NOT LISTED FOR SALE

568 W 26th St San Pedro, CA 90731

Estimated Value: $1,012,000 - $1,169,000

3 Beds
3 Baths
2,410 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $630,000 $261 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,523/month

10 Days on Market

Highlights

  • Walk-In Closet
  • Living Room
  • Tile Flooring
  • Tile Countertops
  • Laundry Room
  • Central Heating

About This Home

As of August 2016

If you’ve looking for a great investment opportunity in Point Fermin, here it is! This is a spacious, 2 story, 3 bedroom, 1-3,4 bath home with 2 studio units for added income! The front home is almost 1700 square feet! A double door entry opens to an inviting living room. The kitchen is spacious with lots of cabinetry and counter space. The dining room opens directly to a private, fenced yard. There’s also a laundry room off the kitchen. Upstairs you’ll find 3 very spacious bedrooms, 2 with walk-in closets, and a large bathroom! Fresh paint, new carpet, newer dual paned windows and many new fixtures make this a move-in ready home! In the rear are two studio units perched above a 2 car and 1 car garage with alley access. There’s an additional carport as well. The house and one studio are being delivered vacant and ready to move right in! Also listed under SFR MLS # PV16161080

Last Agent to Sell the Property

Karen Anderson

Keller Williams Realty License #01224307 Listed on: 07/22/2016

Keller Williams Realty

Last Buyer's Agent

Matteo Bommarito

Keller Williams Realty License #01367522

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,943

Year Built

  • Built in 1971

Lot Details

  • 4,000 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home

Parking

  • 3 Car Garage
  • 1 Carport Space
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,410 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 3022
  • Assessor Parcel Number 7465010001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $808
  • Water Sewer Expense $1,734
  • New Taxes Expense $7,488
  • Gross Income $4,150
  • Net Operating Income $39,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,943

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 1734.00
  • Property Type: Residential Income
  • Parcel Number: 7465010001
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 2
  • Entry Location: Ground Level With Steps,Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 261.41
  • Room Type: All Bedrooms Up, Living Room, Walk-In Closet

Exterior Features

  • Direction Faces: West
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4000.00
  • Price Per Lot Square Foot: 157.50

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average Studio Area: 368
  • Gross Income: 4150.00
  • Gross Scheduled Income: 49800.00
  • Insurance Expense: 808.00
  • Net Operating Income: 39566.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 10234.00
  • Rent Control: Yes
  • Total Actual Rent: 750.00

Tax Info

  • New Taxes Expense: 7488.00
  • Tax Lot: 1
  • Tax Tract Number: 3022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2017
Sold by
Bommarito Matteo
Bought by
Passive Homes Llc
Current Estimated Value
$1,060,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$353,924
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$688,754

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 2, 2016
Sold by
Nakamura Erin Mayumi and Nakamura Kelly Kiyomi
Bought by
Passive Homes Llc
Seller's Agent
Karen Anderson
Keller Williams Realty
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$420,000
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 21, 2014
Sold by
Carel Irma Ida and Nakamura Carel Living Trust
Bought by
Nakamura Erin Mayumi and Nakamura Kelly Kiyomi

Purchase Details

Closed on
Jun 27, 2001
Sold by
Nakamura Masakazu Roy and Nakamura Norma Ruth
Bought by
Nakamura Masakazu Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.24%

Purchase Details

Closed on
May 11, 1998
Sold by
Canetti Frank J and Canetti Barbara
Bought by
Nakamura Nasakazu R and Nakamura Norma Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 1996
Sold by
Bankers Trust Company Of California Na
Bought by
Lcdm Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Passive Homes Llc -- Accommodation
Bommarito Matteo -- Fidelity National Title
Passive Homes Llc $630,000 Fidelity National Title
Nakamura Erin Mayumi -- None Available
Nakamura Masakazu Roy -- None Available
Nakamura Masakazu Roy -- Fidelity National Title Co
Nakamura Nasakazu R $59,000 First American Title Co
Lcdm Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bommarito Matteo $425,000
Previous Owner Passive Homes Llc $420,000
Previous Owner Nakamura Masakazu Roy $126,500
Previous Owner Nakamura Masakazu Roy $300,000
Previous Owner Nakamura Masakazu Roy $222,000
Previous Owner Nakamura Nasakazu R $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $630,000 +5.2% $261 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $599,000 -- $249 / 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 $8,943 $731,164 $441,019 $290,145
2024 $8,943 $716,828 $432,372 $284,456
2023 $8,772 $702,774 $423,895 $278,879
2022 $8,367 $688,995 $415,584 $273,411
2021 $8,257 $675,486 $407,436 $268,050
2019 $8,011 $655,452 $395,352 $260,100
2018 $7,933 $642,600 $387,600 $255,000
2016 $3,759 $297,954 $104,612 $193,342
2015 $3,706 $293,479 $103,041 $190,438
2014 $3,736 $287,731 $101,023 $186,708
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16161092

California Regional Multiple Listing Service (CRMLS)

APN: 7465-010-001