Seller's Agent in 2019
Brice W. Head, MBA
CBRE, Inc.
(310) 569-3071
1 in this area
21 Total Sales
357 W 9th St San Pedro, CA 90731
Estimated Value: $1,193,000 - $3,142,000
7
Beds
5
Baths
7,800
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- 12 Car Garage
- 1-minute walk to Anderson Memorial Playground
- Cabrillo Avenue Elementary School Rated 9+
About This Home
As of October 20192 contiguous, 4 unit properties (2 APNs) comprising a fully-gated and secured 8 unit property. The buildings have very large units averaging almost 1,000 square feet each. The large 4 Bed units have a private yard and the other units enjoy the use of private balconies. The entire asset was tented and section 1 termite work completed, recently. In addition, new water heaters were recently installed. Also, the property's rental income is largely guaranteed every month. All units are Section 8, which means the income comes early every month without fail. Even better, all units are eligible for an increase - the allowable "city of LA" increase for 2019-2020 is 4%. And if you got rents to the maximum allowable, by Section 8, you'd be clicking along at over a 6% cap.
Last Agent to Sell the Property
CBRE, Inc. License #01330706 Listed on: 05/08/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 8,960
Parking
- 12 Car Garage
Interior Spaces
- 7,800 Sq Ft Home
- 2-Story Property
- Oven or Range
Additional Features
- 8,960 Sq Ft Lot
- Forced Air Heating System
Community Details
- 2 Buildings
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 7455-009-030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Sep 9, 2019
Sold by
Sharp Mark
Bought by
The Vale 7642 Llc
Seller's Agent
Brice W. Head, MBA
CBRE, Inc.
Buyer's Agent
Brice W. Head, MBA
CBRE, Inc.
List Price
$2,499,000
Sold Price
$2,260,000
Premium/Discount to List
-$239,000
-9.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,571
Avg. Annual Appreciation
-0.66%
Original Mortgage
$1,360,000
Outstanding Balance
$1,188,796
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$977,633
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
$999,000
Sold Price
$915,000
Premium/Discount to List
-$84,000
-8.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.76%
Original Mortgage
$686,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 12, 2017
Closed on
Apr 10, 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
$999,000
Sold Price
$915,000
Premium/Discount to List
-$84,000
-8.41%
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
Apr 26, 2004
Sold by
Shulman Steven and Shulman Roslyn
Bought by
Shulman Steven and Shulman Roslyn
Purchase Details
Closed on
Dec 28, 2001
Sold by
Shulman Steven and The Shulman Family Trust
Bought by
Shulman Steven and Shulman Roslyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,450
Interest Rate
6.73%
Purchase Details
Closed on
Oct 19, 1998
Sold by
Trust Rangel Teresa C Tr Teresa C Rangel
Bought by
Shulman Steven and Shulman Roslyn Kay
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%
Purchase Details
Closed on
Sep 7, 1994
Sold by
Rangel Teresa Ch
Bought by
The Teresa Ch Rangel Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Vale 7642 Llc | $2,260,000 | Progressive Title | |
| Sharp Mark | -- | Fidelity National Title Comp | |
| Sharp Mark | $915,000 | Fidelity National Title Com | |
| Shulman Steven | -- | -- | |
| Shulman Steven | -- | -- | |
| Shulman Steven | $187,500 | Fidelity National Title Ins | |
| Shulman Steven | -- | Fidelity National Title Ins | |
| The Teresa Ch Rangel Family Trust | -- | -- | |
| The Teresa Ch Rangel Family Trust | -- | -- | |
| The Teresa Ch Rangel Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | The Vale 7642 Llc | $1,360,000 | |
| Previous Owner | Sharp Mark | $686,250 | |
| Previous Owner | Shulman Steven | $268,450 | |
| 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 | Prior Sale |
|---|---|---|---|---|---|
| 10/25/2019 10/25/19 | Sold | $2,260,000 | -5.8% | $290 / Sq Ft | |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- | |
| 07/02/2019 07/02/19 | Price Changed | $2,399,000 | -4.0% | $308 / Sq Ft | |
| 05/08/2019 05/08/19 | For Sale | $2,499,000 | +173.1% | $320 / Sq Ft | |
| 05/31/2018 05/31/18 | Sold | $915,000 | 0.0% | $235 / Sq Ft | View Prior Sale |
| 03/21/2018 03/21/18 | Off Market | $915,000 | -- | -- | |
| 10/31/2017 10/31/17 | Price Changed | $975,000 | -2.4% | $250 / Sq Ft | |
| 10/12/2017 10/12/17 | For Sale | $999,000 | -- | $256 / Sq Ft |
Source: The MLS
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 | $15,139 | $1,235,815 | $765,550 | $470,265 |
| 2024 | $15,139 | $1,211,585 | $750,540 | $461,045 |
| 2023 | $14,850 | $1,187,829 | $735,824 | $452,005 |
| 2022 | $14,168 | $1,164,540 | $721,397 | $443,143 |
| 2021 | $13,983 | $1,141,706 | $707,252 | $434,454 |
| 2020 | $14,121 | $1,130,000 | $700,000 | $430,000 |
| 2019 | $11,520 | $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
-
Brice W. Head, MBA
-
Fred DiBernardo
Seller's Agent in 2018
Fred DiBernardo
Fred DiBernardo
(310) 832-4572
85 in this area
132 Total Sales
Map
Source: The MLS
MLS Number: 19-463592
APN: 7455-009-030
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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