NOT LISTED FOR SALE

431 W 2nd St San Pedro, CA 90731

Estimated Value: $778,740 - $847,000

4 Beds
4 Baths
1,600 Sq Ft
$508/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $500,000 $312 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,911/month

86 Days on Market

Highlights

  • Private Yard
  • 4 Attached Carport Spaces
  • Barbed Wire
  • San Pedro Senior High School Rated A-

About This Home

As of May 2017

Great opportunity!! 4-Unit building near the heart of the San Pedro Harbor. Located within walk-in distance to the soon to be renovated LA Waterfront. The LA times announced the city will spend 1 billion dollars redoing the waterfront by 2020. Each unit has 1bedroom, 1bathroom, come see it before its gone!

Last Agent to Sell the Property

Davi Nogueira

Coldwell Banker Realty License #01991473 Listed on: 12/06/2016

Coldwell Banker Realty

Last Buyer's Agent

Juan Moreno

New Aim Funding Inc. License #02009893

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,001 Sq Ft Lot
  • Two or More Common Walls
  • Barbed Wire
  • Private Yard
  • Back Yard

Home Design

  • 1,600 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 2008
  • Tax Tract Number 296220
  • Assessor Parcel Number 7455001011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7455001011
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 312.50

Exterior Features

  • Fence: Yes
  • Fencing: Barbed Wire
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 5001.00

Multi Family

  • Gross Scheduled Income: 34320.00
  • 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: 34320.00

Tax Info

  • Tax Census Tract: 2962.20
  • Tax Lot: 2008
  • Tax Tract Number: 296220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Villacorta Carlos
Bought by
Ramirez Jessica
Current Estimated Value
$812,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$567,930
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$244,505

Purchase Details

Closed on
Mar 3, 2017
Sold by
Salem Galal and The Salem Family Trust
Bought by
Villacorta Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2013
Sold by
Salem Md Galal
Bought by
The Salem Family Trust

Purchase Details

Closed on
Mar 8, 2013
Sold by
Bank Of Ameria Na
Bought by
Salem Galal N

Purchase Details

Closed on
Mar 6, 2013
Sold by
Megahed Douaa M
Bought by
Salem Galal N

Purchase Details

Closed on
Aug 31, 2012
Sold by
Comstock Gary L and Mckee Kris
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 28, 2006
Sold by
Comstock Gary L
Bought by
Comstock Gary L and Mckee Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2006
Sold by
Mckee Kris
Bought by
Comstock Gary L

Purchase Details

Closed on
Oct 21, 2005
Sold by
Samayoa Erik
Bought by
Mckee Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
10.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 2004
Sold by
Freitas Keith A and Freitas Irene M
Bought by
Samayoa Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
Funiciello Francesco and Funiciello Linda
Bought by
Freitas Keith A and Freitas Irene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,200
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramirez Jessica $650,000 Provident Title Company
Villacorta Carlos $500,000 Lawyers Title
The Salem Family Trust -- None Available
Salem Galal N $205,000 None Available
Salem Galal N -- None Available
Bank Of America Na $265,500 Landsafe Title
Comstock Gary L -- First American Title
Comstock Gary L -- None Available
Mckee Kris $510,000 Fatcola
Samayoa Erik $350,000 First American Title Co
Freitas Keith A $189,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jessica $638,226
Previous Owner Villacorta Carlos $490,943
Previous Owner Comstock Gary L $427,000
Previous Owner Mckee Kris $510,000
Previous Owner Samayoa Erik $280,000
Previous Owner Freitas Keith A $158,200
Closed Freitas Keith A $20,000
Closed Samayoa Erik $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $500,000 +0.2% $313 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $499,000 -0.2% $312 / Sq Ft
01/27/2017 01/27/17 Off Market $500,000 -- --
01/24/2017 01/24/17 For Sale $499,000 -0.2% $312 / Sq Ft
12/31/2016 12/31/16 Off Market $500,000 -- --
12/31/2016 12/31/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $499,000 -- $312 / 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 $8,717 $703,578 $487,093 $216,485
2024 $8,717 $689,784 $477,543 $212,241
2023 $8,552 $676,260 $468,180 $208,080
2022 $8,163 $663,000 $459,000 $204,000
2021 $8,062 $650,000 $450,000 $200,000
2020 $6,788 $530,603 $318,362 $212,241
2019 $6,529 $520,200 $312,120 $208,080
2018 $6,439 $510,000 $306,000 $204,000
2017 $2,931 $217,510 $186,423 $31,087
2016 $2,853 $213,246 $182,768 $30,478
2015 $2,816 $210,044 $180,023 $30,021
2014 $2,817 $205,930 $176,497 $29,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16758605

California Regional Multiple Listing Service (CRMLS)

APN: 7455-001-011

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