NOT LISTED FOR SALE

434 W 10th St San Pedro, CA 90731

Estimated Value: $905,000 - $1,049,000

7 Beds
5 Baths
2,488 Sq Ft
$403/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $685,000 $275 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,053/month

20 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Turnkey
  • Laundry Room
  • 4 Car Garage
  • 2-minute walk to Anderson Memorial Playground

About This Home

As of January 2018

Don't Miss this Opportunity to Own cash-flowing Units in San Pedro! 100% Occupied and Performing Triplex on a street that is beaming with pride of ownership and value. Two Buildings on the Lot, Three Units total, 4 Single Car Garages with alley access. Alley does not run all the way through so there is limited traffic going through. Front Building consists of two one-story units with a large front porch entry and front yard. The downstairs unit is 3 bed 2.5 bath 1,200 sq ft, upstairs is 2 bed 1 bath 665 sq ft , and the back upstairs unit above the garages is 2 bed 1 bath 622 sq ft. The interior photos were taken prior to the units being leased, all units are occupied. Units include Laundry Hook-ups, gas appliances, garage parking, and all units are Separately Metered for gas and electricity!! Tenant pays the following utilities: Electricity/Gas/Garbage, landlord is only responsible for water/sewer. Property is conveniently located just a short walk from the downtown business district and developing waterfront. Quick access to freeways, schools, restaurants, shopping, and entertainment! Total Gross Income $54,876.00 / Year!!

Last Agent to Sell the Property

Jessica Nieto

Brooke Realty License #01923684 Listed on: 12/06/2017

Last Buyer's Agent

Alma Del Valle

Lugo Brothers RE License #00956492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,550

Year Built

  • Built in 1923

Lot Details

  • 5,005 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • 2,488 Sq Ft Home
  • Property Attached
  • Turnkey

Kitchen

  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas, insurance, trash collection
  • Tax Lot 15
  • Tax Tract Number 13245
  • Assessor Parcel Number 7455008007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $300
  • Operating Expense $900
  • Net Operating Income $35,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,550

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Zoning: LAR2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7455008007
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 275.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5005.00

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas, Insurance, Trash Collection

Multi Family

  • Gross Scheduled Income: 54252.00
  • Insurance Expense: 600.00
  • Net Operating Income: 35264.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 18988.00
  • Rent Control: Yes
  • Total Actual Rent: 4521.00
  • Total Expenses: 900.00

Tax Info

  • Tax Census Tract: 2971.10
  • Tax Lot: 15
  • Tax Tract Number: 13245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Dec 22, 2017
Sold by
Ih3 Property West Lp
Bought by
Anguiano Jose and Anguiano Alma Rosa
Seller's Agent
Jessica Nieto
Brooke Realty
Buyer's Agent
Alma Del Valle
Lugo Brothers RE
List Price
$650,000
Sold Price
$685,000
Premium/Discount to List
$35,000
5.38%
Current Estimated Value
$1,002,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,237
Avg. Annual Appreciation
5.05%
Original Mortgage
$495,000
Outstanding Balance
$415,769
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$586,468

Purchase Details

Closed on
Nov 8, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Ih3 Property West Lp

Purchase Details

Closed on
Aug 2, 2013
Sold by
Sanchez Juan Manuel
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 13, 2006
Sold by
Sanchez Silvia R
Bought by
Sanchez Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 14, 2006
Sold by
Amerimex & Associates Inc
Bought by
Sanchez Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 17, 2006
Sold by
Catalan David G
Bought by
Amerimex & Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 7, 2005
Sold by
Saputo Giuseppe and Saputo Josephine
Bought by
Catalan David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,250
Interest Rate
9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 7, 2005
Sold by
Onorato Carolina and The Onorato Family Trust Survi
Bought by
Saputo Giuseppe and Saputo Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 12, 2000
Sold by
Onorato Carolina and Onorato Family Trust
Bought by
Onorato Carolina and Onorato Family Trust Survivors

Purchase Details

Closed on
Jan 25, 1999
Sold by
Onorato John J and Onorato Carolina
Bought by
Onorato John J and Onorato Carolina
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
Anguiano Jose $685,000 Fidelity National Title
Ih3 Property West Lp $399,000 Accommodation
Deutsche Bank National Trust Company $462,000 Landsafe Title
Sanchez Juan Manuel -- None Available
Sanchez Juan Manuel $720,000 Security Union Title
Sanchez Juan Manuel $720,000 Security Union Title
Amerimex & Associates -- None Available
Catalan David G $595,000 Fidelity National Title Co
Saputo Giuseppe $505,000 --
Onorato Carolina -- --
Onorato John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anguiano Jose $495,000
Previous Owner Sanchez Juan Manuel $144,000
Previous Owner Sanchez Juan Manuel $576,000
Previous Owner Catalan David G $565,250
Previous Owner Saputo Giuseppe $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $685,000 +5.4% $275 / Sq Ft
12/26/2017 12/26/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $650,000 -- $261 / 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 $9,550 $779,408 $506,332 $273,076
2024 $9,550 $764,126 $496,404 $267,722
2023 $9,369 $749,144 $486,671 $262,473
2022 $8,937 $734,456 $477,129 $257,327
2021 $8,820 $720,056 $467,774 $252,282
2020 $8,906 $712,674 $462,978 $249,696
2019 $8,558 $698,700 $453,900 $244,800
2018 $5,407 $429,865 $172,376 $257,489
2016 $5,149 $413,176 $165,684 $247,492
2015 $5,076 $406,971 $163,196 $243,775
2014 $5,081 $399,000 $160,000 $239,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17270942

California Regional Multiple Listing Service (CRMLS)

APN: 7455-008-007