NOT LISTED FOR SALE

Estimated Value: $1,104,414

8 Beds
4 Baths
3,198 Sq Ft
$345/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2016

Last sale price $699,000 $219 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,932 / mo

54 Days on Market

About This Home

As of January 2016

Newly remodeled 4 unit in San Pedro. Low maintenance. All units have 2 bedroom 1 bath and a single car garage parking. New roof, new dual pane windows and new stucco.

Last Agent to Sell the Property

Michael Geluz

Legacy Realty & Investments License #01469084 Listed on: 10/09/2015

Last Buyer's Agent

Michael Geluz

Legacy Realty & Investments License #01469084 Listed on: 10/09/2015

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available

Interior Spaces

  • 3,198 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, grounds care
  • Assessor Parcel Number 7451027011

Community Details

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $210
  • Trash Expense $561
  • Water Sewer Expense $3,000
  • Gross Income $3,998
  • Net Operating Income $44,205

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

5,001 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Gardener Expense: 210.00
  • Parcel Number: 7451027011
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 218.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 561.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5001.00
  • Price Per Lot Square Foot: 139.77
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Electricity, Grounds Care

Multi Family

  • Average2 Bed Area: 800
  • Gross Income: 3998.00
  • Gross Scheduled Income: 47976.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 44205.00
  • 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: 3771.00
  • Rent Control: Yes
  • Total Actual Rent: 47976.00

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
Oct 9, 2015
Closed on
Dec 22, 2015
Sold by
Bought by
Seller's Agent
Michael Geluz
Legacy Realty & Investments
Buyer's Agent
Michael Geluz
Legacy Realty & Investments
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$1,104,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,414
Avg. Annual Appreciation
4.43%
Original Mortgage
$524,250
Outstanding Balance
$404,758
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$699,656

Purchase Details

Listed on
Oct 9, 2015
Closed on
Dec 20, 2015
Sold by
Bought by
Seller's Agent
Michael Geluz
Legacy Realty & Investments
Buyer's Agent
Michael Geluz
Legacy Realty & Investments
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Outstanding Balance
$404,758
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$699,656

Purchase Details

Closed on
Oct 14, 2014
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
$480,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$699,000 Lawyers Title
-- Lawyers Title
$500,000 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 $524,250
Previous Owner $50,000
Previous Owner $25,000
Previous Owner $480,000
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 Prior Sale
01/15/2016 01/15/16 Sold $699,000 0.0% $219 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $699,000 +39.8% $219 / Sq Ft
12/22/2014 12/22/14 Sold $500,000 -79.2% $39 / Sq Ft View Prior Sale
12/19/2014 12/19/14 Pending -- -- --
06/08/2014 06/08/14 For Sale $2,400,000 -- $188 / 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 $10,330 $827,466 $401,302 $426,164
2024 $10,190 $811,242 $393,434 $417,808
2023 $9,997 $795,336 $385,720 $409,616
2022 $9,538 $779,742 $378,157 $401,585
2021 $9,409 $764,454 $370,743 $393,711
2019 $9,132 $741,782 $359,748 $382,034
2018 $9,031 $727,239 $352,695 $374,544
2017 $8,836 $712,980 $345,780 $367,200
2016 $6,332 $507,625 $304,575 $203,050
2015 $6,242 $500,000 $300,000 $200,000
2014 $1,354 $88,384 $30,732 $57,652
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15222163

California Regional Multiple Listing Service (CRMLS)

APN: 7451-027-011

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