NOT LISTED FOR SALE

638 W 13th St San Pedro, CA 90731

Estimated Value: $1,223,000 - $1,332,000

6 Beds
3 Baths
3,192 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $775,000 $243 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,598/month

121 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Sliding Doors
  • Contemporary Architecture
  • Laundry Room
  • Landscaped

About This Home

As of May 2016

PRIDE OF OWNERSHIP BUILDING- 3 TOWNHOUSE STYLE 2BR/1 3/4 BA units. NO RENT CONTROL. Rents are below market - UPSIDE POTENTIAL. New exterior paint. NICE CONDITION. Each unit has its own laundry hook-ups and separate patio. 3 garages.

Last Agent to Sell the Property

George Harris

Harris Realty License #00444884 Listed on: 10/22/2015

Last Buyer's Agent

Ovidiu Simion

Coldwell Banker License #01897269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,271

Year Built

  • Built in 1987

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,192 Sq Ft Home
  • Sliding Doors

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 15 / 12
  • Assessor Parcel Number 7454021015

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $480
  • Insurance Expense $1,076
  • Water Sewer Expense $2,100
  • New Taxes Expense $10,238
  • Gross Income $3,575
  • Net Operating Income $28,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,271

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 273000
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 2100.00
  • Zoning: RD1.5
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7454021015
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 242.79
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Fencing: Brick, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Range Hood, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Landscaped, Rectangular Lot, Paved, Sprinklers In Front
  • Lot Size: 40x125
  • Lot Size Sq Ft: 5000.00
  • Price Per Lot Square Foot: 155.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1064
  • Electric Expense: 600.00
  • Gross Income: 3575.00
  • Gross Scheduled Income: 42900.00
  • Insurance Expense: 1076.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 28276.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 14624.00
  • Rent Control: No
  • Total Actual Rent: 3575.00

Tax Info

  • New Taxes Expense: 10238.00
  • Tax Block: 12
  • Tax Lot: 15
  • Tax Tract Number: Clay's

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
May 17, 2016
Sold by
Moscovici Uri
Bought by
Moscovici Uri and Moscovici Family Trust
Seller's Agent
George Harris
Harris Realty
Buyer's Agent
Ovidiu Simion
Coldwell Banker
List Price
$819,000
Sold Price
$775,000
Premium/Discount to List
-$44,000
-5.37%
Current Estimated Value
$1,269,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,749
Avg. Annual Appreciation
5.34%
Original Mortgage
$428,000
Outstanding Balance
$340,577
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$929,172

Purchase Details

Listed on
Oct 22, 2015
Closed on
Apr 17, 2016
Sold by
Sumich Richard H
Bought by
Moscovici Uri and Moscovici Tal
Seller's Agent
George Harris
Harris Realty
Buyer's Agent
Ovidiu Simion
Coldwell Banker
List Price
$819,000
Sold Price
$775,000
Premium/Discount to List
-$44,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$340,577
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$929,172

Purchase Details

Closed on
Sep 3, 2013
Sold by
Sumich Robert A
Bought by
Sumich Richard H

Purchase Details

Closed on
Aug 21, 2003
Sold by
Sumich Sam M
Bought by
Sumich Sam M and Sumich Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2003
Sold by
Mendoza Armando
Bought by
Sumich Sam M and Sumich Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 1997
Sold by
California Federal Bank Fsb
Bought by
Mendoza Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.16%

Purchase Details

Closed on
Oct 21, 1997
Sold by
Galletti Sebastiano
Bought by
California Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.16%
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
Moscovici Uri -- None Available
Moscovici Uri $775,000 Fidelity National Title
Sumich Richard H -- None Available
Sumich Sam M -- Fnt
Sumich Sam M $460,000 First American Title Co
Mendoza Armando $233,000 South Coast Title
California Federal Bank Fsb $157,250 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moscovici Uri $428,000
Previous Owner Sumich Sam M $320,000
Previous Owner Mendoza Armando $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $775,000 -5.4% $243 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $819,000 -- $257 / 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 $11,271 $917,436 $562,300 $355,136
2024 $11,271 $899,448 $551,275 $348,173
2023 $11,057 $881,813 $540,466 $341,347
2022 $10,549 $864,523 $529,869 $334,654
2021 $10,409 $847,573 $519,480 $328,093
2019 $10,101 $822,435 $504,073 $318,362
2018 $9,992 $806,310 $494,190 $312,120
2016 $6,881 $552,471 $312,268 $240,203
2015 $6,783 $544,173 $307,578 $236,595
2014 $6,793 $533,514 $301,553 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15231122

California Regional Multiple Listing Service (CRMLS)

APN: 7454-021-015