NOT LISTED FOR SALE

615 W Ofarrell St San Pedro, CA 90731

Estimated Value: $732,175 - $788,000

4 Beds
3 Baths
1,675 Sq Ft
$460/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $750,000 $448 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,222/month

Highlights

  • Attic
  • Home Office
  • Laundry Room
  • Neighborhood Views
  • Living Room
  • Wall Furnace

About This Home

As of April 2024

Triplex: Units 339 and 339A have one sharing wall. Unit 339 Grand: 2 bed 2 bath, spacious living room and kitchen and also has its own laundry room & front porch. Unit 339 #A Grand: 1 bed 1 bath, cozy kitchen and living room, also with its own laundry room. This unit was built as a permitted addition, but not as a separate unit. It is approved with certification as a rental unit by the L.A.H.C.I.A. with its own gas meter, electric meter, and water-heater. Unit 615 Ofarrell: 1 bed 1 bath, spacious kitchen and living area, and a laundry closet. There is also a one car garage on property.

Last Agent to Sell the Property

Kiani Pegues

Keller Williams Realty Brokerage Phone: 310-525-6465 License #02069504 Listed on: 03/27/2024

Keller Williams Realty

Co-Listed By

Irene McCarthy

Keller Williams Realty Brokerage Phone: 310-525-6465 License #01043302

Last Buyer's Agent

Kiani Pegues

Keller Williams Realty Brokerage Phone: 310-525-6465 License #02069504 Listed on: 03/27/2024

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 1907

Lot Details

  • 4,503 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,675 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Office
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / C
  • Tax Tract Number 10
  • Assessor Parcel Number 7448030010
  • $273 per year additional tax assessments

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
  • Gardener Expense $720
  • Insurance Expense $883
  • Water Sewer Expense $1,641
  • Operating Expense $11,572
  • Gross Income $13,800
  • Net Operating Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$681

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 250000
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1641.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7448030010
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Multiple points of entry.
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 447.76
  • Room Type: Attic, Laundry, Living Room, Office

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4503.00
  • Lot Size Acres: 0.1034

Multi Family

  • Gross Income: 13800.00
  • Gross Scheduled Income: 13800.00
  • Insurance Expense: 883.00
  • Lot Size Area: 4503.0000 Square Feet
  • Net Operating Income: 2300.00
  • 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: 11572.00
  • Rent Control: Yes
  • Total Actual Rent: 13800.00
  • Total Expenses: 11572.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2965.00
  • Tax Lot: 10
  • Tax Tract: SUBD PECK ADD PALOS VERDE
  • Tax Tract Number: 10
  • TaxOtherAnnualAssessmentAmount: 273.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 16, 2024
Sold by
Dominguez Family Trust and Gutierrez Irene D
Bought by
Correa Jeannette Darlene
Seller's Agent
Kiani Pegues
Keller Williams Realty
Buyer's Agent
Kiani Pegues
Keller Williams Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$770,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,294
Avg. Annual Appreciation
1.95%
Original Mortgage
$574,887
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2015
Sold by
Dominguez Raul
Bought by
Dominguez Family Trust
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
Correa Jeannette Darlene $750,000 Fidelity National Title
Correa Jeannette Darlene -- Fidelity National Title
Dominguez Family Trust -- None Available
Gutierrez Irene D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Jeannette Darlene $578,910
Closed Correa Jeannette Darlene $574,887
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Sold $750,000 0.0% $448 / Sq Ft
03/27/2024 03/27/24 For Sale $750,000 -- $448 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
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 $681 $765,000 $499,800 $265,200
2024 $681 $41,022 $23,757 $17,265
2023 $672 $40,219 $23,292 $16,927
2022 $645 $39,432 $22,836 $16,596
2021 $627 $38,660 $22,389 $16,271
2020 $626 $38,265 $22,160 $16,105
2019 $610 $37,516 $21,726 $15,790
2018 $532 $36,781 $21,300 $15,481
2016 $485 $35,355 $20,474 $14,881
2015 $479 $34,825 $20,167 $14,658
2014 $478 $34,143 $19,772 $14,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24060783

California Regional Multiple Listing Service (CRMLS)

APN: 7448-030-010