NOT LISTED FOR SALE

1515 S Grand Ave San Pedro, CA 90731

Estimated Value: $824,000 - $1,040,000

4 Beds
3 Baths
1,800 Sq Ft
$527/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $606,300 $337 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,744/month

69 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Patio
  • Laundry Room
  • Ranch Style House
  • Tile Countertops
  • Tile Flooring

About This Home

As of August 2018

SUPER CLEAN PROPERTY. IDEAL FOR OWNER OCCUPANT 2 HOUSES ON 1 LOT. LARGE 3 BEDROOM 2 BATH HOME IN FRONT, AND A NICE SIZE 1 BEDROOM HOUSE IN THE REAR. FRONT HOUSE HAS 3 GENEROUS SIZE BEDROOMS, A LARGE KITCHEN AND FAMILY ROOM AREA WITH DIRECT ACCESS TO THE REAR PATIO, A 150 SQ FT. BASEMENT, AND A PRIVATE DOUBLE CAR GARAGE WITH ALLEY ACCESS. FRONT 3 BEDROOM HOME WILL BE VACANT AT CLOSING FOR OWNER OCCUPANCY. PERFECT FOR HOMEOWNER WITH ADDITIONAL INCOME FROM THE REAR UNIT TO HELP WITH THE MONTHLY PAYMENT. CLEAN AREA NEAR THE 16TH STREET FIRE STATION. GORGEOUS TREE LINED STREET. A SHORT WALK TO SAN PEDRO'S RAPIDLY DEVELOPING DOWNTOWN BUSINESS DISTRICT AND NEW WATERFRONT DEVELOPMENT. HURRY THIS WON'T LAST.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 05/01/2018

Last Buyer's Agent

Daniel Croucher

MyAgent Real Estate Group License #01477942

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 1923

Lot Details

  • 4,504 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Density is 11-15 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Open Floorplan
  • Family Room
  • Tile Flooring
  • Basement

Kitchen

  • Built-In Range
  • Range Hood
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating
  • Wall Furnace

Additional Features

  • Fireplace in Patio
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 7454031008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $7,862
  • Operating Expense $10,862
  • Gross Income $42,972
  • Net Operating Income $32,110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,230

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 7454031008
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floorplan, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Patio
  • Price Per Square Foot: 336.83
  • Room Type: Basement, Family Room, Kitchen, Main Floor Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Range Hood
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 4504.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Gross Income: 42972.00
  • Gross Scheduled Income: 42972.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 32110.00
  • 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: 10862.00
  • Rent Control: Yes
  • Total Expenses: 10862.00

Tax Info

  • New Taxes Expense: 7862.00
  • Tax Census Tract: 2969.01
  • Tax Lot: 9999
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Sherburn John L
Bought by
Sherburn John L and The John L Sherburn Living Tru
Current Estimated Value
$949,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,800
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Jan 29, 2020
Sold by
Sherburn John L
Bought by
Sherburn John L and The John L Sherburn Living Tru

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 24, 2018
Sold by
Mavar Nolan Anthony and Nolan Anthony Mavar Trust
Bought by
Sherburn John L
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Daniel Croucher
MyAgent Real Estate Group
List Price
$629,000
Sold Price
$606,300
Premium/Discount to List
-$22,700
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$526,300
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2015
Sold by
Mavar Nolon
Bought by
Mavar Nolon Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2015
Sold by
Mavar Nolon Anthony
Bought by
Nolon Anthony Mavar Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2013
Closed on
Dec 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mavar Nolon
Seller's Agent
William Blalark
Urban Realtists
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$449,900
Sold Price
$414,900
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$407,384
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2013
Sold by
Retana Amado De Jesus
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 17, 2001
Sold by
Svorinich Michael S and Svorinich Yolanda M
Bought by
Retana Amado Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 14, 1997
Sold by
Rosso Robert J and Rosso Virginia
Bought by
Svorinich Michael S and Svorinich Yolanda H

Purchase Details

Closed on
Feb 29, 1996
Sold by
Espinoza Cynthia
Bought by
Espinoza Lorenzo
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
Sherburn John L -- Corinthian Title Company Inc
Sherburn John L -- Corinthian Title Company Inc
Sherburn John L -- None Available
Sherburn John L $606,500 Fidelity National Title
Mavar Nolon Anthony -- Fidelity National Title Co
Nolon Anthony Mavar Trust -- Accommodation
Mavar Nolon $415,000 Nextitle
Federal Home Loan Mortgage Corporation $340,000 First American Title Company
Retana Amado Dejesus -- Fidelity Title
Svorinich Michael S -- First American
Espinoza Lorenzo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed John L Sherburn Living Trust $536,000
Closed Timothy L Robbins Revocable Li $525,000
Closed Sherburn John L $522,800
Closed Sherburn John L $517,400
Closed Sherburn John L $526,300
Previous Owner Mavar Nolon Anthony $366,750
Previous Owner Mavar Nolon $407,384
Previous Owner Retana Amado De Jesus $500,000
Previous Owner Retana Amado De Jesus $84,350
Previous Owner Retana Amado Dejesus $212,500
Previous Owner Retana Amado Dejesus $196,000
Previous Owner Retana Amado Dejesus $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $606,300 -2.1% $337 / Sq Ft
05/20/2018 05/20/18 Price Changed $619,000 -1.6% $344 / Sq Ft
05/01/2018 05/01/18 For Sale $629,000 +51.6% $349 / Sq Ft
12/27/2013 12/27/13 Sold $414,900 -7.8% $233 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $449,900 -- $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 $8,230 $676,001 $435,051 $240,950
2024 $8,230 $662,747 $426,521 $236,226
2023 $8,072 $649,753 $418,158 $231,595
2022 $7,698 $637,013 $409,959 $227,054
2021 $7,599 $624,523 $401,921 $222,602
2020 $5,955 $618,120 $397,800 $220,320
2019 $5,735 $606,000 $390,000 $216,000
2018 $5,530 $447,105 $177,764 $269,341
2017 $5,408 $438,339 $174,279 $264,060
2016 $5,274 $429,745 $170,862 $258,883
2015 $5,197 $423,291 $168,296 $254,995
2014 $5,224 $415,000 $165,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18101842

California Regional Multiple Listing Service (CRMLS)

APN: 7454-031-008