NOT LISTED FOR SALE

485 N Walker Ave San Pedro, CA 90732

Estimated Value: $906,000 - $1,037,000

3 Beds
2 Baths
1,375 Sq Ft
$702/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $642,000 $467 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,782/month

68 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Private Yard
  • Rudecinda Sepulveda Dodson Middle Rated A-
  • Corner Lot
  • 5-minute walk to Rena Park

About This Home

As of September 2017

PERFECT OPPORTUNITY FOR AN OWNER-OCCUPANT! Two super charming Spanish stucco homes on an elevated corner lot in Prime Holy Trinity location. New owner can move right into the 2 bedroom 1 bath main home while collecting rent from the house in the back. Both homes feature hardwood floors throughout, bright kitchen with tile counters and flooring, laundry room and private patio. Rear house is very similar to the front house and offers 1 bedroom and 1 bathroom. Both homes come with a 1 car garage. This one makes perfect sense for a first-time buyer who can use the $1433 rent from the rear house to subsidize the mortgage payment. A super sweet property!

Last Agent to Sell the Property

Gary Krill

Compass License #01086159 Listed on: 05/19/2017

Compass

Last Buyer's Agent

Gary Krill

Compass License #01086159 Listed on: 05/19/2017

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,755

Year Built

  • Built in 1930

Lot Details

  • 4,802 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Spanish Tile Roof
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,375 Sq Ft Home
  • Awning
  • Free-Standing Range
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 190
  • Tax Tract Number 3476
  • Assessor Parcel Number 7446004013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Water Sewer Expense $2,500
  • New Taxes Expense $7,800
  • Operating Expense $12,700
  • Gross Income $3,533
  • Net Operating Income $29,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,755

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.60
  • Property Attached: No
  • Water Sewer Expenses: 2500.00
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7446004013
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 466.91

Exterior Features

  • Foundation: Raised
  • Exterior Features: Awning(s)
  • Pool Private: No
  • Roof: Spanish Tile, Tar/Gravel
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Yard
  • Lot Size Sq Ft: 4802.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 628 Square Feet
  • Average2 Bed Area: 747 Square Feet
  • Gross Income: 3533.00
  • Gross Multiplier: 15.30
  • Gross Scheduled Income: 42396.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 29696.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12700.00
  • Rent Control: Yes
  • Total Actual Rent: 3533.00
  • Total Expenses: 12700.00

Tax Info

  • New Taxes Expense: 7800.00
  • Tax Census Tract: 2964.02
  • Tax Lot: 190
  • Tax Tract Number: 3476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jul 29, 2017
Sold by
Crescent Street Partners Llc
Bought by
Zavala David Lino
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Gary Krill
Compass
List Price
$649,000
Sold Price
$642,000
Premium/Discount to List
-$7,000
-1.08%
Current Estimated Value
$965,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,237
Avg. Annual Appreciation
5.12%
Original Mortgage
$460,000
Outstanding Balance
$383,834
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$581,403

Purchase Details

Closed on
Jan 22, 2009
Sold by
Doolin Kris E and Werfelmann Brian A
Bought by
Crescent Street Partners Llc

Purchase Details

Closed on
Jul 31, 2008
Sold by
Bulaich Lori
Bought by
Bulaich John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Doolin Kris E and Werfelmann Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
Ramirez Carlos Manuel and Ramirez Frances T
Bought by
Deutsche Bank National Trust Co and First Franklin Mortgage Loan Trust 2006-

Purchase Details

Closed on
Nov 10, 2005
Sold by
Ziroli David
Bought by
Ramirez Carlos Manuel and Ramirez Frances T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 24, 2004
Sold by
Ziroli Kim
Bought by
Ziroli David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zavala David Lino $642,000 Fidelity National Title
Crescent Street Partners Llc -- None Available
Bulaich John T -- Progressive Title Company
Werfelmann Brian A -- Progressive Title Company
Doolin Kris E -- Progressive Title Company
Doolin Kris E $436,000 Progressive Title Company
Deutsche Bank National Trust Co $558,354 Accommodation
Ramirez Carlos Manuel $635,000 Lawyers Title
Ziroli David -- United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zavala David Lino $460,000
Previous Owner Bulaich John T $236,000
Previous Owner Ramirez Carlos Manuel $508,000
Previous Owner Ziroli David $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2017 09/05/17 Sold $642,000 -1.1% $467 / Sq Ft
07/21/2017 07/21/17 For Sale $649,000 +1.1% $472 / Sq Ft
07/16/2017 07/16/17 Off Market $642,000 -- --
07/15/2017 07/15/17 For Sale $649,000 +1.1% $472 / Sq Ft
06/26/2017 06/26/17 Off Market $642,000 -- --
05/19/2017 05/19/17 For Sale $649,000 -- $472 / 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 $8,755 $730,480 $559,809 $170,671
2024 $8,755 $716,158 $548,833 $167,325
2023 $8,585 $702,117 $538,072 $164,045
2022 $8,183 $688,351 $527,522 $160,829
2021 $8,079 $674,855 $517,179 $157,676
2020 $8,160 $667,936 $511,876 $156,060
2019 $7,917 $654,840 $501,840 $153,000
2018 $7,833 $642,000 $492,000 $150,000
2016 $5,785 $474,287 $342,663 $131,624
2015 $5,701 $467,163 $337,516 $129,647
2014 $5,729 $458,013 $330,905 $127,108
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17105406

California Regional Multiple Listing Service (CRMLS)

APN: 7446-004-013