Seller's Agent in 2022
Tamas Batyi
Compass
(323) 236-6450
13 in this area
110 Total Sales
521 W 16th St San Pedro, CA 90731
Estimated Value: $810,000 - $929,000
4
Beds
4
Baths
1,985
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Laundry Room
- Wall Furnace
- Front Yard
- Carpet
About This Home
As of August 2022Perfect investor opportunity! This well maintained 1920's craftsman-style Fourplex income producing property is located in a highly desired neighborhood between Palos Verdes and the Pacific Ocean. The property features two separate buildings and each building consists of two 1 bedroom and 1 bathroom units. Each unit is about 500 sq ft in size with a living room, kitchen, washer and dryer hookups and a full bathroom. Street parking. This great investment opportunity is walking distance to the marina, local shops and restaurants, the ocean, and the new Port of Los Angeles Waterfront Development Three of the units are occupied with great long term tenants and one unit is vacant, which makes it an amazing owner user opportunity. The vacant unit just received fresh paint, newer bathroom, and new flooring and is ready to be leased at market rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,828
Year Built
- Built in 1922
Lot Details
- 4,385 Sq Ft Lot
- 1 Common Wall
- Front Yard
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 1,985 Sq Ft Home
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 7454033012
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $1,274
- Water Sewer Expense $1,800
- New Taxes Expense $8,000
- Operating Expense $11,074
- Gross Income $51,912
- Net Operating Income $40,838
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2022
Closed on
Aug 15, 2022
Sold by
Causley Family Trust
Bought by
Yane Properties Llc
Seller's Agent
Tamas Batyi
Compass
Buyer's Agent
Tamas Batyi
Compass
List Price
$809,000
Sold Price
$775,000
Premium/Discount to List
-$34,000
-4.2%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,435
Avg. Annual Appreciation
3.33%
Purchase Details
Closed on
Feb 14, 2020
Sold by
Causley Michael and Causley Audrey R
Bought by
Causley Michael and Causley Audrey R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 13, 2019
Closed on
Apr 12, 2019
Sold by
2017 Rogers Family Trust
Bought by
The Causley Family Trust
Seller's Agent
Bob Locke
West Shores Realty, Inc.
Buyer's Agent
Bob Locke
West Shores Realty, Inc.
List Price
$699,000
Sold Price
$609,000
Premium/Discount to List
-$90,000
-12.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$456,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2017
Sold by
Rogers William Ardell and Rogers Marie Elizabeth
Bought by
Rogers William Ardell and Rogers Marie Elizabeth
Purchase Details
Closed on
May 30, 2009
Sold by
Chocek Robert and Chocek Mercedes
Bought by
Rogers William A and Rogers Marie E
Purchase Details
Closed on
Apr 17, 2006
Sold by
Banks Tyler E and Banks Jerriann
Bought by
Chocek Robert and Chocek Mercedes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 20, 2006
Sold by
Banks Tyler E
Bought by
Banks Tyler E and Banks Jerriann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 19, 2005
Sold by
Park Center Exchange Inc
Bought by
Banks Tyler E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 2005
Sold by
Banks Jerriann
Bought by
Banks Tyler E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2005
Sold by
Hayes Jeff M
Bought by
Park Center Exchange Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2001
Sold by
Aldaz Gloria and Aldaz Sergio
Bought by
Hayes Jeff M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.24%
Purchase Details
Closed on
Nov 3, 1998
Sold by
Aldaz Gloria
Bought by
The Resolucion Trust
Purchase Details
Closed on
Mar 8, 1997
Sold by
Aldaz Sergio and Aldaz Gloria H
Bought by
Aldaz Gloria H
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yane Properties Llc | $775,000 | Fidelity National Title | |
| Causley Michael | -- | Fidelity National Title | |
| Causley Michael | -- | Fidelity National Title | |
| The Causley Family Trust | $609,000 | Fidelity National Title | |
| Rogers William Ardell | -- | None Available | |
| Rogers William Ardell | -- | None Available | |
| Rogers William A | $350,000 | Progressive Title Company | |
| Chocek Robert | $605,000 | Southland Title Corporation | |
| Banks Tyler E | -- | Accommodation | |
| Banks Tyler E | -- | Southland Title Company | |
| Banks Tyler E | -- | Southland Title Company | |
| Park Center Exchange Inc | -- | Southland Title Company | |
| Hayes Jeff M | $185,000 | Commonwealth Title | |
| The Resolucion Trust | -- | -- | |
| Aldaz Gloria H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Causley Michael | $455,000 | |
| Previous Owner | The Causley Family Trust | $456,750 | |
| Previous Owner | Rogers William Ardell | $234,300 | |
| Previous Owner | Chocek Robert | $484,000 | |
| Previous Owner | Banks Tyler E | $368,000 | |
| Previous Owner | Hayes Jeff M | $239,400 | |
| Previous Owner | Hayes Jeff M | $182,000 | |
| Previous Owner | Hayes Jeff M | $148,000 | |
| Closed | Banks Tyler E | $45,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2022 08/24/22 | Sold | $775,000 | -1.3% | $390 / Sq Ft |
| 08/09/2022 08/09/22 | Pending | -- | -- | -- |
| 07/13/2022 07/13/22 | Price Changed | $785,000 | -3.0% | $395 / Sq Ft |
| 06/26/2022 06/26/22 | For Sale | $809,000 | +32.8% | $408 / Sq Ft |
| 05/01/2019 05/01/19 | Sold | $609,000 | 0.0% | $307 / Sq Ft |
| 04/15/2019 04/15/19 | Off Market | $609,000 | -- | -- |
| 02/22/2019 02/22/19 | Price Changed | $629,000 | -10.0% | $317 / Sq Ft |
| 02/13/2019 02/13/19 | For Sale | $699,000 | -- | $352 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,828 | $806,310 | $561,816 | $244,494 |
| 2024 | $9,828 | $790,500 | $550,800 | $239,700 |
| 2023 | $9,640 | $775,000 | $540,000 | $235,000 |
| 2022 | $7,799 | $640,166 | $446,750 | $193,416 |
| 2021 | $7,699 | $627,615 | $437,991 | $189,624 |
| 2019 | $5,075 | $404,993 | $289,283 | $115,710 |
| 2018 | $5,002 | $397,053 | $283,611 | $113,442 |
| 2016 | $4,769 | $381,637 | $272,599 | $109,038 |
| 2015 | $4,701 | $375,906 | $268,505 | $107,401 |
| 2014 | $4,741 | $368,544 | $263,246 | $105,298 |
Source: Public Records
Agents Affiliated with this Home
-
Tamas Batyi
-
Bob Locke
B
Seller's Agent in 2019
Bob Locke
West Shores Realty, Inc.
(310) 795-2311
2 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22139311
APN: 7454-033-012
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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