NOT LISTED FOR SALE

625 W 5th St San Pedro, CA 90731

Estimated Value: $1,390,000 - $1,969,000

8 Beds
5 Baths
4,479 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 16, 2012

Last sale price $685,000 $153 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $9,935/month

140 Days on Market

About This Home

As of October 2012

Excellent investment opportunity! Pride of owner 4-unit apartment building. Large 3 bedroom 2.5 bath townhome style unit with bridge and city views. Two spacious 2 bedroom 1 bath units. One immaculate 1 bedroom 1 bath unit. All units with separate balconies. Additional income from coin operated washer and dryer! There are three separate garages and four additional parking spaces. This is a very LOW MAINTENANCE building that is FULLY OCCUPIED and has NO RENT CONTROL! Please do not disturb occupants.

Last Agent to Sell the Property

Andrew Vidovich

Harbor View Realty License #01884809 Listed on: 04/18/2012

Last Buyer's Agent

Leticia Gutierrez

Legacy Realty & Investments License #01438471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,484

Year Built

  • Built in 1978

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,479 Sq Ft Home
  • Bridge Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 12 / 9
  • Tax Tract Number 20750
  • Assessor Parcel Number 7451029033

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,188
  • Insurance Expense $2,091
  • Maintenance Expense $2,775
  • Professional Management Expense $3,245
  • Trash Expense $1,590
  • Water Sewer Expense $1,988
  • New Taxes Expense $8,687
  • Gross Income $5,370
  • Net Operating Income $41,367

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,484

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • CapRate: 6.00
  • Other Phone Description: 310-717-9873
  • Professional Management Expense: 3245.00
  • View: Yes
  • Water Sewer Expenses: 1988.00
  • Property Type: Residential Income
  • Parcel Number: 7451029033
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 152.94

Exterior Features

  • View: Bridge(s)
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Trash Expense: 1590.00

Lot Info

  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1150

Multi Family

  • Electric Expense: 1188.00
  • Gross Income: 5370.00
  • Gross Multiplier: 10.78
  • Gross Scheduled Income: 64445.00
  • Insurance Expense: 2091.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5001.0000 Square Feet
  • Maintenance Expense: 2775.00
  • Net Operating Income: 41367.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Operating Expense: 23078.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8687.00
  • Tax Block: 9
  • Tax Lot: 12
  • Tax Tract Number: 20750
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Oct 2, 2012
Sold by
Vidovich Andrew
Bought by
Banuelos Heriberto
Seller's Agent
Andrew Vidovich
Harbor View Realty
Buyer's Agent
Leticia Gutierrez
Legacy Realty & Investments
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Current Estimated Value
$1,662,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$977,923
Avg. Annual Appreciation
6.61%
Original Mortgage
$660,968
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 18, 2012
Closed on
Sep 6, 2012
Sold by
Vidovich Justine L
Bought by
Vidovich Andrew
Seller's Agent
Andrew Vidovich
Harbor View Realty
Buyer's Agent
Leticia Gutierrez
Legacy Realty & Investments
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,968
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2009
Sold by
Lurie William
Bought by
Vidovich Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,136
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2003
Sold by
Obuljen Pete
Bought by
Lurie William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.78%

Purchase Details

Closed on
May 26, 1999
Sold by
Russo Antonino and Russo Catherine M
Bought by
Obuljen Pete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.9%
Source: Public Records

Range of Values:

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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
Banuelos Heriberto $685,000 None Available
Vidovich Andrew -- None Available
Vidovich Andrew $655,000 Progressive Title Company
Lurie William $475,000 Fidelity
Obuljen Pete $245,000 Fidelity Title
Russo Antonino -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banuelos Heriberto $635,000
Closed Banuelos Heriberto $628,000
Closed Banuelos Heriberto $660,968
Previous Owner Vidovich Andrew $643,136
Previous Owner Lurie William $265,000
Previous Owner Obuljen Pete $231,000
Previous Owner Obuljen Pete $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $685,000 -1.4% $153 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $695,000 -- $155 / 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 $10,484 $843,514 $394,049 $449,465
2024 $10,484 $826,975 $386,323 $440,652
2023 $10,287 $810,761 $378,749 $432,012
2022 $9,818 $794,865 $371,323 $423,542
2021 $9,678 $779,281 $364,043 $415,238
2019 $9,394 $756,170 $353,247 $402,923
2018 $9,273 $741,344 $346,321 $395,023
2017 $9,073 $726,809 $339,531 $387,278
2016 $8,828 $712,559 $332,874 $379,685
2015 $8,701 $701,856 $327,874 $373,982
2014 $8,717 $688,109 $321,452 $366,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12049299

California Regional Multiple Listing Service (CRMLS)

APN: 7451-029-033