NOT LISTED FOR SALE

554 W 21st St San Pedro, CA 90731

Estimated Value: $1,198,000 - $1,391,000

8 Beds
5 Baths
4,057 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $970,000 $239 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,960/month

61 Days on Market

About This Home

As of August 2019

NO RENT CONTROL! GREAT INVESTMENT OPPORTUNITY! Huge 3 bedroom 2 bath owners unit is entire first level and the 4th room in the rear of the unit is being used as the 4th bedroom but would be a great family room as no closet.
Walking distance to the beautiful marina, LA Yacht Club and near Cabrillo Beach. Great property! Well maintained inside and out.
Each unit has own inside laundry area. New Cool Roof August 2018.

Last Agent to Sell the Property

JoAnn Travis

Estate Properties License #00604153 Listed on: 05/08/2019

Estate Properties

Last Buyer's Agent

Larissa Rubijevsky

Estate Properties License #01347242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,962

Year Built

  • Built in 1979

Lot Details

  • 5,083 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 4,057 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 2
  • Assessor Parcel Number 7462019021

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $1,449
  • Fuel Expense $925
  • Gardener Expense $600
  • Insurance Expense $2,087
  • Professional Management Expense $5,836
  • Trash Expense $2,574
  • Water Sewer Expense $2,375
  • New Taxes Expense $7,282
  • Operating Expense $23,258
  • Gross Income $72,948
  • Net Operating Income $54,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,962

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 5836.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2375.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7462019021
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 239.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2574.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5083.00
  • Lot Size Acres: 0.1167

Rental Info

  • Garage Rental Rate: 104.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1449.00
  • Fuel Expense: 925.00
  • Garage Income: 1248.00
  • Gross Income: 72948.00
  • Gross Scheduled Income: 71700.00
  • Insurance Expense: 2087.00
  • Lot Size Area: 5083.0000 Square Feet
  • Net Operating Income: 54410.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 17290.00
  • Rent Control: No
  • Total Expenses: 23258.00

Tax Info

  • New Taxes Expense: 7282.00
  • Tax Census Tract: 2972.01
  • Tax Lot: 21
  • Tax Tract Number: MR70-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Sep 7, 2019
Sold by
Serpik Vladimir and Serpik Eugenia
Bought by
Mevc Llc
Seller's Agent
JoAnn Travis
Estate Properties
Buyer's Agent
Larissa Rubijevsky
Estate Properties
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Current Estimated Value
$1,314,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,354
Avg. Annual Appreciation
5.01%
Original Mortgage
$679,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2019
Closed on
Jul 10, 2019
Sold by
Forbrich Carl A and Forbrich Rose M
Bought by
Serpik Vladimir and Serpik Eugenia
Seller's Agent
JoAnn Travis
Estate Properties
Buyer's Agent
Larissa Rubijevsky
Estate Properties
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2018
Sold by
Douglas Michael R and Douglas Regina M
Bought by
Forbrich Carl A and Forbrich Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2001
Sold by
Arnold Lori Ann and The Zankich Family Trust
Bought by
Douglas Michael R and Douglas Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Zankich Mitchell and Zankich Nancy L
Bought by
Zankich Mitchell and Zankich Nancy L
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
Mevc Llc -- None Available
Serpik Vladimir $970,000 Fidelity National Title Co
Forbrich Carl A $748,000 Fidelity National Title
Douglas Michael R $315,000 Fidelity Title
Zankich Mitchell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serpik Vladimir $679,000
Previous Owner Forbrich Carl A $500,000
Previous Owner Douglas Michael R $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $970,000 -2.9% $239 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $999,000 0.0% $246 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $999,000 -- $246 / 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 $12,962 $1,060,832 $535,884 $524,948
2024 $12,962 $1,040,032 $525,377 $514,655
2023 $12,714 $1,019,640 $515,076 $504,564
2022 $12,127 $999,648 $504,977 $494,671
2021 $11,963 $980,048 $495,076 $484,972
2020 $12,081 $970,000 $490,000 $480,000
2019 $9,223 $748,000 $490,000 $258,000
2018 $5,346 $417,147 $152,290 $264,857
2017 $5,232 $408,968 $149,304 $259,664
2016 $5,071 $400,950 $146,377 $254,573
2015 $5,000 $394,929 $144,179 $250,750
2014 $5,033 $387,194 $141,355 $245,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19106239

California Regional Multiple Listing Service (CRMLS)

APN: 7462-019-021