NOT LISTED FOR SALE

445 W 38th St San Pedro, CA 90731

Estimated Value: $1,170,000 - $1,468,000

5 Beds
5 Baths
2,770 Sq Ft
$483/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2017

Last sale price $960,000 $347 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,210 / mo

18 Days on Market

About This Home

As of December 2017

Hard to find, house + 2 units in the desirable Point Fermin area Less than 200 yards to Cabrillo Beach. See the ocean from your deck. The home has 2 bedrooms + den and 2 baths, partial ocean view, fireplace, recessed lighting, spacious rooms, washer & dryer hook-ups, and is vacant..The two units (1+1) are situated over 2 (2 car garages). Units are spacious with beam ceilings and laundry hook-ups. Property also contains Separate coin laundry room.+ additional small studio/office. Owner is currently occupying a unit and will vacate in January. Several fruit trees on the side of the property. Property is located on a nice block.Subject to the cancellation of current escrow.

Last Agent to Sell the Property

Charles Lazar

Balboa Real Estate, Inc. License #00426953 Listed on: 09/28/2017

Balboa Real Estate, Inc.

Last Buyer's Agent

Karen Anderson

Keller Williams LA Harbor License #01224307

Keller Williams LA Harbor

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,101

Parking

  • 4 Car Garage
  • Driveway
  • Uncovered Parking

Home Design

  • 2,770 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Disposal
  • 6,101 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 7467-018-004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,101 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2770
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 338.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Garage Structures: 2
  • Parking Garage: Driveway, Garage - 4+ Car, Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 374484
  • Assessed Land Value: 302707
  • Assessor Parcel Number: 7467-018-004
  • Geocode Override: No
  • Lot Size Area: 6101

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.67
  • Number Of Units: 3
  • Type Of Units: triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Dec 18, 2017
Sold by
Pietro Robert T Di
Bought by
Choi Ann Mia and Greco Christopher
Seller's Agent
Charles Lazar
Balboa Real Estate, Inc.
Buyer's Agent
Karen Anderson
Keller Williams LA Harbor
List Price
$937,500
Sold Price
$960,000
Premium/Discount to List
$22,500
2.4%
Current Estimated Value
$1,337,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,874
Avg. Annual Appreciation
4.08%
Original Mortgage
$549,000
Outstanding Balance
$462,329
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$875,545

Purchase Details

Listed on
Apr 17, 2013
Closed on
May 17, 2013
Sold by
Us Bank National Association
Bought by
Dipietro Robert T
Seller's Agent
Michael Pinnere
Standard Real Estate Services, Inc.
Buyer's Agent
Gary Comstock
Prime Properties
List Price
$600,000
Sold Price
$651,000
Premium/Discount to List
$51,000
8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$651,000
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Jul 28, 2011
Sold by
Bautista Leonida F
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bautista Leonida F
Bought by
Bautista Leonida F and Bautista Ivan

Purchase Details

Closed on
Aug 26, 2004
Sold by
Bautista Leonida
Bought by
Bautista Leonida F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2002
Sold by
Sumich Diane Rose
Bought by
Bautista Leonida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
8.65%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Gunter Warren A Tr Gunter Family Trust
Bought by
Sumich Diane Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.73%
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
Choi Ann Mia $960,000 Lawyers Title Company
Dipietro Robert T $651,000 Lawyers Title
U S Bank National Association $590,000 None Available
Bautista Leonida F -- None Available
Bautista Leonida F -- Investors Title Company
Bautista Leonida $675,000 Fidelity Title
Sumich Diane Rose $385,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Ann Mia $549,000
Previous Owner Dipietro Robert T $651,000
Previous Owner Bautista Leonida F $600,000
Previous Owner Bautista Leonida $573,750
Previous Owner Sumich Diane Rose $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2017 12/29/17 Sold $960,000 +2.4% $347 / Sq Ft
09/28/2017 09/28/17 For Sale $937,500 +44.0% $338 / Sq Ft
06/28/2013 06/28/13 Sold $651,000 +8.5% $235 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $600,000 -- $217 / Sq Ft
Source: The MLS

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 $13,320 $1,092,311 $637,181 $455,130
2024 $13,320 $1,070,894 $624,688 $446,206
2023 $13,065 $1,049,897 $612,440 $437,457
2022 $12,462 $1,029,312 $600,432 $428,880
2021 $12,303 $1,009,130 $588,659 $420,471
2019 $11,938 $979,200 $571,200 $408,000
2018 $11,829 $960,000 $560,000 $400,000
2017 $8,500 $690,734 $308,761 $381,973
2016 $8,289 $677,191 $302,707 $374,484
2015 $8,169 $667,020 $298,161 $368,859
2014 $8,209 $653,955 $292,321 $361,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-275730

The MLS

APN: 7467-018-004

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