NOT LISTED FOR SALE

362 W 10th St San Pedro, CA 90731

Estimated Value: $1,007,000 - $1,316,000

5 Beds
3 Baths
3,091 Sq Ft
$375/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $682,000 $221 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,888/month

64 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 2-minute walk to Anderson Memorial Playground

About This Home

As of March 2017

This 3 unit property is located near the historic "Vinegar Hill" area and is on a wonderful street that is adorned with charming early 1900s vintage homes that with tons of character! Perfect opportunity for an owner-occupant, multiple-family purchase, or cash flowing investment! Main structure offers two large units with approx. 1300 sq ft of living area per unit. Each unit offers a living room with a fireplace, large formal dining room, bright upgraded kitchen, remodeled bathroom and two bedrooms. There are also wide-plank hardwood floors and the large molding/built-ins that are typical of early 1900s construction. There's also a 1 car garage and community laundry room. Unit Mix Consists of (1) 1bed/1bath 540 Sq Ft leased at $1,025/mo through December 2016, (1) 2bed/1bath 1109 Sq Ft. leased at $1,666/mo Month to Month and (1) 2bed/1bath 1442 Sq Ft. leased at $1,642/mo through December 2016. Property is conveniently located just a short walk from the downtown business district and developing waterfront. This is a vintage property that has been Tastefully Restored and Upgraded! All information is deemed reliable but not guaranteed, buyer is responsible for performing a diligent investigation and satisfying self prior to close.

Last Agent to Sell the Property

Jessica Nieto

Brooke Realty License #01923684 Listed on: 11/09/2016

Last Buyer's Agent

John DiMassa

Century 21 Union Realty License #00663430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,749

Year Built

  • Built in 1924

Lot Details

  • 5,005 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • 3,091 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2971
  • Assessor Parcel Number 7455009018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $18,198
  • Net Operating Income $33,797

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,749

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7455009018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 220.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5005.00

Multi Family

  • Gross Scheduled Income: 51996.00
  • Net Operating Income: 33797.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 18198.00
  • Operating Expense Percent: 35.00
  • Rent Control: Yes
  • Total Actual Rent: 51996.00
  • Total Expenses: 18198.00

Tax Info

  • Tax Census Tract: 2971.10
  • Tax Lot: 19
  • Tax Tract Number: 2971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2016
Sold by
Ih2 Property Trs 2 Lp
Bought by
Wirontono Christian
Current Estimated Value
$1,158,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2016
Sold by
Ih2 Property West Lp
Bought by
Ih2 Property Trs 2 Lp

Purchase Details

Closed on
Mar 1, 2016
Sold by
2015-3 Ih2 Borrower Lp
Bought by
Ih2 Property West Lp

Purchase Details

Closed on
Jun 19, 2015
Sold by
Ih2 Property West Lp
Bought by
2015-3 Ih2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,395,000
Interest Rate
3.83%
Mortgage Type
Loan Amount Between One & Nine Billion

Purchase Details

Listed on
Jun 30, 2013
Closed on
Jul 23, 2013
Sold by
Perdomo Eduardo and Valle Jason Rigoberto
Bought by
Jh2 Property West Lp
Seller's Agent
Georgelina Quintana
Quintana Realty
Buyer's Agent
Marie Peters
Peters Realty Group
List Price
$583,000
Sold Price
$560,000
Premium/Discount to List
-$23,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Perdomo Eduado
Bought by
Perdomo Eduardo and Valle Jason Rigoberto

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jul 11, 2012
Sold by
Yoshida Perdomo Sandra
Bought by
Perdomo Eduardo
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Peter Rua
Quintana Realty
List Price
$434,000
Sold Price
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$325,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jun 19, 2012
Sold by
Reed Michael
Bought by
Perdomo Eduardo
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Peter Rua
Quintana Realty
List Price
$434,000
Sold Price
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2001
Sold by
Tilley Louis E
Bought by
Reed Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,670
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tilley Louis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
7.75%

Purchase Details

Closed on
Jan 8, 1997
Sold by
Homeside Lending Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 7, 1997
Sold by
Brown Maxine D and Bechard David W
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
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
Wirontono Christian $685,000 Fidelity National Title
Ih2 Property Trs 2 Lp -- None Available
Ih2 Property West Lp -- None Available
2015-3 Ih2 Borrower Lp -- Fidelity Natl Title Group
Jh2 Property West Lp $560,000 Fidelity National Title
Perdomo Eduardo -- Accommodation
Perdomo Eduardo -- Fidelity National Title Co
Perdomo Eduardo $434,000 Fidelity National Title Co
Reed Michael $239,000 Southland Title
Tilley Louis E $122,000 First American Title
Federal Home Loan Mortgage Corporation -- First Southwestern Title Co
Homeside Lending Inc $150,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wirontono Christian $390,000
Previous Owner 2015-3 Ih2 Borrower Lp $119,395,000
Previous Owner Perdomo Eduardo $325,500
Previous Owner Perdomo Eduardo $325,500
Previous Owner Reed Michael $235,670
Previous Owner Tilley Louis E $85,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2017 03/03/17 Sold $682,000 +4.9% $221 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $650,000 +16.1% $210 / Sq Ft
08/05/2013 08/05/13 Sold $560,000 -3.9% $181 / Sq Ft View Prior Sale
07/20/2013 07/20/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $583,000 +34.3% $189 / Sq Ft
07/20/2012 07/20/12 Sold $434,000 0.0% $140 / Sq Ft View Prior Sale
06/13/2012 06/13/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $434,000 -- $140 / 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 $9,749 $794,994 $417,807 $377,187
2024 $9,749 $779,407 $409,615 $369,792
2023 $9,563 $764,126 $401,584 $362,542
2022 $9,122 $749,144 $393,710 $355,434
2021 $8,999 $734,456 $385,991 $348,465
2020 $9,086 $726,926 $382,034 $344,892
2019 $8,731 $712,674 $374,544 $338,130
2018 $8,657 $698,700 $367,200 $331,500
2016 $7,162 $579,897 $258,883 $321,014
2015 $7,059 $571,188 $254,995 $316,193
2014 $7,069 $560,000 $250,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16740453

California Regional Multiple Listing Service (CRMLS)

APN: 7455-009-018