Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
2 in San Pedro
$790K - $1.4M Price Range
565 W 16th St San Pedro, CA 90731
San Pedro AreaEstimated Value: $730,000 - $816,241
3
Beds
3
Baths
1,527
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Spa
- Craftsman Architecture
- Spa Bath
- San Pedro Senior High School Rated A-
- Private Yard
- Laundry Room
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.
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Property Details
Home Type
- Multi-Family
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
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
Additional Features
- 2 Units
- Laundry Facilities
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
Listed on
Jan 20, 2020
Closed on
May 11, 2020
Sold by
Bought by
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
$221,310
Avg. Annual Appreciation
5.68%
Original Mortgage
$530,219
Interest Rate
3.3%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 6, 2019
Sold by
Bought by
Purchase Details
Closed on
Apr 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Sep 10, 2001
Sold by
Bought by
Purchase Details
Closed on
Aug 2, 2001
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in San Pedro, CA
-
Dave Shorter
-
Melissa Okabe
Melissa Okabe
Alta Properties
(562) 568-9373
29 Total Sales
1 in San Pedro
$555,000 Price
-
Gerry Nicks
Gerry Nicks
Responds QuicklyKeller Williams Realty
(424) 370-0766
165 Total Sales
2 in San Pedro
$875K - $940K Price Range
-
Albert Rodriguez
Albert Rodriguez
Equity Union
(747) 294-2100
83 Total Sales
1 in San Pedro
$600,000 Price
-
Linda Ojeda
Linda Ojeda
Luxury Collective
(424) 372-0165
111 Total Sales
2 in San Pedro
$608K - $1M Price Range
-
Jan Samano
Jan Samano
EXIT GULF COAST REALTY
(562) 451-0183
14 Total Sales
1 in San Pedro
$937,000 Price
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 |
|---|---|---|---|
| $540,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- |
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 | $528,660 | ||
| Closed | $530,219 |
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 |
|---|---|---|---|---|
| 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
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 | $7,319 | $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
Seller's Agent in 2020
Gary Krill
Compass
(310) 994-3922
152 Total Sales
-
Mirian Duenas
Buyer's Agent in 2020
Mirian Duenas
Four Points Realty
(310) 937-1579
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20012147
APN: 7454-033-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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