NOT LISTED FOR SALE

3737 Bluff Place San Pedro, CA 90731

Estimated Value: $2,608,000 - $3,024,000

12 Beds
4 Baths
6,998 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $1,726,000 $247 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $16,934/month

22 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • No Units Above
  • Private Yard
  • Laundry Room

About This Home

As of March 2016

Welcome to Panoramic Ocean View Casa Cabrillo! Enjoy the sea breezes from this historical, classic, four-unit building overlooking Cabrillo Beach. Absolutely exclusive living for owner occupancy or income investment. The beach is just a few hundred yards away. This approximately 7,000 square foot building offers one 2 bedroom, two 3 bedroom and, one 4 bedroom units and is situated on a 10,787 square foot corner lot. All units are two-stories high, have a view, and each features formal dining, hardwood floors, and their own/shared basements. There are a total of 5 garages and 4 parking spaces which are assigned. The 3737 end unit has a separate private patio and one of the upstairs bedrooms was the captain's look-out room. All of the tenants can enjoy a very spacious terrace for relaxing or barbecuing. A community laundry room is available on the premises.

Last Agent to Sell the Property

Cheryl Watson

Estate Properties License #00607927 Listed on: 01/29/2016

Estate Properties

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,912

Year Built

  • Built in 1937

Lot Details

  • 0.25 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Private Yard
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Parking Lot
  • Assigned Parking

Property Views

  • Ocean
  • Marina
  • Harbor
  • Panoramic
  • Views of Vincent Thomas Bridge

Home Design

  • Property Attached

Interior Spaces

  • 6,998 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 11
  • Tax Tract Number 432
  • Assessor Parcel Number 7467016020

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,100
  • Gross Income $8,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,912

Year Built

Built in 1937

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 7467016020
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 246.64

Exterior Features

  • View: Harbor, Marina, Ocean, Panoramic, Vincent Thomas Bridge, Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Parking Space
  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 10956.00
  • Price Per Lot Square Foot: 157.54
  • Lot Size Acres: 0.2520

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 8401.00
  • Gross Scheduled Income: 100332.00
  • Insurance Expense: 3100.00
  • Lot Size Area: 10956.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 8361.00

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Ross Jack B
Bought by
Ross Jack B
Current Estimated Value
$2,833,010

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 8, 2016
Sold by
Ross Helen Stern
Bought by
Ross Jack B
Seller's Agent
Cheryl Watson
Estate Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,590,000
Sold Price
$1,726,000
Premium/Discount to List
$136,000
8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%

Purchase Details

Listed on
Jan 29, 2016
Closed on
Feb 25, 2016
Sold by
Scribner John and Scribner Robert Bruce
Bought by
Ross Jack B and Regina Ross Living Trust
Seller's Agent
Cheryl Watson
Estate Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,590,000
Sold Price
$1,726,000
Premium/Discount to List
$136,000
8.55%

Purchase Details

Closed on
Dec 16, 2009
Sold by
Scribner Robert Bruce and Scribner John C
Bought by
Scribner Robert Bruce and Scribner John C

Purchase Details

Closed on
May 21, 2009
Sold by
Scribner Robert B and Scribner Margaret L
Bought by
Scribner John and Scribner Robert Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2009
Sold by
Scribner John and Scribner Robert Bruce
Bought by
Scribner Robert B and Scribner Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2007
Sold by
Scribner Md Robert B and The Scribner Family Trust
Bought by
Scribner John and Scribner Robert Bruce

Purchase Details

Closed on
Sep 13, 2007
Sold by
Scribner Dr Robert B and Scribner Margaret L
Bought by
Scribner Md Robert B and Scribner Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Scribner Robert B and Scribner Margaret L
Bought by
Scribner Md Robert B and The Scribner Family Trust

Purchase Details

Closed on
Nov 21, 2001
Sold by
Scribner Robert B and The Scribner Family Trust
Bought by
Scribner Robert B and Scribner Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.63%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Trust Scribner Robert B Tr Robert B Scri
Bought by
Scribner Robert B and Scribner Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.76%
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
Ross Jack B -- None Available
Ross Jack B -- Provident Title Company
Ross Jack B $1,726,000 Provident Title Company
Scribner Robert Bruce -- None Available
Scribner John -- None Available
Scribner Robert B -- None Available
Scribner John -- None Available
Scribner Md Robert B -- Lawyers Title
Scribner Dr Robert B -- Lawyers Title
Scribner Md Robert B -- --
Scribner Robert B -- Stewart Title
Scribner Robert B -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scribner Robert B $310,000
Previous Owner Scribner Dr Robert B $310,000
Previous Owner Scribner Robert B $376,000
Previous Owner Scribner Robert B $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $1,726,000 +8.6% $247 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $1,590,000 -- $227 / 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 $24,912 $2,046,047 $1,334,793 $711,254
2024 $24,912 $2,005,929 $1,308,621 $697,308
2023 $24,434 $1,966,598 $1,282,962 $683,636
2022 $23,276 $1,925,380 $1,256,071 $669,309
2021 $22,966 $1,887,629 $1,231,443 $656,186
2020 $23,195 $1,868,275 $1,218,817 $649,458
2019 $22,282 $1,831,643 $1,194,919 $636,724
2018 $22,130 $1,795,730 $1,171,490 $624,240
2016 $11,338 $905,733 $486,602 $419,131
2015 $11,178 $892,129 $479,293 $412,836
2014 $11,235 $874,655 $469,905 $404,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16019066

California Regional Multiple Listing Service (CRMLS)

APN: 7467-016-020