NOT LISTED FOR SALE

246 N Pacific Ave Unit 8 San Pedro, CA 90731

Estimated Value: $1,979,990

-- Bed
1 Bath
300 Sq Ft
$6,600/Sq Ft Est. Value

About This Home

This home is located at 246 N Pacific Ave Unit 8, San Pedro, CA 90731 and is currently estimated at $1,979,990, approximately $6,599 per square foot. 246 N Pacific Ave Unit 8 is a home located in Los Angeles County with nearby schools including Barton Hill Elementary School, Dana Middle School, and San Pedro Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Blue Nile Properties Llc
Bought by
Wah Gwaan Jamaican Restaurant & Bar Llc
Current Estimated Value
$1,979,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,842,500
Outstanding Balance
$2,790,978
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$810,988

Purchase Details

Closed on
Aug 4, 2022
Sold by
Hagos Ermias
Bought by
Blue Nile 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
$600,000
Interest Rate
5.81%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 27, 2019
Sold by
Baran Shu Hwa and The Shu Hwa Baran Trust
Bought by
Hagos Ermias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
3.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2014
Sold by
Baran Shu Hwa
Bought by
Baran Shu Hwa and The Shu Hwa Baran Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Wah Gwaan Jamaican Restaurant & Bar Llc $2,850,000 None Listed On Document
Blue Nile Properties Llc -- Provident Title
Hagos Ermias $1,435,000 Old Republic Title Company
Baran Shu Hwa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wah Gwaan Jamaican Restaurant & Bar Llc $2,842,500
Previous Owner Blue Nile Properties Llc $600,000
Previous Owner Hagos Ermias $935,000
Source: Public Records

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 $25,178 $2,059,992 $1,352,520 $707,472
2024 $25,178 $2,019,600 $1,326,000 $693,600
2023 $24,697 $1,980,000 $1,300,000 $680,000
2022 $18,171 $1,478,862 $824,453 $654,409
2021 $17,909 $1,449,866 $808,288 $641,578
2020 $7,925 $588,768 $302,794 $285,974
2019 $7,638 $577,224 $296,857 $280,367
2018 $7,525 $565,907 $291,037 $274,870
2016 $7,106 $543,935 $279,737 $264,198
2015 $7,010 $535,766 $275,536 $260,230
2014 $7,021 $525,272 $270,139 $255,133
Source: Public Records

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