NOT LISTED FOR SALE

369 W 13th St San Pedro, CA 90731

Estimated Value: $716,000 - $1,000,000

4 Beds
4 Baths
1,936 Sq Ft
$465/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2017

Last sale price $637,500 $329 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,559 / mo

88 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • Granite Countertops
  • San Pedro Senior High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of February 2017

If you are looking to purchase an owner occupied 4-plex, NOW is the time. One unit is vacant (371), but just went up for rent asking $1250. Great income producing 4-plex in the heart of San Pedro. All 1 bedroom 1 bath. 3 units have been recently upgraded. 3 units have original wood floors and 1 unit has laminate. Close to the Port of LA and Long Beach, transportation, downtown San Pedro. There is a nice sized shed at back of property with small yard. Front unit has a nice yard in front, as well. Many fruit trees. Well maintained and charming property with ceiling fans and walk-in closets. Unit 369 has been updated and rented at $1200. Pictures of units 369, 371 (vacant), and 375 reflect updated units prior to tenants moving in in 2017, 2017 (vacant) and 2015.

Last Agent to Sell the Property

Linette Woodland

Century 21 Coastal Properties License #01323585 Listed on: 10/28/2016

Century 21 Coastal Properties

Last Buyer's Agent

Craig Poturalski

Seven Gables Real Estate License #01912281

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,000 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Chair Railings
  • Family Room

Kitchen

  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Additional Features

  • Solar Water Heater
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • Legal Lot and Block 2 / 33
  • Tax Tract Number 2971
  • Assessor Parcel Number 7456014002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $894
  • Other Expense $1,011
  • Water Sewer Expense $3,600
  • New Taxes Expense $8,437
  • Operating Expense $14,142
  • Gross Income $47,016
  • Net Operating Income $43,255

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7456014002
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Interior Amenities: Chair Railings, Granite Counters, Laminate Counters
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 329.29
  • Room Type: Family Room, Kitchen, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Solar Hot Water
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Gross Income: 47016.00
  • Gross Scheduled Income: 47016.00
  • Insurance Expense: 894.00
  • Net Operating Income: 43255.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Disposal: 2
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 3
  • Operating Expense: 3761.00
  • Other Expense: 1011.00
  • Other Expense Description: gas
  • Rent Control: Yes
  • Total Actual Rent: 2718.00
  • Total Expenses: 14142.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8437.00
  • Tax Block: 33
  • Tax Census Tract: 2971.10
  • Tax Lot: 2
  • Tax Tract Number: 2971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Vennemeyer Paul John
Bought by
Vennemeyer Paul and Paul Vennemeyer Revocable Trus
Current Estimated Value
$900,268

Purchase Details

Listed on
Oct 28, 2016
Closed on
Feb 1, 2017
Sold by
Butler Earl D
Bought by
Vennemeyer Paul John
Seller's Agent
Linette Woodland
Century 21 Coastal Properties
Buyer's Agent
Craig Poturalski
Seven Gables Real Estate
List Price
$675,000
Sold Price
$637,500
Premium/Discount to List
-$37,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$473,000
Outstanding Balance
$391,624
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$508,644

Purchase Details

Closed on
Oct 19, 2012
Sold by
Woodland William O
Bought by
Woodland William O and Woodland Linette

Purchase Details

Closed on
Mar 22, 2002
Sold by
Medina Lydia Ann
Bought by
Butler Earl D and Butler Geraldine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
7.13%

Purchase Details

Closed on
Jun 28, 2001
Sold by
Vargas Lydia Ann
Bought by
Vargas Lydia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.21%

Purchase Details

Closed on
Dec 1, 1999
Sold by
Vega Hiram
Bought by
Vega Lydia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.68%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Barich Margaret
Bought by
Vega Lydia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Vennemeyer Paul -- Accommodation
Vennemeyer Paul John $637,500 None Available
Woodland William O -- None Available
Butler Earl D $242,000 First American Title Co
Vargas Lydia Ann -- Investors Title Company
Vega Lydia Ann -- Fidelity Title
Vega Lydia Ann $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Vennemeyer Paul John $473,000
Previous Owner Butler Earl D $181,500
Previous Owner Vargas Lydia Ann $184,000
Previous Owner Vega Lydia Ann $140,000
Closed Vega Lydia Ann $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $637,500 -1.9% $329 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
11/29/2016 11/29/16 Price Changed $650,000 -3.7% $336 / Sq Ft
10/28/2016 10/28/16 For Sale $675,000 -- $349 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,093 $739,867 $464,232 $275,635
2024 $9,093 $725,361 $455,130 $270,231
2023 $8,920 $711,139 $446,206 $264,933
2022 $8,511 $697,196 $437,457 $259,739
2021 $8,403 $683,527 $428,880 $254,647
2020 $8,486 $676,519 $424,483 $252,036
2019 $8,155 $663,255 $416,160 $247,095
2018 $8,080 $650,250 $408,000 $242,250
2016 $3,870 $301,985 $207,150 $94,835
2015 $3,816 $297,450 $204,039 $93,411
2014 $3,820 $291,625 $200,043 $91,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16735435

California Regional Multiple Listing Service (CRMLS)

APN: 7456-014-002

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