Michael and Mandic Marija
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
Jimenez Jose Abel $735,000 Fidelity National Title Co
Gonzales Eric R -- First American Title Company
Gonzales Eric R $319,000 --
Mandic Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Jose Abel $551,250
Previous Owner Gonzales Eric R $535,000
Previous Owner Gonzales Eric R $316,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2017 11/24/17 Sold $735,000 -5.6% $238 / Sq Ft
09/25/2017 09/25/17 For Sale $779,000 -- $252 / 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 $10,384 $836,300 $494,953 $341,347
2024 $10,384 $819,903 $485,249 $334,654
2023 $10,189 $803,828 $475,735 $328,093
2022 $9,725 $788,067 $466,407 $321,660
2021 $9,597 $772,615 $457,262 $315,353
2019 $9,316 $749,700 $443,700 $306,000
2018 $9,191 $735,000 $435,000 $300,000
2017 $5,436 $422,443 $264,858 $157,585
2016 $5,203 $414,161 $259,665 $154,496
2015 $5,129 $407,941 $255,765 $152,176
2014 $5,169 $399,951 $250,755 $149,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17220787

California Regional Multiple Listing Service (CRMLS)

APN: 7459-018-012