NOT LISTED FOR SALE

572 W 21st St San Pedro, CA 90731

Estimated Value: $974,000 - $1,037,000

4 Beds
4 Baths
1,892 Sq Ft
$532/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $857,000 $453 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,306/month

21 Days on Market

Highlights

  • Property is near a park
  • Double Pane Windows
  • Living Room
  • Corner Lot
  • Walk-In Closet
  • Landscaped

About This Home

As of March 2021

This is the one you have been waiting for! This well maintained four unit income producing property is located on a corner lot in the highly desired Vista Del Oro neighborhood of San Pedro. The property features two separate buildings and each building consists of two 1 bedroom and 1 bathroom units. Each unit is about 495 sq ft in size with a living room, kitchen, walk in closet and a full bathroom. There are four parking spaces in the back of the property. One of the units just finished being remodeled and is not rented, which makes it possible for an owner/user/investor to move in. This great investment opportunity is only minutes away from local shops and restaurants, the new Port of Los Angeles Waterfront Development and schools.

Last Agent to Sell the Property

Tamas Batyi

Compass License #02053534 Listed on: 01/26/2021

Compass

Last Buyer's Agent

Joray Ess

West Shores Realty, Inc. License #01941220

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,255

Year Built

  • Built in 1942

Lot Details

  • 5,083 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer

Home Design

  • Quadruplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Carpet

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Property is near a park
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 24 / 4
  • Tax Tract Number 2972
  • Assessor Parcel Number 7462019036

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $1,000
  • New Taxes Expense $10,100
  • Operating Expense $12,600
  • Gross Income $63,000
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,255

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7462019036
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 452.96
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Park Nearby, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 5083.00
  • Lot Size Acres: 0.1167

Multi Family

  • Gross Income: 63000.00
  • Gross Scheduled Income: 63000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5083.0000 Square Feet
  • Net Operating Income: 50400.00
  • 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
  • Number With Range: 4
  • Operating Expense: 12600.00
  • Rent Control: Yes
  • Total Expenses: 12600.00

Tax Info

  • New Taxes Expense: 10100.00
  • Tax Block: 4
  • Tax Census Tract: 2972.01
  • Tax Lot: 24
  • Tax Tract Number: 2972

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Mar 15, 2021
Sold by
Tipton Jeffrey
Bought by
Ess Joshua-Nicholas and Ess Joray
Seller's Agent
Tamas Batyi
Compass
Buyer's Agent
Joray Ess
West Shores Realty, Inc.
List Price
$869,000
Sold Price
$857,000
Premium/Discount to List
-$12,000
-1.38%
Current Estimated Value
$1,007,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,429
Avg. Annual Appreciation
3.76%
Original Mortgage
$633,750
Outstanding Balance
$570,966
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$440,150

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 16, 2018
Sold by
Gonzalez Christopher and Garcia Michael
Bought by
Tipton Jeffrey
Seller's Agent
Victor Tuberosi
Keller Williams Realty
Buyer's Agent
Qiongfang Liu
eXp Realty of Southern California, Inc.
List Price
$709,000
Sold Price
$716,000
Premium/Discount to List
$7,000
0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Garcia Michael and Garcia Maria Theresa
Bought by
Garcia Michael and Garcia Maria Theresa

Purchase Details

Closed on
Jan 26, 2011
Sold by
Gonzalez Christopher
Bought by
Gonzalez Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2011
Sold by
Gonzalez Theresa
Bought by
Gonzalez Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2001
Sold by
Gonzalez Theresa F
Bought by
Gonzalez Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.92%
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
Ess Joshua-Nicholas $857,000 None Listed On Document
Tipton Jeffrey $716,000 Fidelity National Title Comp
Garcia Michael -- None Available
Gonzalez Christopher -- Fidelity National Title Co
Gonzalez Christopher -- Fidelity National Title Co
Gonzalez Christopher -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ess Joshua-Nicholas $633,750
Previous Owner Tipton Jeffrey $400,000
Previous Owner Gonzalez Christopher $137,700
Previous Owner Gonzalez Christopher $137,700
Previous Owner Garcia Michael $156,000
Previous Owner Gonzalez Christopher $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $857,000 -1.4% $453 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $869,000 0.0% $459 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $869,000 +21.4% $459 / Sq Ft
09/01/2018 09/01/18 Sold $716,000 0.0% $378 / Sq Ft
08/10/2018 08/10/18 Price Changed $716,000 +1.0% $378 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $709,000 -- $375 / 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 $11,255 $927,642 $703,580 $224,062
2024 $11,255 $909,454 $689,785 $219,669
2023 $11,038 $891,622 $676,260 $215,362
2022 $10,526 $874,140 $663,000 $211,140
2021 $8,995 $737,885 $515,283 $222,602
2020 $9,085 $730,320 $510,000 $220,320
2019 $8,728 $716,000 $500,000 $216,000
2018 $4,524 $356,609 $176,626 $179,983
2017 $4,427 $349,617 $173,163 $176,454
2016 $4,312 $342,763 $169,768 $172,995
2015 $4,252 $337,615 $167,218 $170,397
2014 $4,291 $331,003 $163,943 $167,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21016934

California Regional Multiple Listing Service (CRMLS)

APN: 7462-019-036