NOT LISTED FOR SALE

532 W 21st St San Pedro, CA 90731

Estimated Value: $986,026 - $1,164,000

5 Beds
3 Baths
2,575 Sq Ft
$407/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $615,000 $239 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,211/month

6 Days on Market

About This Home

As of May 2017

Bread and Butter Units very close to the marina within walking distance and not too far from the upcoming new Ports O' Call Promenade. The units consist of (1) 3bd 2ba owners unit with detached 2 car garage that is vacant perfect for owner occupied. The 2nd unit is a 2bd 1ba with a detached 1 car garage with a combined sq footage of 2575 Sq. Ft. Both units have been rehabbed with all new windows, laminate floors throughout, tile countertops, stoves, freshly painted inside and outside, new roof and private yard. There is some views of the marina.

Last Agent to Sell the Property

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 03/22/2017

Last Buyer's Agent

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 03/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,727

Year Built

  • Built in 1923

Lot Details

  • 5,083 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • 2,575 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 7462
  • Tax Tract Number 19
  • Assessor Parcel Number 7462019018

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $2,150
  • New Taxes Expense $7,363
  • Operating Expense $12,013
  • Net Operating Income $36,638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,727

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2150.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7462019018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 238.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street
  • Lot Size Sq Ft: 5083.00

Multi Family

  • Electric Expense: 400.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 36638.00
  • 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: 10162.00
  • Rent Control: Yes
  • Total Expenses: 12013.00

Tax Info

  • New Taxes Expense: 7363.00
  • Tax Census Tract: 2972.01
  • Tax Lot: 7462
  • Tax Tract Number: 019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
May 8, 2017
Sold by
Acjj Investments Llc
Bought by
Aibani Nadeem
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$589,000
Sold Price
$615,000
Premium/Discount to List
$26,000
4.41%
Current Estimated Value
$1,047,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,757
Avg. Annual Appreciation
6.51%
Original Mortgage
$563,186
Outstanding Balance
$465,374
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$582,383

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 12, 2016
Sold by
Fannie Mae
Bought by
Acjj Investments Llc
Seller's Agent
Carmen Torres
Excellence RE Real Estate
Buyer's Agent
Armando Mendoza
West Shores Realty, Inc.
List Price
$538,210
Sold Price
$441,000
Premium/Discount to List
-$97,210
-18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.75%

Purchase Details

Closed on
Jun 16, 2011
Sold by
Divettimo Mario Scotto
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2007
Sold by
Divettimo Mario Scotto
Bought by
Divettimo Mario and Mario Scotto Di Vettimo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2004
Sold by
Divettimo Mario Scotto
Bought by
Divettimo Mario Scotto and Trust Of Mario Scotto Divettim

Purchase Details

Closed on
May 9, 2003
Sold by
Divettimo Mario Scotto
Bought by
Divettimo Mario Scotto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Vettino Paolo Scotto D
Bought by
Vettino Mario Scotto D

Purchase Details

Closed on
Dec 14, 1998
Sold by
Divettimo Pablo Scotto
Bought by
Divettimo Paolo Scotto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.86%

Purchase Details

Closed on
Mar 7, 1998
Sold by
Mario Scotto Di Vettimo
Bought by
Divettimo Paolo Scotto
Source: Public Records

Range of Values:

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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
Aibani Nadeem $615,000 Provident Title Company
Acjj Investments Llc $441,000 Accommodation
Federal National Mortgage Association $597,665 None Available
Divettimo Mario -- Old Republic Title
Divettimo Mario Scotto -- Old Republic Title
Divettimo Mario Scotto -- --
Divettimo Mario Scotto -- Ticor Title
Vettino Mario Scotto D -- --
Divettimo Paolo Scotto -- American Coast Title Co Inc
Divettimo Paolo Scotto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aibani Nadeem $563,186
Previous Owner Divettimo Mario Scotto $503,000
Previous Owner Divettimo Mario Scotto $252,000
Previous Owner Divettimo Paolo Scotto $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2017 05/18/17 Sold $615,000 +4.4% $239 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $589,000 +33.6% $229 / Sq Ft
12/15/2016 12/15/16 Sold $441,000 0.0% $171 / Sq Ft View Prior Sale
11/21/2016 11/21/16 Off Market $441,000 -- --
11/18/2016 11/18/16 For Sale $538,210 -- $209 / 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 $8,727 $713,754 $365,581 $348,173
2024 $8,727 $699,760 $358,413 $341,347
2023 $8,560 $686,040 $351,386 $334,654
2022 $8,164 $672,590 $344,497 $328,093
2021 $8,055 $659,403 $337,743 $321,660
2019 $7,815 $639,846 $327,726 $312,120
2018 $7,736 $627,300 $321,300 $306,000
2017 $6,970 $565,000 $300,000 $265,000
2016 $4,834 $389,611 $270,564 $119,047
2015 $4,765 $383,759 $266,500 $117,259
2014 $4,791 $376,243 $261,280 $114,963
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Armando Mendoza

    West Shores Realty, Inc.

    (310) 650-3828

    8 in this area

    15 Total Sales

    Armando Mendoza
    Section Image

  • C

    Seller's Agent in 2016

    Carmen Torres

    Excellence RE Real Estate

    (562) 879-0888

    Carmen Torres
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17059961

California Regional Multiple Listing Service (CRMLS)

APN: 7462-019-018

California Los Angeles County San Pedro 90731

532 W 21st St, San Pedro, CA

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