L
Seller's Agent in 2024
Lou Wu
LOU EDWARDS FINANCIAL INC.
(949) 870-2882
2 in this area
47 Total Sales
424 W 2nd St San Pedro, CA 90731
Estimated Value: $1,447,000 - $1,720,787
9
Beds
6
Baths
4,923
Sq Ft
$334/Sq Ft
Est. Value
Highlights
- Ocean View
- Fishing
- Open Floorplan
- San Pedro Senior High School Rated A-
- Primary Bedroom Suite
- Bonus Room
About This Home
As of July 2024BUILT IN 2017, THIS TURNKEY DUPLEX IS NOT SUBJECT TO RENT CONTROL!! A MASSIVE DUPLEX FEATURING TWO UNITS - ONE WITH 5 BEDROOMS, 3 BATHS AND THE OTHER WITH 4 BEDROOMS, 3 BATHS WITH 6 (SIX!) TOTAL PARKING SPACES. IN THE UP AND COMING NEIGHBORHOOD OF SAN PEDRO, STEPS AWAY FROM THE WEST HARBOR DEVELOPMENT (WWW.WESTHARBORLA.COM), A 42 ACRE WATERFRONT DISTRICT WITH AN OUTDOOR AMPHITHEATER AND UPSCALE SHOPPING, DINING, AND HOTELS.
THIS PROPERTY HAS SCENIC VIEWS OF THE OCEAN. BRING ALL BUYERS AND INVESTORS! ONE UNIT IS CURRENTLY RENTED; YOU WILL GET INSTANT INCOME PRODUCING CASH FLOW. YOU CAN LIVE OR RENT OUT THE OTHER! RENT SCHEDULE FROM APPRAISER SHOWS 10,925 IN PRO FORMA RENT.
EXPENSES ARE ESTIMATED.
Last Agent to Sell the Property
LOU EDWARDS FINANCIAL INC. Brokerage Phone: 949-870-2882 License #02154371 Listed on: 06/10/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2017
Lot Details
- 5,001 Sq Ft Lot
- No Common Walls
- Garden
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- 2 Carport Spaces
- Parking Available
- Rear-Facing Garage
Property Views
- Ocean
- Coastline
- Harbor
- City Lights
- Neighborhood
Home Design
- Duplex
- Patio Home
- Entry on the 1st floor
- Turnkey
- Shingle Roof
Interior Spaces
- 4,923 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Recessed Lighting
- Entrance Foyer
- Family Room
- Living Room
- Bonus Room
- Storage
- Vinyl Flooring
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Location
- Urban Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 16 / 2
- Tax Tract Number 296
- Assessor Parcel Number 7449024016
- $520 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Fishing
- Water Sports
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $500
- Insurance Expense $2,000
- Trash Expense $2,000
- Water Sewer Expense $5,000
- New Taxes Expense $20,000
- Operating Expense $29,500
- Gross Income $9,300
- Net Operating Income $111,600
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2024
Closed on
Jul 18, 2024
Sold by
Nirvana Living Trust and Kim Helen
Bought by
See Carson K and Li Ritchie Q
Seller's Agent
Lou Wu
LOU EDWARDS FINANCIAL INC.
Buyer's Agent
Roger Wazny
Sireci Group Inc.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Views
9
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
$95,197
Avg. Annual Appreciation
4.23%
Original Mortgage
$980,000
Outstanding Balance
$967,325
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$677,872
Purchase Details
Closed on
May 8, 2024
Sold by
Do Kevin T
Bought by
Nirvana Living Trust and Do
Purchase Details
Closed on
Feb 8, 2024
Sold by
Do Kevin
Bought by
Kevin Do Living Trust and Do
Purchase Details
Listed on
Apr 1, 2023
Closed on
Apr 26, 2023
Sold by
Wu Lou
Bought by
Kim Helen
Seller's Agent
Mike Vartanian
Legacy Real Estate
Buyer's Agent
Lou Wu
LOU EDWARDS FINANCIAL INC.
List Price
$999,900
Sold Price
$1,120,000
Premium/Discount to List
$120,100
12.01%
Views
306
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$840,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 1, 2023
Closed on
Apr 13, 2023
Sold by
Brown Stagalee T and Revoca Nami
Bought by
Do Kevin and Kim Helen
Seller's Agent
Mike Vartanian
Legacy Real Estate
Buyer's Agent
Lou Wu
LOU EDWARDS FINANCIAL INC.
List Price
$999,900
Sold Price
$1,120,000
Premium/Discount to List
$120,100
12.01%
Views
306
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 6, 2017
Closed on
Feb 6, 2018
Sold by
Santana Investors Llc
Bought by
Brown Stagalee T and Brown Nami T
Seller's Agent
Alicia Mendoza
Real Estate Connection
Buyer's Agent
Alicia Dose-Wild
Century 21 On Target
List Price
$979,000
Sold Price
$950,000
Premium/Discount to List
-$29,000
-2.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$200,000
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 30, 2015
Closed on
May 4, 2016
Sold by
South Bay Developers Llc
Bought by
Santana Investors Llc
Seller's Agent
Kamau Coleman
Synergy Investments Inc
Buyer's Agent
Kamau Coleman
Synergy Investments Inc
List Price
$285,000
Sold Price
$179,500
Premium/Discount to List
-$105,500
-37.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.13%
Purchase Details
Closed on
Jun 27, 2014
Sold by
Hobba Nathan D and Pueschel Eric A
Bought by
South Bay Developers Llc
Purchase Details
Listed on
Mar 11, 2013
Closed on
Dec 31, 2013
Sold by
Hobba Suhalla S
Bought by
Hobba Nathan D
Seller's Agent
Wendy Rich-Soto
Keller Williams Rlty/LA Harbor
Buyer's Agent
Wendy Rich-Soto
Keller Williams Rlty/LA Harbor
List Price
$250,000
Sold Price
$100,000
Premium/Discount to List
-$150,000
-60%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.31%
Purchase Details
Closed on
Nov 1, 2013
Sold by
Cohen Marcia R
Bought by
Hobba Nathan D and Pueschel Eric A
Purchase Details
Closed on
Nov 14, 2011
Sold by
Cohen Marcia F
Bought by
Cohen Marcia F
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 |
|---|---|---|---|
| See Carson K | $1,550,000 | Provident Title Company | |
| Nirvana Living Trust | -- | None Listed On Document | |
| Do Kevin T | -- | None Listed On Document | |
| Kevin Do Living Trust | -- | None Listed On Document | |
| Kim Helen | -- | Lawyers Title Company | |
| Do Kevin | $1,120,000 | Lawyers Title Company | |
| Brown Stagalee T | $950,000 | Western Resources Title Comp | |
| Santana Investors Llc | $190,000 | None Available | |
| South Bay Developers Llc | -- | None Available | |
| Hobba Nathan D | -- | Fidelity National Title | |
| Hobba Nathan D | $100,000 | Fidelity National Title | |
| Cohen Marcia F | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | See Carson K | $980,000 | |
| Previous Owner | Do Kevin | $840,000 | |
| Previous Owner | Brown Stagalee T | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/25/2024 07/25/24 | Sold | $1,550,000 | -3.1% | $315 / Sq Ft | |
| 06/22/2024 06/22/24 | Pending | -- | -- | -- | |
| 06/10/2024 06/10/24 | For Sale | $1,600,000 | +42.9% | $325 / Sq Ft | |
| 05/09/2023 05/09/23 | Sold | $1,120,000 | +12.0% | $228 / Sq Ft | View Prior Sale |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- | |
| 04/01/2023 04/01/23 | For Sale | $999,900 | 0.0% | $203 / Sq Ft | |
| 05/31/2018 05/31/18 | Rented | $3,000 | 0.0% | -- | |
| 04/24/2018 04/24/18 | For Rent | $3,000 | 0.0% | -- | |
| 03/19/2018 03/19/18 | Sold | $950,000 | -3.0% | $226 / Sq Ft | View Prior Sale |
| 01/12/2018 01/12/18 | Pending | -- | -- | -- | |
| 12/06/2017 12/06/17 | For Sale | $979,000 | +445.4% | $233 / Sq Ft | |
| 05/13/2016 05/13/16 | Sold | $179,500 | -37.0% | -- | View Prior Sale |
| 04/28/2016 04/28/16 | Pending | -- | -- | -- | |
| 10/30/2015 10/30/15 | For Sale | $285,000 | +185.0% | -- | |
| 01/06/2014 01/06/14 | Sold | $100,000 | -60.0% | -- | View Prior Sale |
| 11/02/2013 11/02/13 | Pending | -- | -- | -- | |
| 03/11/2013 03/11/13 | For Sale | $250,000 | -- | -- |
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 | $14,226 | $1,550,000 | $1,200,000 | $350,000 |
| 2024 | $14,226 | $1,142,400 | $714,000 | $428,400 |
| 2023 | $12,982 | $1,038,962 | $328,093 | $710,869 |
| 2022 | $12,382 | $1,018,591 | $321,660 | $696,931 |
| 2021 | $12,209 | $998,619 | $315,353 | $683,266 |
| 2019 | $11,501 | $969,000 | $306,000 | $663,000 |
| 2018 | $2,482 | $197,676 | $197,676 | $0 |
| 2016 | $1,780 | $139,796 | $139,796 | $0 |
| 2015 | $1,754 | $137,697 | $137,697 | $0 |
| 2014 | $435 | $26,366 | $26,366 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Wu
-
Roger Wazny
R
Buyer's Agent in 2024
Roger Wazny
Sireci Group Inc.
(949) 525-2747
1 in this area
12 Total Sales
-
Mike Vartanian
Seller's Agent in 2023
Mike Vartanian
Legacy Real Estate
(714) 584-2700
1 in this area
75 Total Sales
-
Gene Tsair
G
Seller Co-Listing Agent in 2023
Gene Tsair
Legacy Real Estate
(714) 644-9500
1 in this area
48 Total Sales
-
Alicia Dose-Wild
Seller's Agent in 2018
Alicia Dose-Wild
Century 21 On Target
(562) 257-8540
27 Total Sales
-
Alicia Mendoza
A
Seller's Agent in 2018
Alicia Mendoza
Real Estate Connection
(626) 915-7377
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24050400
APN: 7449-024-016
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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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