Seller's Agent in 2017
Alex Smith
eXp Realty of California Inc
(424) 259-3830
1 in this area
82 Total Sales
3225 S Pacific Ave San Pedro, CA 90731
Estimated Value: $1,069,000 - $1,252,000
6
Beds
4
Baths
3,284
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- 3 Car Garage
- Across the Road from Lake or Ocean
- Laundry Room
- Level Lot
About This Home
As of August 2017This TRIPLEX is ready for a Buyer to occupy the top floor 3 Bedroom, 2 Bath unit and have the 2 downstairs tenants pay the mortgage! The entire top floor has been cleaned up with new carpet, paint, popcorn ceiling removed, new light fixtures and is available for you to improve kitchen & baths to your own tastes, live in it immediately or rent it out for current market rent (~$2400/mo)! Total units are as follows: (1) 3 Bed + office, 2 Baths, (1) 2 Bed, 1 Bath and (1) 1 Bed, 1 Bath. The two bottom units are rented around 60% of market value because of rent control. The top floor has a balcony overlooking Pacific Ave and the military base. Super close to 110 Freeway, the boat ramp and San Pedro Waterfront, which is undergoing significant redevelopment with restaurants, shops and recreation.
Last Agent to Sell the Property
eXp Realty of California Inc License #01859768 Listed on: 06/05/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,131
Year Built
- Built in 1959
Lot Details
- 5,001 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Cosmetic Repairs Needed
- Flat Roof Shape
Interior Spaces
- 3,284 Sq Ft Home
- Living Room with Fireplace
- Gas Range
- Laundry Room
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Location
- Across the Road from Lake or Ocean
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 8
- Assessor Parcel Number 7467005005
Community Details
Overview
- 3 Units
- Military Land
Recreation
- Marina
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,610
- Trash Expense $925
- Water Sewer Expense $925
- New Taxes Expense $9,562
- Operating Expense $13,022
- Net Operating Income $6,923
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 20, 2020
Sold by
Orth Jacqueline G
Bought by
Orth Jeremy Jason
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,900
Outstanding Balance
$517,896
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$627,113
Purchase Details
Listed on
Jun 5, 2017
Closed on
Aug 15, 2017
Sold by
Sattelmayer Ralph
Bought by
Orth Jeremy Jason
Seller's Agent
Alex Smith
eXp Realty of California Inc
Buyer's Agent
Dave Salzman
Engel & Völkers LA South Bay
List Price
$700,000
Sold Price
$726,000
Premium/Discount to List
$26,000
3.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$580,800
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 5, 2017
Closed on
Jul 21, 2017
Sold by
Mcclellan Robett S
Bought by
Sattelmayer Ralph
Seller's Agent
Alex Smith
eXp Realty of California Inc
Buyer's Agent
Dave Salzman
Engel & Völkers LA South Bay
List Price
$700,000
Sold Price
$726,000
Premium/Discount to List
$26,000
3.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,800
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2010
Sold by
The Bank Of New York Mellon
Bought by
Mcclellan Robert S and Mcclellan Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 2009
Sold by
Heath Eric
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Jul 5, 2005
Sold by
Heath Deborah
Bought by
Heath Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 29, 2005
Sold by
Heath Eric
Bought by
Heath Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 21, 2002
Sold by
Heath Eric and Heath Eric R
Bought by
Heath Eric and Eric Heath Family Trust Agreement
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
6.52%
Purchase Details
Closed on
Mar 26, 2002
Sold by
Heath Eric
Bought by
Heath Eric and The Eric Heath Family Trust Agreement
Purchase Details
Closed on
Jul 27, 2001
Sold by
Clark Emmett J
Bought by
Heath Eric
Purchase Details
Closed on
Oct 19, 2000
Sold by
Zuanich Anka
Bought by
Clark Emmett J and Clark Patricia R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Orth Jeremy Jason | -- | Title Connect Inc | |
| Oth Jeremy Jason | -- | Title Connect Inc | |
| Orth Jeremy Jason | $726,000 | Stewart Title | |
| Sattelmayer Ralph | -- | None Available | |
| Mcclellan Robert S | $510,000 | Landsafe Title Of Ca Inc | |
| The Bank Of New York Mellon | $382,075 | Landsafe Title | |
| Heath Eric | -- | Lawyers Title | |
| Heath Eric | -- | Lawyers Title | |
| Heath Eric | -- | Fidelity National Title Co | |
| Heath Eric R | -- | Fidelity National Title Co | |
| Heath Eric | -- | -- | |
| Heath Eric | -- | Fidelity Title | |
| Clark Emmett J | $285,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Orth Jeremy Jason | $581,900 | |
| Closed | Orth Jeremy Jason | $580,800 | |
| Previous Owner | Mcclellan Robert S | $382,500 | |
| Previous Owner | Heath Eric | $540,000 | |
| Previous Owner | Heath Eric | $410,000 | |
| Previous Owner | Heath Eric R | $290,500 | |
| Previous Owner | Clark Emmett J | $255,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2017 08/30/17 | Sold | $726,000 | +3.7% | $221 / Sq Ft |
| 08/09/2017 08/09/17 | Pending | -- | -- | -- |
| 08/08/2017 08/08/17 | For Sale | $700,000 | 0.0% | $213 / Sq Ft |
| 07/19/2017 07/19/17 | Pending | -- | -- | -- |
| 07/07/2017 07/07/17 | Price Changed | $700,000 | -8.5% | $213 / Sq Ft |
| 06/05/2017 06/05/17 | For Sale | $765,000 | -- | $233 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,131 | $826,059 | $455,130 | $370,929 |
| 2024 | $10,131 | $809,862 | $446,206 | $363,656 |
| 2023 | $9,938 | $793,983 | $437,457 | $356,526 |
| 2022 | $9,482 | $778,416 | $428,880 | $349,536 |
| 2021 | $9,353 | $763,154 | $420,471 | $342,683 |
| 2020 | $9,442 | $755,330 | $416,160 | $339,170 |
| 2019 | $9,075 | $740,520 | $408,000 | $332,520 |
| 2018 | $8,964 | $726,000 | $400,000 | $326,000 |
| 2016 | $6,890 | $551,951 | $281,387 | $270,564 |
| 2015 | $6,792 | $543,661 | $277,161 | $266,500 |
| 2014 | $6,830 | $533,012 | $271,732 | $261,280 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Smith
-
Dave Salzman
Buyer's Agent in 2017
Dave Salzman
Engel & Völkers LA South Bay
(310) 871-5314
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17078268
APN: 7467-005-005
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