Seller's Agent in 2020
Randi Fournier
Compass
(310) 415-6023
20 Total Sales
1602 S Centre St San Pedro, CA 90731
Estimated Value: $875,000 - $1,004,000
7
Beds
3
Baths
2,343
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Corner Lot
- Forced Air Heating System
- San Pedro Senior High School Rated A-
- Laundry Room
- 4 Car Garage
About This Home
As of December 2020Amazing opportunity to own an investment property a few blocks to the harbor where there will be a newly developed public market. The whole waterfront is being redeveloped and information is easily accessible. The property is a few blocks from a park and less than half a mile to USS Iowa as well. A lot of exciting neighborhood happenings in the area. The property consists of 4 structures-1602(originally was a store but over the years was converted into a 2bed/1ba and then into a 3 bedroom/1ba). 1612 and 1620 are both Craftsman Bungalow style 2bed/1ba homes built in 1923. There is also a garage structure made up of 4 single car garages. The garage structure recently got a new roof and painted. 1620 property was also recently painted. All units are occupied with month to month leases. Expenses are estimated.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,000 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 4 Car Garage
- Parking Available
- Community Parking Structure
Home Design
- 2,343 Sq Ft Home
- Craftsman Architecture
- Spanish Architecture
- Raised Foundation
- Slab Foundation
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
Utilities
- Forced Air Heating System
- Floor Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 1 / 31
- Tax Tract Number 2971
- Assessor Parcel Number 7456025001
Community Details
Overview
- 4 Buildings
- 3 Units
Building Details
- 4 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $1,068
- Insurance Expense $1,068
- Trash Expense $1,068
- Water Sewer Expense $1,068
- New Taxes Expense $9,362
- Operating Expense $4,272
- Gross Income $45,000
- Net Operating Income $40,728
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 10, 2015
Sold by
Schneider Jason and Bruening Jeffrey Scott
Bought by
Revocab Bruening Jeffrey Scott and Revocab Jeffrey Scott Bruening
Current Estimated Value
Purchase Details
Closed on
Jan 5, 2005
Sold by
Dean Dale J and Dean Susan
Bought by
Schneider Jason and Bruening Jeffrey Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$247,550
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,499
Purchase Details
Closed on
May 19, 2003
Sold by
Lauro Vince and Lauro Denise
Bought by
Dean Dale J and Dean Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 2001
Sold by
Barbato Matthew A
Bought by
Lauro Vince and Lauro Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.15%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Revocab Bruening Jeffrey Scott | -- | Title 365 | |
| Schneider Jason | $570,000 | Lawyers Title Company | |
| Dean Dale J | $339,000 | First American | |
| Lauro Vince | -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schneider Jason | $456,000 | |
| Previous Owner | Dean Dale J | $229,000 | |
| Previous Owner | Lauro Vince | $128,000 | |
| Closed | Schneider Jason | $114,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2020 12/31/20 | Sold | $749,000 | 0.0% | $320 / Sq Ft |
| 08/07/2020 08/07/20 | Price Changed | $749,000 | -2.7% | $320 / Sq Ft |
| 07/06/2020 07/06/20 | For Sale | $770,000 | +2.8% | $329 / Sq Ft |
| 03/23/2020 03/23/20 | Off Market | $749,000 | -- | -- |
| 01/31/2020 01/31/20 | For Sale | $749,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $10,041 | $810,740 | $540,132 | $270,608 |
| 2024 | $9,905 | $794,844 | $529,542 | $265,302 |
| 2023 | $9,716 | $779,259 | $519,159 | $260,100 |
| 2022 | $9,267 | $763,980 | $508,980 | $255,000 |
| 2021 | $9,147 | $749,000 | $499,000 | $250,000 |
| 2020 | $9,060 | $726,487 | $509,817 | $216,670 |
| 2019 | $8,705 | $712,243 | $499,821 | $212,422 |
| 2018 | $8,609 | $698,278 | $490,021 | $208,257 |
| 2016 | $7,370 | $600,000 | $412,500 | $187,500 |
| 2015 | $7,371 | $600,000 | $412,500 | $187,500 |
| 2014 | $6,273 | $495,000 | $340,300 | $154,700 |
Source: Public Records
Agents Affiliated with this Home
-
Randi Fournier
-
Stewart Fournier
Seller Co-Listing Agent in 2020
Stewart Fournier
Compass
(310) 968-1730
10 Total Sales
-
Ravinder Sood
Buyer's Agent in 2020
Ravinder Sood
Coldwell Banker Envision
(818) 554-5050
4 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20020714
APN: 7456-025-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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