NOT LISTED FOR SALE

244 W 16th St San Pedro, CA 90731

Estimated Value: $745,000 - $877,000

5 Beds
3 Baths
1,644 Sq Ft
$492/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $440,000 $268 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,913/month

13 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Laundry Room

About This Home

As of August 2015

Great investment opportunity for a triplex in San Pedro. Approx 1600 sq ft. Unit 1 approx 864 sq ft with 2 bedrooms and 1 bathroom. Unit 2 is approx 252 1 bedroom with 1 bathroom. Unit 3 is approx 528 sq ft 2 bedroom 1 bathroom. All units are rented out.Quick response to all offers!!** ***Buyer to verify all info, which is deemed reliable but not guaranteed***STANDARD SALE***INQUIRE ABOUT BUYER INCENTIVES***

Last Agent to Sell the Property

Alaura Clennon

Griffin Real Estate, Inc. Listed on: 07/17/2015

Last Buyer's Agent

Christine Donovan

Christine Donovan, Broker License #01267479

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,436

Year Built

  • Built in 1919

Lot Details

  • 5,003 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,644 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 22
  • Assessor Parcel Number 7456020021

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,939
  • Operating Expense $4,939
  • Gross Income $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,436

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Other Phone Description: Daisy Macias
  • Other Phone Number: 951.547.3577
  • Property Attached: No
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 7456020021
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 267.64

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5003.00
  • Price Per Lot Square Foot: 87.95
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Lot Size Area: 5003.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 2900.00
  • Total Expenses: 4939.00

Tax Info

  • New Taxes Expense: 4939.00
  • Tax Lot: 22
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Jett Nadine M
Bought by
Vonferdinand Cedric Charles Gero
Current Estimated Value
$809,667

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 28, 2015
Sold by
Gb Inland Properties Llc
Bought by
Jett Nadine
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Christine Donovan
Christine Donovan, Broker
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$330,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Lockwood Roger and Seneviratne Saman
Bought by
Gb Inland Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2012
Sold by
Lockwood Roger
Bought by
Lockwood Roger

Purchase Details

Closed on
Sep 18, 2009
Sold by
Lockwood Roger
Bought by
Lockwood Roger

Purchase Details

Closed on
Apr 20, 2006
Sold by
Seneviratne Wilma
Bought by
Seneviratne Saman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2006
Sold by
Smith Annie
Bought by
Lockwood Roger and Seneviratne Saman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 22, 2005
Sold by
Fernandez Anna L and Fernandez Irma
Bought by
Smith Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.93%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 9, 2004
Sold by
Montoya Antonio S
Bought by
Mendoza Maria M

Purchase Details

Closed on
Jun 24, 2004
Sold by
Estate Of Antonio Montoya
Bought by
Fernandez Anna L and Fernandez Irma
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
Vonferdinand Cedric Charles Gero -- None Listed On Document
Jett Nadine $440,000 None Available
Gb Inland Properties Llc $314,500 Ticor Title Riverside
Lockwood Roger -- None Available
Lockwood Roger -- None Available
Seneviratne Saman -- Progressive Title
Lockwood Roger $595,000 Progressive Title
Smith Annie $595,000 Fatcola
Mendoza Maria M -- First American Title Co Los
Mendoza Maria M -- --
Mendoza Maria M -- First American Title Co Los
Fernandez Anna L $300,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jett Nadine $330,000
Previous Owner Seneviratne Saman $59,500
Previous Owner Lockwood Roger $476,000
Previous Owner Smith Annie $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $440,000 -2.0% $268 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $449,000 -- $273 / 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 $6,436 $860,880 $663,000 $197,880
2024 $6,436 $510,652 $313,355 $197,297
2023 $6,314 $500,640 $307,211 $193,429
2022 $6,024 $490,825 $301,188 $189,637
2021 $5,946 $481,202 $295,283 $185,919
2020 $6,004 $476,269 $292,256 $184,013
2019 $5,771 $466,931 $286,526 $180,405
2018 $5,692 $457,776 $280,908 $176,868
2016 $5,433 $440,000 $270,000 $170,000
2015 $5,255 $425,000 $321,400 $103,600
2014 $5,695 $450,000 $340,300 $109,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG15156992

California Regional Multiple Listing Service (CRMLS)

APN: 7456-020-021