NOT LISTED FOR SALE

1600 E Sandison St Wilmington, CA 90744

Estimated Value: $593,000 - $959,000

4 Beds
4 Baths
2,118 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2015

Last sale price $470,000 $222 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,700 / mo

99 Days on Market

About This Home

As of December 2015

1600 Sandison Street property is a 2 story 4 unit building situated on 4,987 square feet of land. Although the building was constructed in 1955 the ground floor units were completed rehabbed and therefore the building is no longer rent controlled. Additionally, the entire plumbing system has been updated to copper. The units mix consists of one - studio + 1 bath unit, two - 1 bedroom + 1 bath units and one - 2 bedroom + 1 bath units. All units are separately metered for gas and electricity, as well.

Wilmington shares borders with Carson to the north, Long Beach to the east, San Pedro to the south and west and Harbor City to the northwest.

Last Agent to Sell the Property

Byron Field

Keller Williams Pacific Estate License #01934775 Listed on: 07/13/2015

Keller Williams Pacific Estate

Last Buyer's Agent

Byron Field

Keller Williams Pacific Estate License #01934775 Listed on: 07/13/2015

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,983 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,118 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 4251
  • Assessor Parcel Number 7426023009

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $741
  • Maintenance Expense $1,820
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,540
  • Gross Income $34,042
  • Net Operating Income $34,042

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,983 Sq Ft Lot

Listing Details

  • CapRate: 6.70
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 7426023009
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 221.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4983.00
  • Price Per Lot Square Foot: 103.35
  • Lot Size Acres: 0.1140

Multi Family

  • Gross Income: 34042.00
  • Gross Multiplier: 11.32
  • Gross Scheduled Income: 45480.00
  • Insurance Expense: 741.00
  • Lot Size Area: 4983.0000 Square Feet
  • Maintenance Expense: 1820.00
  • Net Operating Income: 34042.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10958.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6540.00
  • Tax Lot: 88
  • Tax Tract Number: 4251

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2025
Sold by
Bought by
Current Estimated Value
$760,491

Purchase Details

Closed on
Apr 3, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Listed on
Jul 13, 2015
Closed on
Dec 21, 2015
Sold by
Bought by
Seller's Agent
Byron Field
Keller Williams Pacific Estate
Buyer's Agent
Byron Field
Keller Williams Pacific Estate
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$459,910
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
6.66%

Purchase Details

Closed on
Aug 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
9.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- --
$470,000 Title 365
$270,000 Provident Title Company
$117,500 Fidelity National Title Co
$110,000 Fidelity National Title
-- Southland Title Company
$146,000 Southland Title Corporation
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner --
Previous Owner $459,910
Previous Owner $216,000
Previous Owner $148,200
Previous Owner $129,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/29/2015 12/29/15 Sold $470,000 -14.5% $222 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $550,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,112 $556,378 $355,136 $201,242
2024 $6,994 $545,470 $348,173 $197,297
2023 $6,865 $534,776 $341,347 $193,429
2022 $6,554 $524,291 $334,654 $189,637
2021 $6,467 $514,012 $328,093 $185,919
2019 $6,280 $498,767 $318,362 $180,405
2018 $6,196 $488,988 $312,120 $176,868
2016 $5,912 $470,000 $300,000 $170,000
2015 $4,117 $319,404 $189,277 $130,127
2014 $4,156 $313,148 $185,570 $127,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15153410

California Regional Multiple Listing Service (CRMLS)

APN: 7426-023-009

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