NOT LISTED FOR SALE

Estimated Value: $1,018,914

4 Beds
2 Baths
1,670 Sq Ft
$610/Sq Ft Est. Value

Sale Details

Date Sold: December 15, 2021

Last sale price $930,000 $557 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,412 / mo

43 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Bike Trail
  • San Pedro Senior High School Rated A-
  • No HOA

About This Home

As of December 2021

Looking for income property near the ocean? Here is your opportunity to invest in the Point Fermin, San Pedro community. This nicely situated detached duplex 641 & 643 W. 32nd St, consist of 2 bedrooms/1 bath each, blocks away from the beach. There is a view of the ocean from each property. Also available are two spacious storage rooms (one storage room only is currently being used by the seller, the other by the tenant in 643), a common area for garbage/recycling. The property is across from Point Fermin Elementary School and within walking distance to the LA Waterfront Multimillion-dollar development, Cabrillo Beach, Korean Friendship Bell, Point Fermin Park and Marine Mammal Care Center. Nearby activities include, walking trails, biking, swimming, sailing, surfing, and so much more.

Last Agent to Sell the Property

Quin Calvin

Elevate Real Estate Agency License #01914626 Listed on: 09/29/2021

Elevate Real Estate Agency

Last Buyer's Agent

Christyn Penna

West Shores Realty, Inc. License #02058076

West Shores Realty, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,504 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo

Home Design

  • 1,670 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas, trash collection
  • Legal Lot and Block 25 / 2
  • Tax Tract Number 301
  • Assessor Parcel Number 7467001024
  • $278 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $712
  • Other Expense $165
  • Water Sewer Expense $2,700
  • Operating Expense $3,577
  • Gross Income $48,588
  • Net Operating Income $45,011

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

4,504 Sq Ft Lot

Parking

1

Listing Details

  • Standard Status: Closed
  • Assessments: Yes
  • Inclusions: 641 W. 32nd St.-Washer & Dryer, stove, refrigerator; 643 W. 32nd St.-stove, refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 2700.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7467001024
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Price Per Square Foot: 556.89

Exterior Features

  • View: City Lights, Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4504.00
  • Lot Size Acres: 0.1034

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas, Trash Collection

Multi Family

  • Gross Income: 48588.00
  • Gross Scheduled Income: 48588.00
  • Insurance Expense: 712.00
  • Lot Size Area: 4504.0000 Square Feet
  • Net Operating Income: 45011.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3577.00
  • Other Expense: 165.00
  • Other Expense Description: LAHD Fee
  • Rent Control: Yes
  • Total Actual Rent: 48588.00
  • Total Expenses: 3577.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 2976.02
  • Tax Lot: 25
  • Tax Tract Number: 301
  • TaxOtherAnnualAssessmentAmount: 278.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 4, 2021
Sold by
Mylah Dela Rosa
Bought by
Seller's Agent
Quin Calvin
Elevate Real Estate Agency
Buyer's Agent
Christyn Penna
West Shores Realty, Inc.
List Price
$899,999
Sold Price
$930,000
Premium/Discount to List
$30,001
3.33%
Current Estimated Value
$1,018,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,914
Avg. Annual Appreciation
1.93%
Original Mortgage
$697,000
Outstanding Balance
$627,509
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$391,405

Purchase Details

Closed on
Jun 30, 2005
Sold by
Dela Rosa Mylah and De La Rosa Mylah L
Bought by
Dela Rosa Mylah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Beckmann Dale W and Beckmann Judith L
Bought by
Delarosa Mylah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1998
Sold by
Hawke William M and Hawke Dianne M
Bought by
Beckmann Dale W and Beckmann Judith L

Purchase Details

Closed on
Feb 15, 1994
Sold by
Hawke William Michael
Bought by
Hawke William Michael and Hawke Dianne Marie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in San Pedro, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$930,000 Pacific Coast Title
Dela Rosa Mylah -- Financial Title Company
Delarosa Mylah L $610,000 Ticor Title Co Fullerton
Beckmann Dale W $265,000 Fidelity National Title Ins
Hawke William Michael -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $697,000
Previous Owner Rosa Mylah De La $448,000
Previous Owner Dela Rosa Mylah $544,000
Previous Owner Delarosa Mylah L $488,000
Previous Owner Beckmann Dale W $232,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $930,000 +3.3% $557 / Sq Ft
10/09/2021 10/09/21 For Sale $899,999 -3.2% $539 / Sq Ft
10/06/2021 10/06/21 Off Market $930,000 -- --
09/29/2021 09/29/21 For Sale $899,999 -- $539 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,050 $1,006,661 $817,236 $189,425
2025 $12,050 $986,923 $801,212 $185,711
2024 $11,911 $967,572 $785,502 $182,070
2023 $11,681 $948,600 $770,100 $178,500
2022 $11,137 $930,000 $755,000 $175,000
2021 $9,134 $760,000 $495,000 $265,000
2020 $9,318 $760,300 $495,000 $265,300
2019 $7,315 $606,300 $396,000 $210,300
2018 $7,782 $640,300 $340,000 $300,300
2017 $6,149 $505,000 $414,000 $91,000
2016 $6,535 $540,000 $442,700 $97,300
2015 $6,536 $540,000 $442,700 $97,300
2014 $5,535 $550,000 $436,000 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21214531

California Regional Multiple Listing Service (CRMLS)

APN: 7467-001-024

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