NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,050,950

4 Beds
4 Baths
2,294 Sq Ft
$425/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2018

Last sale price $745,000 $325 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,134 / mo

60 Days on Market

Highlights

  • Property is near park
  • Wood Flooring
  • No HOA
  • San Pedro Senior High School Rated A-
  • Private Yard
  • Level Lot

About This Home

As of August 2018

Great investment opportunity located close to Cabrillo Marina and San Pedro redevelopment area. Cute front 2-bedroom house has hardwood floors, tiled bath, fenced private yard and attached 1-car garage with washer/dryer hook-ups. Back building has large grassy area with wonderful fruit-bearing lemon and orange trees and a studio apartment on lower level. Above the garages are two additional spacious 1-bedroom units each with single-car garages. Additional storage room could easily convert to laundry room for units.

Last Agent to Sell the Property

Sharon McHale

Estate Properties License #01214227 Listed on: 04/12/2018

Last Buyer's Agent

Sal Sorrentino

Keller Williams Realty License #00494542

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 4,998 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,294 Sq Ft Home
  • Quadruplex

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 16
  • Tax Tract Number 2972
  • Assessor Parcel Number 7465002013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $360
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,500
  • Operating Expense $10,060
  • Gross Income $48,120
  • Net Operating Income $38,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

4,998 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7465002013
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 324.76
  • Room Type: Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Park Nearby, Yard
  • Lot Size Sq Ft: 4998.00
  • Lot Size Acres: 0.1147

Rental Info

  • Garage Rental Rate: 95.00
  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 700 Square Feet
  • Average Studio Area: 400 Square Feet
  • Fuel Expense: 360.00
  • Garage Income: 95.00
  • Gross Income: 48120.00
  • Gross Scheduled Income: 48120.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4998.0000 Square Feet
  • Net Operating Income: 38060.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10060.00
  • Rent Control: Yes
  • Total Actual Rent: 4010.00
  • Total Expenses: 10060.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Census Tract: 2972.01
  • Tax Lot: 16
  • Tax Tract Number: 2972

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2020
Sold by
Bought by
Current Estimated Value
$975,738

Purchase Details

Listed on
Apr 12, 2018
Closed on
Aug 17, 2018
Sold by
Bought by
Seller's Agent
Sharon McHale
Estate Properties
Buyer's Agent
Sal Sorrentino
Keller Williams Realty
List Price
$759,000
Sold Price
$745,000
Premium/Discount to List
-$14,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$505,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
0.0358%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
0.0426%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
0.0137%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Fidelity National Title
$745,000 Fidelity National Title
-- Lsi Title Co Woodland Hills
-- Lsi Title Co Woodland Hills
$375,000 Stewart Title Of Ca Inc
-- Accommodation
-- None Available
$570,000 Provident Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $487,000
Closed $505,000
Previous Owner $278,000
Previous Owner $281,250
Previous Owner $576,000
Previous Owner $525,000
Previous Owner $456,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $745,000 -1.8% $325 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $759,000 +1.9% $331 / Sq Ft
04/25/2018 04/25/18 Off Market $745,000 -- --
04/12/2018 04/12/18 For Sale $759,000 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,352 $831,057 $541,025 $290,032
2024 $10,201 $814,763 $530,417 $284,346
2023 $10,007 $798,788 $520,017 $278,771
2022 $9,547 $783,126 $509,821 $273,305
2021 $9,425 $767,772 $499,825 $267,947
2020 $9,518 $760,560 $494,700 $265,860
2019 $9,147 $745,660 $485,000 $260,660
2018 $5,283 $414,620 $303,571 $111,049
2017 $5,170 $405,844 $297,619 $108,225
2016 $5,036 $397,887 $291,784 $106,103
2015 $4,965 $391,912 $287,402 $104,510
2014 $5,006 $384,236 $281,773 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18083638

California Regional Multiple Listing Service (CRMLS)

APN: 7465-002-013

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