NOT LISTED FOR SALE

1443 W 7th St San Pedro, CA 90732

8 Beds
10 Baths
6,695 Sq Ft
5,381 Sq Ft Lot

Last Sold November 07, 2012

Last sale price $1,350,000 $202 Per Sq Ft

71 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Room
  • Turnkey
  • No HOA
  • 4 Car Garage
  • Carpet

About This Home

As of November 2012

Beautiful 11 unit building in prime residential area of Vista Del Oro. Custom built in 1980 pride-of-ownership units "NOT UNDER RENT CONTROL". 100% OCCUPIED with all AAA Tenants with 8 of the units occupied by single Tenants.

Last Agent to Sell the Property

Ron Teixeira

EPLA Ventures Inc License #00935747 Listed on: 06/18/2012

EPLA Ventures Inc

Last Buyer's Agent

Ken Nagasawa

Person Realty Inc. License #01147979

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 5,381 Sq Ft Lot
  • Lot Dimensions are 50x107

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 6,695 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 4062
  • Assessor Parcel Number 7459001030

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Building Details

  • 11 Leased Units
  • 11 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,560
  • Water Sewer Expense $3,000
  • New Taxes Expense $18,740
  • Gross Income $9,625
  • Net Operating Income $89,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7459001030
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 201.64

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 11.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Individual Room
  • Trash Expense: 1560.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50x107
  • Lot Size Sq Ft: 5381.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 9625.00
  • Gross Multiplier: 12.06
  • Gross Scheduled Income: 116040.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 5381.0000 Square Feet
  • Net Operating Income: 89840.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 11
  • Operating Expense: 26200.00
  • Rent Control: No
  • Total Actual Rent: 9520.00

Tax Info

  • New Taxes Expense: 18740.00
  • Tax Lot: 26
  • Tax Tract Number: 4062
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $1,350,000 -9.9% $202 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $1,499,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ron Teixeira

    EPLA Ventures Inc

    Section Image

  • K

    Buyer's Agent in 2012

    Ken Nagasawa

    Person Realty Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12076366

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County San Pedro 90732

1443 W 7th 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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