NOT LISTED FOR SALE

246 W Oliver St San Pedro, CA 90731

Estimated Value: $833,000 - $932,000

4 Beds
2 Baths
1,869 Sq Ft
$473/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $515,000 $276 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,224/month

56 Days on Market

Highlights

  • Wine Cellar
  • Wood Flooring
  • No HOA
  • Craftsman Architecture
  • Private Yard
  • Built-In Features

About This Home

As of November 2017

Original Craftsman style San Pedro Charmer with additional and separate unit in back plus large wine cellar/basement, 3 single car garages and lots of storage. Perfect starter home to also earn an income or for additional family to live in the back unit. Front house is 2 bedroom, 1 bath, large living room with fireplace, custom stone mantle, original antique light fixtures and door handles, and many built in cabinets throughout add to the unique character of the home. Original hardwood floors throughout, newer vinyl windows, original antique gas range in kitchen, and washer/dryer room is directly off the back of home, approx. 10 year old roof. Back unit is above the garages and is also 2 bedroom, 1 bath. Outside boasts a large wine cellar/basement that almost extends the length of the house; 2 freestanding sheds perfect for creating an extra hangout away from the sun or for storing tools, etc; 3 additional storage rooms; 3 individual single car garages with alley access; citrus trees, rose bushes, and lots of space to even create your own garden! Lots of potential in this unique and charming property. Easy access to freeways, bridges and close proximity to Port's O Call redevelopment project. First time on the market, house is move in ready with lots of opportunity to create your dream home!

Last Agent to Sell the Property

Taylor Malahni

Horrell Realtors License #01954626 Listed on: 07/31/2017

Last Buyer's Agent

Jayme Muniz

The Realestate Group License #01869407

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,128

Year Built

  • Built in 1923

Lot Details

  • 5,002 Sq Ft Lot
  • Lot Dimensions are 125' x 40'
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • Duplex
  • Craftsman Architecture
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,869 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Wine Cellar
  • Living Room with Fireplace
  • Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Shed

Utilities

  • Floor Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 20 / 5
  • Tax Tract Number 2312
  • Assessor Parcel Number 7449004020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $500
  • Water Sewer Expense $600
  • New Taxes Expense $1,961
  • Operating Expense $3,661
  • Gross Income $6,000
  • Net Operating Income $2,339

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,128

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 600.00
  • Zoning: LAR2
  • Architectural Style: Craftsman, Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7449004020
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Gas
  • Price Per Square Foot: 275.55
  • Room Type: Basement, Living Room, Wine Cellar

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Cooktop, Range Hood
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size: 125' x 40'
  • Lot Size Sq Ft: 5002.00

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 6000.00
  • Gross Scheduled Income: 6000.00
  • Insurance Expense: 500.00
  • Net Operating Income: 2339.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3661.00
  • Rent Control: Yes
  • Total Expenses: 3661.00

Tax Info

  • New Taxes Expense: 1961.00
  • Tax Area: 13245
  • Tax Block: 5
  • Tax Census Tract: 2962.10
  • Tax Lot: 20
  • Tax Tract Number: 2312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Nov 7, 2017
Sold by
Malahni Pete and Malahni John L
Bought by
Dahlin Marshall and Dahlin Amanda
Seller's Agent
Taylor Malahni
Horrell Realtors
Buyer's Agent
Jayme Muniz
The Realestate Group
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%
Current Estimated Value
$884,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,553
Avg. Annual Appreciation
7.04%
Original Mortgage
$412,000
Outstanding Balance
$345,236
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$539,317

Purchase Details

Closed on
May 11, 2004
Sold by
Malahni John K
Bought by
Malahni John K and John K Malahni Revocable Trust
Source: Public Records

Range of Values:

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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
Dahlin Marshall $515,000 Fidelity National Title
Malahni Kuzma Bartul -- Fidelity National Title Co
Malahni John K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahlin Marshall $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2017 11/16/17 Sold $515,000 -2.6% $276 / Sq Ft
11/09/2017 11/09/17 For Sale $529,000 0.0% $283 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $529,000 -- $283 / 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 $7,128 $585,979 $392,550 $193,429
2024 $7,128 $574,490 $384,853 $189,637
2023 $6,991 $563,226 $377,307 $185,919
2022 $6,668 $552,183 $369,909 $182,274
2021 $6,579 $541,356 $362,656 $178,700
2020 $6,642 $535,806 $358,938 $176,868
2019 $6,382 $525,300 $351,900 $173,400
2018 $6,268 $515,000 $345,000 $170,000
2017 $2,029 $161,283 $112,533 $48,750
2016 $1,961 $158,122 $110,327 $47,795
2015 $1,933 $155,748 $108,670 $47,078
2014 $1,934 $152,698 $106,542 $46,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17169446

California Regional Multiple Listing Service (CRMLS)

APN: 7449-004-020