NOT LISTED FOR SALE

642 W Ofarrell St San Pedro, CA 90731

Estimated Value: $807,000 - $935,000

7 Beds
2 Baths
1,132 Sq Ft
$783/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $960,000 $848 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,623/month

4 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of July 2023

HUGE PRICE REDUCTION to sell asap-Both units available, amazing opportunity knocks. Enjoy the spacious front 3 bedroom 1 bath with washer hookups inside and tastefully remodeled with new kitchen cabinets and counters. There is a little yard in between and the back unit is 4 bedrooms 2 baths with two stories and a lovely kitchen.There is lots of parking in the rear at least 4 cars+ perhaps rv. There is also a two car garage with may be converted to an adu. The rents can be set to market price and no need to relocate tenants. The back property I not listed in the square footage it is a very spacious unit and was added about 20 years ago

Last Agent to Sell the Property

Matteo Bommarito

Keller Williams Realty License #01367522 Listed on: 06/08/2023

Keller Williams Realty

Last Buyer's Agent

Sergio Scerra

Keller Williams Realty License #01969977

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,800

Year Built

  • Built in 1948

Lot Details

  • 5,826 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Den with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Tax Tract Number 2241
  • Assessor Parcel Number 7448009017
  • $277 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,800

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7448009017
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1132.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 7
  • Entry Level: 1
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 848.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5826.00
  • Lot Size Acres: 0.1337

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5826.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 2965.00
  • Tax Lot: 1
  • Tax Tract Number: 2241
  • TaxOtherAnnualAssessmentAmount: 277.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 11, 2023
Sold by
Valdovinos Maribel
Bought by
Najera Cenobio Adan
Seller's Agent
Matteo Bommarito
Keller Williams Realty
Buyer's Agent
Sergio Scerra
Keller Williams Realty
List Price
$999,999
Sold Price
$960,000
Premium/Discount to List
-$39,999
-4%
Views
314
Current Estimated Value
$886,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,374
Avg. Annual Appreciation
-3.41%
Original Mortgage
$942,612
Outstanding Balance
$920,126
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
-$33,500

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 26, 2023
Sold by
Victor Ponce And Sylvia R Ponce Living T
Bought by
Najera Cenobio Adan and Valdovinos Brandon Adan
Seller's Agent
Matteo Bommarito
Keller Williams Realty
Buyer's Agent
Sergio Scerra
Keller Williams Realty
List Price
$999,999
Sold Price
$960,000
Premium/Discount to List
-$39,999
-4%
Views
314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,612
Outstanding Balance
$920,126
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
-$33,500

Purchase Details

Closed on
Jul 23, 1997
Sold by
Ponce Victor
Bought by
Ponce Victor and Ponce Sylvia R
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
Najera Cenobio Adan -- Fidelity National Title
Najera Cenobio Adan $960,000 Fidelity National Title
Ponce Victor -- --
Ponce Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Najera Cenobio Adan $942,612
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $960,000 -4.0% $848 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $999,999 -- $883 / 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 $11,800 $979,200 $612,000 $367,200
2024 $11,800 $960,000 $600,000 $360,000
2023 $2,693 $207,993 $34,397 $173,596
2022 $2,572 $203,916 $33,723 $170,193
2021 $2,536 $199,918 $33,062 $166,856
2019 $2,461 $193,990 $32,082 $161,908
2018 $2,339 $190,187 $31,453 $158,734
2016 $2,222 $182,804 $30,233 $152,571
2015 $2,190 $180,059 $29,779 $150,280
2014 $2,184 $176,533 $29,196 $147,337
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matteo Bommarito

    Keller Williams Realty

    Section Image

  • S

    Buyer's Agent in 2023

    Sergio Scerra

    Keller Williams Realty

    (310) 977-8495

    44 in this area

    75 Total Sales

    Sergio Scerra
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23101550

California Regional Multiple Listing Service (CRMLS)

APN: 7448-009-017

California Los Angeles County San Pedro 90731

642 W Ofarrell St, San Pedro, CA

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California Regional Multiple Listing Service (CRMLS) 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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