NOT LISTED FOR SALE

1827 S Cabrillo Ave San Pedro, CA 90731

Estimated Value: $1,408,000 - $1,903,000

8 Beds
6 Baths
5,169 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $1,137,500 $220 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,770/month

3 Days on Market

Highlights

  • 3 Car Direct Access Garage
  • 1 Attached Carport Space
  • Tandem Garage
  • Laundry Room
  • Level Lot

About This Home

As of April 2019

With more renters in the city of Los Angeles than ever, this investment becomes better than ever as well. Located in Vista del Oro, this four unit building’s units offer a fantastic rental income potential as well as a three bedroom townhouse perfect for an owner/investor should one choose. Garages, balconies, a laundry room, a large storage area, and the advantage of no rent control gives this investment great versatility. Whether you are looking for cash flow, potential appreciation or a great place to make your own home, this building could fit the bill. Please don’t disturb the tenants, drive by and make your welcomed offers subject to inspection.

Last Agent to Sell the Property

Mary Miloe

Estate Properties License #01842652 Listed on: 03/20/2019

Estate Properties

Co-Listed By

Evon Jones

Estate Properties License #00637807

Last Buyer's Agent

Danielle Whitney Moore

Keller Williams Realty License #01715547

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,530

Year Built

  • Built in 1982

Lot Details

  • 4,502 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Direct Access Garage
  • 1 Attached Carport Space
  • Parking Available
  • Tandem Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,169 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 28 / 5
  • Tax Tract Number 28
  • Assessor Parcel Number 7462010028

Community Details

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,594
  • Water Sewer Expense $1,720
  • Operating Expense $12,582
  • Gross Income $76,140
  • Net Operating Income $63,558

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,530

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1720.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7462010028
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 220.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Direct Garage Access, Garage, Tandem Garage
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 4502.00
  • Lot Size Acres: 0.1034

Multi Family

  • Gross Income: 76140.00
  • Gross Scheduled Income: 76140.00
  • Insurance Expense: 1594.00
  • Lot Size Area: 4502.0000 Square Feet
  • Net Operating Income: 63558.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 12582.00
  • Rent Control: No
  • Total Expenses: 12582.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2972.02
  • Tax Lot: 28
  • Tax Tract Number: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 30, 2019
Sold by
Davis Monica W
Bought by
The Monica Wuerth Davis Trust
Seller's Agent
Mary Miloe
Estate Properties
Buyer's Agent
Danielle Whitney Moore
Keller Williams Realty
List Price
$1,225,000
Sold Price
$1,137,500
Premium/Discount to List
-$87,500
-7.14%
Current Estimated Value
$1,619,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,820
Avg. Annual Appreciation
5.57%
Original Mortgage
$853,125
Outstanding Balance
$750,049
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$869,271

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 23, 2019
Sold by
Davis Barry M
Bought by
Davis Monica W
Seller's Agent
Mary Miloe
Estate Properties
Buyer's Agent
Danielle Whitney Moore
Keller Williams Realty
List Price
$1,225,000
Sold Price
$1,137,500
Premium/Discount to List
-$87,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,125
Outstanding Balance
$750,049
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$869,271

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 22, 2019
Sold by
The John Francis Carroll Living Trust
Bought by
Davis Monica W
Seller's Agent
Mary Miloe
Estate Properties
Buyer's Agent
Danielle Whitney Moore
Keller Williams Realty
List Price
$1,225,000
Sold Price
$1,137,500
Premium/Discount to List
-$87,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,125
Outstanding Balance
$750,049
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$869,271

Purchase Details

Closed on
Feb 16, 2018
Sold by
Carroll John Francis
Bought by
Carroll John Francis and John Francis Carroll Living Trust
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
The Monica Wuerth Davis Trust -- None Available
Davis Monica W -- Progressive Title Co Inc
Davis Monica W $1,137,500 Progressive Title Co Inc
Carroll John Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Monica W $853,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $1,137,500 -7.1% $220 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $1,225,000 -- $237 / 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 $15,530 $1,268,340 $557,756 $710,584
2024 $15,530 $1,243,471 $546,820 $696,651
2023 $15,233 $1,219,091 $536,099 $682,992
2022 $14,531 $1,195,188 $525,588 $669,600
2021 $14,333 $1,171,754 $515,283 $656,471
2020 $14,474 $1,161,740 $510,000 $651,740
2019 $6,850 $538,032 $153,357 $384,675
2018 $6,747 $527,522 $150,350 $377,172
2016 $6,401 $505,116 $144,512 $360,604
2015 $6,311 $497,530 $142,342 $355,188
2014 $6,355 $487,785 $139,554 $348,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19058685

California Regional Multiple Listing Service (CRMLS)

APN: 7462-010-028