NOT LISTED FOR SALE

2601 S Kerckhoff Ave San Pedro, CA 90731

Estimated Value: $763,000 - $826,000

3 Beds
2 Baths
1,200 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $491,000 $409 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,939/month

44 Days on Market

About This Home

As of October 2016

Rehabbed two houses for the price of one perfect for owner occupied. The front house is a 1bd 1ba and back house is 2bd 1 ba with private yards. The units were remodeled in 2014 with new roof, updated electrical, updated plumbing, water heaters were replaced and wall furnaces, windows were replaced and the list goes on. 2-car detached garage with separate laundry hook ups for each unit. Back 2bd unit is now vacant and can be shown anytime. Must see to appreciate!

Last Agent to Sell the Property

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 07/19/2016

Last Buyer's Agent

Francisco Lopez

Francisco Lopez, Broker License #01060471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1918

Lot Details

  • 2,501 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 7465
  • Tax Tract Number 14
  • Assessor Parcel Number 7465014001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $775
  • Trash Expense $180
  • Water Sewer Expense $600
  • New Taxes Expense $6,237
  • Gross Income $2,967
  • Net Operating Income $27,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,894

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 7465014001
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 409.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 180.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2501.00
  • Price Per Lot Square Foot: 195.52

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 2967.00
  • Gross Scheduled Income: 35604.00
  • Insurance Expense: 775.00
  • Net Operating Income: 27332.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8272.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6237.00
  • Tax Lot: 7465
  • Tax Tract Number: 014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2016
Closed on
Oct 18, 2016
Sold by
Mendoza Barbara A
Bought by
Vieira Elaine Machado
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Francisco Lopez
Francisco Lopez, Broker
List Price
$499,000
Sold Price
$491,000
Premium/Discount to List
-$8,000
-1.6%
Current Estimated Value
$800,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,910
Avg. Annual Appreciation
5.73%
Original Mortgage
$463,980
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2015
Sold by
Acjj Investments Llc
Bought by
Mendoza Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2015
Sold by
Bommarito Matteo
Bought by
Bola Llc

Purchase Details

Closed on
Feb 14, 2014
Sold by
Acjj Investments Llc
Bought by
Bommarito Matteo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2014
Sold by
Acjj Investments Llc
Bought by
Mendoza Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 11, 2013
Closed on
Oct 24, 2013
Sold by
Bender Patrick M and Bender Claudia Darling
Bought by
Acjj Investments Llc
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Guadalupe Guevara
West Shores Realty, Inc.
List Price
$309,000
Sold Price
$325,000
Premium/Discount to List
$16,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
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
Vieira Elaine Machado $491,000 Fidelity National Title Co
Mendoza Barbara A -- Fidelity National Title
Bola Llc -- Accommodation
Bommarito Matteo $120,000 Fidelity National Title Co
Mendoza Barbara A -- Fidelity National Title Co
Acjj Investments Llc $300,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vieira Elaine Machado $440,500
Closed Vieira Elaine Machado $17,415
Closed Vieira Elaine Machado $463,980
Previous Owner Mendoza Barbara A $322,000
Previous Owner Bommarito Matteo $350,000
Previous Owner Bender Patrick M $281,500
Previous Owner Bender Patrick M $285,000
Previous Owner Bender Patrick M $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $491,000 +0.4% $409 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $489,000 -2.0% $408 / Sq Ft
07/19/2016 07/19/16 For Sale $499,000 +53.5% $416 / Sq Ft
11/15/2013 11/15/13 Sold $325,000 +5.2% $271 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $309,000 -- $258 / 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 $6,894 $569,840 $395,755 $174,085
2024 $6,894 $558,668 $387,996 $170,672
2023 $6,761 $547,715 $380,389 $167,326
2022 $6,444 $536,977 $372,931 $164,046
2021 $6,364 $526,449 $365,619 $160,830
2020 $6,427 $521,052 $361,871 $159,181
2019 $6,173 $510,836 $354,776 $156,060
2018 $6,121 $500,820 $347,820 $153,000
2016 $4,630 $379,292 $171,189 $208,103
2015 $3,757 $305,993 $137,697 $168,296
2014 $3,780 $300,000 $135,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16157737

California Regional Multiple Listing Service (CRMLS)

APN: 7465-014-001