A
Seller's Agent in 2020
Anthony Martinez
West Shores Realty, Inc.
(562) 912-7770
1 in this area
12 Total Sales
606 W 16th St San Pedro, CA 90731
Estimated Value: $848,000 - $997,000
4
Beds
4
Baths
2,112
Sq Ft
$446/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Double Pane Windows
- Bungalow
- No HOA
- Laundry Room
- Turnkey
About This Home
As of November 2020Great investment opportunity to own 4 units in San Pedro, CA. Each Beautiful unit features one bedroom, one bath, its own laundry area, porch and backyard. Unit 608 and unit 612 have dining nooks. Centrally located with in minutes of the LA Waterfront, shopping, restaurants, freeway access and much more!
Last Agent to Sell the Property
West Shores Realty, Inc. License #01379375 Listed on: 10/14/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,225
Year Built
- Built in 1922 | Remodeled
Lot Details
- 4,504 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Sprinkler System
- Back Yard
- Density is 2-5 Units/Acre
Parking
- On-Street Parking
Home Design
- Bungalow
- Property Attached
- Turnkey
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 2,112 Sq Ft Home
- Double Pane Windows
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 12 / 18
- Tax Tract Number 296901
- Assessor Parcel Number 7454031012
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,080
- Insurance Expense $2,700
- Trash Expense $1,272
- Water Sewer Expense $1,368
- New Taxes Expense $9,375
- Operating Expense $15,795
- Gross Income $54,000
- Net Operating Income $50,280
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2020
Closed on
Oct 30, 2020
Sold by
Sanchez Maria E
Bought by
Panagiotou Panagiotis and Dillon Maureen
Seller's Agent
Anthony Martinez
West Shores Realty, Inc.
Buyer's Agent
Sal Sorrentino
Keller Williams Realty
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
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
$167,677
Avg. Annual Appreciation
4.41%
Original Mortgage
$453,000
Outstanding Balance
$404,941
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$547,418
Purchase Details
Closed on
Oct 21, 2016
Sold by
Sanchez Miguel A
Bought by
Sanchez Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,400
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2007
Sold by
Amalfitano Giuseppe Domenico and Amalfitano Rosario
Bought by
Sanchez Miguel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 7, 2002
Sold by
Amalfitano Anna
Bought by
Amalfitano Anna and Anna Amalfitano Trust
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 |
|---|---|---|---|
| Panagiotou Panagiotis | $775,000 | Priority Title | |
| Sanchez Maria E | -- | Ticor Title | |
| Sanchez Miguel A | $545,000 | Stewart Title Of California | |
| Amalfitano Anna | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panagiotou Panagiotis | $453,000 | |
| Previous Owner | Sanchez Maria E | $477,400 | |
| Previous Owner | Sanchez Miguel A | $436,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $775,000 | +3.3% | $367 / Sq Ft |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- |
| 10/14/2020 10/14/20 | For Sale | $750,000 | -- | $355 / 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 | $10,225 | $838,884 | $568,276 | $270,608 |
| 2024 | $10,225 | $822,436 | $557,134 | $265,302 |
| 2023 | $10,029 | $806,310 | $546,210 | $260,100 |
| 2022 | $9,565 | $790,500 | $535,500 | $255,000 |
| 2021 | $9,444 | $775,000 | $525,000 | $250,000 |
| 2020 | $8,345 | $667,652 | $422,644 | $245,008 |
| 2019 | $8,019 | $654,561 | $414,357 | $240,204 |
| 2018 | $7,938 | $641,728 | $406,233 | $235,495 |
| 2016 | $7,578 | $616,810 | $390,459 | $226,351 |
| 2015 | $7,469 | $607,545 | $384,594 | $222,951 |
| 2014 | $7,515 | $595,645 | $377,061 | $218,584 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Martinez
-
Sal Sorrentino
S
Buyer's Agent in 2020
Sal Sorrentino
Keller Williams Realty
(310) 753-9781
39 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20204626
APN: 7454-031-012
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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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