NOT LISTED FOR SALE

2519 S Denison Ave San Pedro, CA 90731

Estimated Value: $1,230,000 - $1,579,000

6 Beds
6 Baths
3,571 Sq Ft
$383/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $980,000 $274 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,256/month

16 Days on Market

Highlights

  • Fishing
  • Laundry Room
  • Bike Trail
  • No Units Above
  • 4 Car Garage
  • Level Lot

About This Home

As of April 2020

Point Fermin Triplex!!! - Three spacious 2 bedroom units all have their own attached garages. The front unit was remodeled and has a lovely deck plus a 2 car garage with direct access to the unit. The back unit has a large enclosed private yard! Well maintained - Alley Access - Convenient Location- Walking distance to Cabrillo Beach, Cabrillo Marina & Point Fermin Park - Built in 1990 and not subject to the City of Los Angeles Rent Stabilization Ordinance -

Last Agent to Sell the Property

Julie Califano

Califano Realty License #00868484 Listed on: 02/11/2020

Last Buyer's Agent

Ron Werner

Vista Sotheby’s International Realty License #00705989

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,059

Year Built

  • Built in 1990

Lot Details

  • 4,801 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 3,571 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 20
  • Tax Tract Number 57
  • Assessor Parcel Number 7465010014

Community Details

Overview

  • 3 Units

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $2,100
  • Water Sewer Expense $6,000
  • New Taxes Expense $11,987
  • Operating Expense $21,587
  • Gross Income $55,320
  • Net Operating Income $33,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,059

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7465010014
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 274.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1102

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 55320.00
  • Gross Scheduled Income: 55320.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 33733.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 21587.00
  • Rent Control: Yes
  • Total Expenses: 21587.00

Tax Info

  • New Taxes Expense: 11987.00
  • Tax Census Tract: 2976.02
  • Tax Lot: 20
  • Tax Tract Number: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 16, 2020
Sold by
Trani James R and Trani Dustin J
Bought by
Fay Gary L and Chang Chlen Patty
Seller's Agent
Julie Califano
Califano Realty
Buyer's Agent
Ron Werner
Vista Sotheby’s International Realty
List Price
$959,000
Sold Price
$980,000
Premium/Discount to List
$21,000
2.19%
Current Estimated Value
$1,369,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,431
Avg. Annual Appreciation
6.27%
Original Mortgage
$686,000
Outstanding Balance
$608,698
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$760,733

Purchase Details

Closed on
Apr 1, 2011
Sold by
Trani James R
Bought by
Trani James R and Trani James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,245
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2011
Sold by
Wempen Eric P and Wempen Rex R
Bought by
Trani James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,245
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2010
Sold by
Wempen Eric P and Wempen Rex R
Bought by
Wempen Eric P and Wempen Rex R

Purchase Details

Closed on
Jul 17, 2007
Sold by
Borell Mary Putnam
Bought by
Borell Mary Putnam and Mary Borell 1996 Living Trust

Purchase Details

Closed on
Oct 1, 2004
Sold by
Wodark Lech and Wodark Nieves
Bought by
Borell Mary Putnam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,800
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Wodark Lech and Wodark Nieves
Bought by
Wodark Lech and Wodark Nieves

Purchase Details

Closed on
Feb 9, 1999
Sold by
Fernandez Francisco and Wodark Nieves
Bought by
Wodark Lech and Wodark Nieves

Purchase Details

Closed on
Oct 28, 1997
Sold by
Wodark Lech
Bought by
Wodark Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.26%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Fernandez Guadalupe
Bought by
Fernandez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,843
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 1995
Sold by
First Bank National Assn
Bought by
Fernandez Francisco and Fernandez Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,843
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1995
Sold by
Babarovic Ivanka and American Svgs Bank Fa
Bought by
American Svgs Bank Fa
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
Fay Gary L $980,000 Fidelity National Title Co
Trani James R -- Accommodation
Trani James R $525,000 Fidelity National Title Comp
Wempen Eric P -- None Available
Borell Mary Putnam -- None Available
Borell Mary Putnam $746,000 First American Title Co La
Wodark Lech -- --
Wodark Lech -- First American
Wodark Nieves -- --
Fernandez Francisco -- Chicago Title Co
Fernandez Francisco $199,000 Chicago Title
First Bank National Assn -- Chicago Title
American Svgs Bank Fa $357,413 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fay Gary L $686,000
Previous Owner Trani James R $479,245
Previous Owner Borell Mary Putnam $596,800
Previous Owner Wodark Nieves $190,000
Previous Owner Fernandez Francisco $192,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $980,000 +2.2% $274 / Sq Ft
02/11/2020 02/11/20 For Sale $959,000 -- $269 / 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 $13,059 $1,071,768 $656,186 $415,582
2024 $13,059 $1,050,754 $643,320 $407,434
2023 $12,809 $1,030,152 $630,706 $399,446
2022 $12,217 $1,009,954 $618,340 $391,614
2021 $12,055 $990,152 $606,216 $383,936
2020 $7,794 $615,017 $380,726 $234,291
2019 $7,494 $602,959 $373,261 $229,698
2018 $7,395 $591,138 $365,943 $225,195
2016 $7,040 $568,185 $351,734 $216,451
2015 $6,939 $559,651 $346,451 $213,200
2014 $6,977 $548,689 $339,665 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20031117

California Regional Multiple Listing Service (CRMLS)

APN: 7465-010-014