NOT LISTED FOR SALE

1361 W 9th St San Pedro, CA 90732

Estimated Value: $1,007,000 - $1,265,000

2 Beds
1 Bath
2,174 Sq Ft
$510/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $574,000 $264 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,521/month

Highlights

  • Ocean View
  • Wood Flooring
  • Laundry Room
  • Fireplace in Bathroom
  • Private Yard

About This Home

As of October 2015

Property needs work. Beautiful 1920' Spanish style duplex with an ocean view from the top story. Each unit has a breakfast nook and a separate laundry room. Building has not been on the market in 50 years with easy access to freeways and shopping. Property will be sold "as is". Now is the time to get that owner/user property. NO COURT CONFIRMATION Buyer to verify building expenses and listed information

Last Agent to Sell the Property

david lebental

Lebental Realty License #01936949 Listed on: 04/09/2015

Last Buyer's Agent

Lesley Harris

RE/MAX TerraSol License #01124037

RE/MAX TerraSol

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 1928

Lot Details

  • 4,771 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Property Attached

Interior Spaces

  • 2,174 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2970
  • Assessor Parcel Number 7459018007

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $500
  • Water Sewer Expense $500
  • New Taxes Expense $1,000
  • Gross Income $3,600
  • Net Operating Income $3,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,244

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 7459018007
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 264.03

Exterior Features

  • View: Mountain(s), Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Sewer: Unknown
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Yard
  • Lot Size Sq Ft: 4771.00
  • Price Per Lot Square Foot: 120.31
  • Lot Size Acres: 0.1100

Multi Family

  • Average2 Bed Area: 1087
  • Gross Income: 3600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 500.00
  • Lot Size Area: 4771.0000 Square Feet
  • Net Operating Income: 3350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Other Expense Description: Est
  • Rent Control: Yes
  • Total Actual Rent: 1000.00

Tax Info

  • New Taxes Expense: 1000.00
  • Tax Lot: 5
  • Tax Tract Number: 2970
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Sep 28, 2015
Sold by
Lebental Miriam J
Bought by
Randic Velimir
Seller's Agent
david lebental
Lebental Realty
Buyer's Agent
Lesley Harris
RE/MAX TerraSol
List Price
$649,999
Sold Price
$574,000
Premium/Discount to List
-$75,999
-11.69%
Current Estimated Value
$1,109,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,084
Avg. Annual Appreciation
6.79%
Original Mortgage
$459,200
Outstanding Balance
$360,926
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$748,158
Source: Public Records

Range of Values:

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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
Randic Velimir $574,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randic Velimir $459,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $574,000 -11.7% $264 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $649,999 -- $299 / 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 $8,244 $679,492 $419,059 $260,433
2024 $8,244 $666,170 $410,843 $255,327
2023 $8,085 $653,109 $402,788 $250,321
2022 $7,711 $640,304 $394,891 $245,413
2021 $7,608 $627,750 $387,149 $240,601
2019 $7,380 $609,132 $375,667 $233,465
2018 $7,314 $597,189 $368,301 $228,888
2016 $6,976 $574,000 $354,000 $220,000
2015 $859 $60,737 $31,186 $29,551
2014 $874 $59,549 $30,576 $28,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15074310

California Regional Multiple Listing Service (CRMLS)

APN: 7459-018-007