NOT LISTED FOR SALE

451 W 18th St San Pedro, CA 90731

Estimated Value: $962,000 - $1,204,000

5 Beds
3 Baths
2,468 Sq Ft
$433/Sq Ft Est. Value

Last Sold March 09, 2015

Last sale price $560,000 $227 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,460/month

140 Days on Market

About This Home

As of March 2015

A "Well Maintained" upgraded triplex. Two - 2 Bedrooms. One - 1 Bedroom. Two - 1 car garages and Two - uncovered parking spaced. Great rents. Reliable tenants. Common area. Gated. Low maintenance. Pride of ownership type of property. Back 2 bedroom over 2 car garage was built after 1983 and not subject to the laws of rent control (Buyer to verify). Also for sale the adjacent house next door 459 W. 18th Street.

Last Agent to Sell the Property

Carol Anne Mills

Keller Williams Realty License #01336814 Listed on: 09/04/2014

Keller Williams Realty

Last Buyer's Agent

Phyllis Weitzman

Estate Properties License #00597460

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,667

Year Built

  • Built in 1928

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 2,468 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2240
  • Assessor Parcel Number 7456029008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $1,260
  • New Taxes Expense $7,062
  • Gross Income $3,860
  • Net Operating Income $36,898

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,667

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.45
  • Other Phone Number: 310-701-2486
  • Property Attached: No
  • Water Sewer Expenses: 1260.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 7456029008
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 226.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Available

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Multi Family

  • Gross Income: 3860.00
  • Gross Multiplier: 12.30
  • Gross Scheduled Income: 46320.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 36898.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9422.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7062.00
  • Tax Lot: 7
  • Tax Tract Number: 2240
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Cherie T Hampton Living Trust and Hampton Cherie T
Bought by
Hampton Cherie T
Current Estimated Value
$1,069,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,332
Outstanding Balance
$628,715
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$440,952

Purchase Details

Closed on
Dec 8, 2020
Sold by
Hampton Cherie T
Bought by
2020 Cherie T Hampton Living Trust and Hampton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,332
Outstanding Balance
$628,715
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$440,952

Purchase Details

Closed on
Feb 18, 2020
Sold by
Hampton Cherie T
Bought by
Hampton Cherie T and The 2020 Cherie T Hampton Livi

Purchase Details

Closed on
Apr 27, 2018
Sold by
Engeln Paul and Engeln Michelle
Bought by
Hampton Cherie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,021
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Sep 4, 2014
Closed on
Mar 10, 2015
Sold by
Engeln Paul and Engeln Michelle
Bought by
Engeln Family Trust
Seller's Agent
Carol Anne Mills
Keller Williams Realty
Buyer's Agent
Phyllis Weitzman
Estate Properties
List Price
$699,000
Sold Price
$560,000
Premium/Discount to List
-$139,000
-19.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$308,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 4, 2014
Closed on
Feb 4, 2015
Sold by
Brechner Leni C
Bought by
Engeln Paul and Engeln Michelle
Seller's Agent
Carol Anne Mills
Keller Williams Realty
Buyer's Agent
Phyllis Weitzman
Estate Properties
List Price
$699,000
Sold Price
$560,000
Premium/Discount to List
-$139,000
-19.89%

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
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2007
Sold by
Giannola Giuseppe and Giannola Bobbi
Bought by
Brechner Leni C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,250
Interest Rate
8.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2005
Sold by
Giannola Giuseppe
Bought by
Giannola Giuseppe and Giannola Bobbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,167
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 6, 2001
Sold by
Giannola Antonio and Giannola Mary Grace
Bought by
Giannola Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.19%
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
Hampton Cherie T -- Amrock
2020 Cherie T Hampton Living Trust -- Amrock
Hampton Cherie T -- Amrock Llc
Hampton Cherie T -- None Available
Hampton Cherie T $695,000 North American Title
Engeln Family Trust -- First American Title Company
Engeln Paul $560,000 First American Title Company
Brechner Leni C $619,000 Fidelity National Title Co
Giannola Giuseppe -- First American Title
Giannola Giuseppe $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Cherie T $703,332
Closed Hampton Cherie T $703,332
Previous Owner Hampton Cherie T $706,021
Previous Owner Engeln Paul $308,000
Previous Owner Brechner Leni C $464,250
Previous Owner Giannola Giuseppe $374,167
Previous Owner Giannola Giuseppe $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2015 03/09/15 Sold $560,000 -19.9% $227 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
09/04/2014 09/04/14 For Sale $699,000 -- $283 / 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 $9,667 $790,784 $512,020 $278,764
2024 $9,667 $775,280 $501,981 $273,299
2023 $9,482 $760,080 $492,139 $267,941
2022 $9,044 $745,178 $482,490 $262,688
2021 $8,843 $730,568 $473,030 $257,538
2020 $8,930 $723,078 $468,180 $254,898
2019 $8,578 $708,900 $459,000 $249,900
2018 $7,339 $591,506 $327,441 $264,065
2017 $132 $579,909 $321,021 $258,888
2016 $7,000 $568,539 $314,727 $253,812
2015 $6,303 $510,000 $286,900 $223,100
2014 $6,433 $510,000 $286,900 $223,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14191065

California Regional Multiple Listing Service (CRMLS)

APN: 7456-029-008