NOT LISTED FOR SALE

351 W 9th St San Pedro, CA 90731

Estimated Value: $1,358,000 - $1,636,000

8 Beds
5 Baths
3,900 Sq Ft
$381/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $915,000 $235 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,049/month

98 Days on Market

About This Home

As of May 2018

SUPER CLEAN 4 UNIT BUILDING A FEW SHORT BLOCKS TO LOS ANGELES HARBOR. NEAR DOWNTOWN REDEVELOPMENT AREA AND WALKING DISTANCE TO THE NEW SAN PEDRO PUBLIC MARKET AND PROMENADE DEVELOPMENT AT PORTS OF CALL. GREAT INVESTMENT OPPORTUNITY. 4 UNIT BUILDING AT 357 W. 9TH STREET ALSO FOR SALE.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 10/12/2017

Last Buyer's Agent

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 10/12/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,134

Year Built

  • Built in 1975

Lot Details

  • 4,480 Sq Ft Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 7455009031

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Fuel Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Trash Expense $900
  • Water Sewer Expense $3,000
  • New Taxes Expense $12,875
  • Operating Expense $21,175
  • Gross Income $81,588
  • Net Operating Income $60,413

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,134

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7455009031
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 234.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 4480.00

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 1200.00
  • Garage Income: 480.00
  • Gross Income: 81588.00
  • Gross Scheduled Income: 81588.00
  • Insurance Expense: 1200.00
  • Maintenance Expense: 1000.00
  • Net Operating Income: 60413.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21175.00
  • Rent Control: Yes
  • Total Actual Rent: 6799.00
  • Total Expenses: 21175.00

Tax Info

  • New Taxes Expense: 12875.00
  • Tax Census Tract: 2971.10
  • Tax Lot: 9999
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2019
Sold by
Sharp
Bought by
Vale7
Current Estimated Value
$1,484,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Outstanding Balance
$1,197,452
Interest Rate
3.75%
Estimated Equity
$287,384

Purchase Details

Listed on
Oct 12, 2017
Closed on
Apr 25, 2018
Sold by
Sharp Dewanna
Bought by
Sharp Mark
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$1,030,000
Sold Price
$915,000
Premium/Discount to List
-$115,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$686,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2017
Closed on
Apr 9, 2018
Sold by
Shulman Steven and Shulman Roslyn
Bought by
Sharp Mark
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$1,030,000
Sold Price
$915,000
Premium/Discount to List
-$115,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1998
Sold by
Trust Rangel Teresa C Tr Teresa C Rangel
Bought by
Shulman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
6.6%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vale7 -- --
Sharp Mark -- Fidelity National Title Comp
Sharp Mark $915,000 Fidelity National Title Com
Shulman Steven $187,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vale7 $1,360,000
Closed Vale7 --
Previous Owner Sharp Mark $686,250
Previous Owner Shulman Steven $140,600
Closed Shulman Steven $28,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $915,000 0.0% $235 / Sq Ft
03/28/2018 03/28/18 Off Market $915,000 -- --
10/31/2017 10/31/17 Price Changed $999,000 -3.0% $256 / Sq Ft
10/12/2017 10/12/17 For Sale $1,030,000 -- $264 / 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 $15,134 $1,235,815 $765,550 $470,265
2024 $15,134 $1,211,585 $750,540 $461,045
2023 $14,845 $1,187,829 $735,824 $452,005
2022 $14,163 $1,164,540 $721,397 $443,143
2021 $13,978 $1,141,706 $707,252 $434,454
2020 $14,116 $1,130,000 $700,000 $430,000
2019 $11,515 $933,300 $612,000 $321,300
2018 $3,553 $258,321 $151,549 $106,772
2017 $3,481 $253,257 $148,578 $104,679
2016 $3,360 $248,292 $145,665 $102,627
2015 $3,316 $244,563 $143,477 $101,086
2014 $3,322 $239,773 $140,667 $99,106
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17235201

California Regional Multiple Listing Service (CRMLS)

APN: 7455-009-031