L
Seller's Agent in 2021
Lou Meza
Archuleta Realty
(562) 900-4009
1 in this area
6 Total Sales
382 W 12th St San Pedro, CA 90731
Estimated Value: $1,043,314 - $1,304,000
6
Beds
5
Baths
2,354
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Landscaped
- Ceiling Fan
- Laundry Room
- Water Purifier
- 4-minute walk to Anderson Memorial Playground
About This Home
As of July 2021Excellent property, well maintained and managed. Property consists of 5 units, three buildings. First building is a 2x1 house with front porch and backyard. Second building is a duplex with 2-2x1 units. Third building is a duplex with two singles. Each unit has a private front deck (average 100-150 sq. ft.) and four units have laundry hook-ups. All units have separate front and back door entries. Property has secure fencing and entry gates. This is a low maintenance property with low expenses. Tenants pay their own gas, electricity and trash. Property is near Ports O' Call, Downtown and Marina. There is easy access to freeways; cross the St. Vincent Thomas bridge and you have access to Long Beach Convention Center, Pine Street and Waterfront Restaurants. Property is located in a strong rental area. Responsible paying tenants occupy this building and continue to pay rent as agreed even during this COVID 19 pandemic. This asset is positioned to take advantage of the ongoing revitalization of Downtown San Pedro and Enhancement of the Waterfront. All Lateral plumbing pipes are copper. All vertical plumbing pipes copper with exception of unit 382 bathroom and unit 384 1/2 bathroom and laundry room. Owner will cooperate with 1031 exchanges. House new roof March 2020.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,656
Year Built
- Built in 1924
Lot Details
- 5,004 Sq Ft Lot
- 1 Common Wall
- Security Fence
- Wrought Iron Fence
- Block Wall Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Back Yard
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 2,354 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room with Fireplace
- Fire and Smoke Detector
Kitchen
- Gas Oven
- Gas Cooktop
- Recirculated Exhaust Fan
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Gas Water Heater
- Water Purifier
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 22 / 35
- Tax Tract Number 13245
- Assessor Parcel Number 7456006022
Community Details
Overview
- 3 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $1,850
- Other Expense $684
- Professional Management Expense $4,308
- Water Sewer Expense $2,473
- New Taxes Expense $10,736
- Operating Expense $20,771
- Gross Income $74,028
- Net Operating Income $51,037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2025
Sold by
Erland Michael F
Bought by
Michael Erland Trust and Erland
Current Estimated Value
Purchase Details
Listed on
Mar 19, 2021
Closed on
Jul 23, 2021
Sold by
Ciancola Anthony
Bought by
Erland Michael F
Seller's Agent
Lou Meza
Archuleta Realty
Buyer's Agent
Marty Stone
BUCKINGHAM INVESTMENTS
List Price
$976,000
Sold Price
$953,000
Premium/Discount to List
-$23,000
-2.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$614,000
Interest Rate
2.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2015
Sold by
Griswold Keiko Kokubo and The Survivors Trust Under The
Bought by
Ciancola Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
3.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 6, 2009
Sold by
Griswold Keiko Kokubo and The Earl William & Keiko Kokub
Bought by
Griswold Keiko Kokubo and The Griswold Family Trust
Purchase Details
Closed on
Apr 12, 2002
Sold by
Griswold E W and Griswold Family Trust
Bought by
Griswold Earl William and Griswold Keiko Kokubo
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michael Erland Trust | -- | None Listed On Document | |
| Erland Michael F | $953,000 | Chicago Title | |
| Ciancola Anthony | $599,000 | Progressive Title Co | |
| Griswold Keiko Kokubo | -- | None Available | |
| Griswold Keiko Kokubo | -- | None Available | |
| Griswold Earl William | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Erland Michael F | $614,000 | |
| Previous Owner | Ciancola Anthony | $418,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2021 07/28/21 | Sold | $953,000 | -2.4% | $405 / Sq Ft | |
| 03/19/2021 03/19/21 | For Sale | $976,000 | +2.4% | $415 / Sq Ft | |
| 12/01/2020 12/01/20 | Off Market | $953,000 | -- | -- | |
| 05/23/2015 05/23/15 | Sold | $599,000 | -6.3% | $254 / Sq Ft | View Prior Sale |
| 03/02/2015 03/02/15 | Pending | -- | -- | -- | |
| 09/10/2014 09/10/14 | For Sale | $639,000 | -- | $271 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,656 | $1,011,330 | $679,173 | $332,157 |
| 2024 | $12,656 | $991,501 | $665,856 | $325,645 |
| 2023 | $12,420 | $972,060 | $652,800 | $319,260 |
| 2022 | $11,862 | $953,000 | $640,000 | $313,000 |
| 2021 | $8,553 | $665,077 | $299,783 | $365,294 |
| 2020 | $8,633 | $658,259 | $296,710 | $361,549 |
| 2019 | $8,312 | $645,353 | $290,893 | $354,460 |
| 2018 | $8,213 | $632,700 | $285,190 | $347,510 |
| 2017 | $8,008 | $620,296 | $279,599 | $340,697 |
| 2016 | $7,820 | $608,134 | $274,117 | $334,017 |
| 2015 | $4,325 | $314,805 | $187,230 | $127,575 |
| 2014 | -- | $308,639 | $183,563 | $125,076 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Meza
-
Marty Stone
Buyer's Agent in 2021
Marty Stone
BUCKINGHAM INVESTMENTS
(310) 322-9763
2 in this area
8 Total Sales
-
Jeremy Howard
Seller's Agent in 2015
Jeremy Howard
EMBARQ
(704) 607-8012
17 Total Sales
-
Chris Stone
C
Buyer's Agent in 2015
Chris Stone
Buckingham Investments, Inc.
(562) 624-4400
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20249607
APN: 7456-006-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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