Seller's Agent in 2020
Gary Krill
Compass
(310) 994-3922
114 in this area
146 Total Sales
565 W 16th St San Pedro, CA 90731
Estimated Value: $744,000 - $863,070
3
Beds
3
Baths
1,527
Sq Ft
$526/Sq Ft
Est. Value
Highlights
- Spa
- Private Yard
- Laundry Room
- Craftsman Architecture
- Spa Bath
- 2 Car Garage
About This Home
As of May 2020Great investment opportunity located just a few blocks away from the rapidly improving downtown San Pedro business district and multi-million dollar LA Waterfront Redevelopment. Front unit is a 1 bedroom 1 bath unit with a finished attic area that could be used as additional living area or bedrooms. That unit will be ready for an owner-occupant or new tenant at close of escrow. Rear unit is a nice 2 bedroom, 2 bathrooms and is currently rented for $1050. Interiors are in good condition and feature hardwood floors, upgraded kitchen and bathrooms, granite and tile finishes, recessed lighting, etc.. Exterior needs cosmetic improvements. Two car garage plus additional gated parking off the alley. Being sold "as-is" and is priced accordingly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,207
Year Built
- Built in 1911
Lot Details
- 4,399 Sq Ft Lot
- Two or More Common Walls
- Level Lot
- Private Yard
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Off-Street Parking
Home Design
- 1,527 Sq Ft Home
- Duplex
- Craftsman Architecture
- Raised Foundation
- Composition Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
- Spa Bath
Laundry
- Laundry Room
Outdoor Features
- Spa
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 6
- Tax Tract Number 7454
- Assessor Parcel Number 7454033006
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Trash Expense $300
- Water Sewer Expense $1,800
- New Taxes Expense $6,500
- Operating Expense $9,600
- Gross Income $12,600
- Net Operating Income $3,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2020
Closed on
May 11, 2020
Sold by
Antonio Adelaida A and Antonio Jacqueline G
Bought by
Paredes Roberto M
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Mirian Duenas
Four Points Realty
List Price
$519,000
Sold Price
$540,000
Premium/Discount to List
$21,000
4.05%
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
$262,518
Avg. Annual Appreciation
7.57%
Original Mortgage
$530,219
Interest Rate
3.3%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 6, 2019
Sold by
Antonio Manuel A
Bought by
Living Tr Of Manuel A Antonio & Jacqueli
Purchase Details
Closed on
Apr 14, 2017
Sold by
Alva Maria T
Bought by
Alva Michael R and Alva Maria T
Purchase Details
Closed on
Sep 10, 2001
Sold by
Antonio Adelaida A
Bought by
Antonio Adelaida A and The Adelaida A Antonio Trust
Purchase Details
Closed on
Aug 2, 2001
Sold by
Contreras Steve and Contreras Maria
Bought by
Contreras Maria T
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 |
|---|---|---|---|
| Paredes Roberto M | $540,000 | Fidelity National Title | |
| Living Tr Of Manuel A Antonio & Jacqueli | -- | None Available | |
| Alva Michael R | -- | None Available | |
| Antonio Adelaida A | -- | -- | |
| Contreras Maria T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paredes Roberto M | $528,660 | |
| Closed | Paredes Roberto M | $530,219 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2020 05/15/20 | Sold | $540,000 | +4.0% | $354 / Sq Ft |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- |
| 02/11/2020 02/11/20 | For Sale | $519,000 | -3.9% | $340 / Sq Ft |
| 02/04/2020 02/04/20 | Off Market | $540,000 | -- | -- |
| 01/20/2020 01/20/20 | For Sale | $519,000 | -- | $340 / 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 | $7,207 | $590,563 | $415,582 | $174,981 |
| 2024 | $7,207 | $578,984 | $407,434 | $171,550 |
| 2023 | $7,069 | $567,633 | $399,446 | $168,187 |
| 2022 | $6,741 | $556,504 | $391,614 | $164,890 |
| 2021 | $6,655 | $545,593 | $383,936 | $161,657 |
| 2020 | $4,499 | $354,860 | $205,895 | $148,965 |
| 2019 | $4,326 | $347,903 | $201,858 | $146,045 |
| 2018 | $4,462 | $359,123 | $219,275 | $139,848 |
| 2016 | $3,964 | $327,839 | $190,216 | $137,623 |
| 2015 | $3,906 | $322,915 | $187,359 | $135,556 |
| 2014 | $3,928 | $316,590 | $183,689 | $132,901 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Krill
-
Mirian Duenas
Buyer's Agent in 2020
Mirian Duenas
Four Points Realty
(310) 937-1579
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20012147
APN: 7454-033-006
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