NOT LISTED FOR SALE

645 W Ofarrell St San Pedro, CA 90731

Estimated Value: $729,000 - $809,000

3 Beds
1 Bath
1,264 Sq Ft
$604/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $625,000 $494 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,647/month

13 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Shutters
  • Traditional Architecture
  • No HOA
  • Front Porch

About This Home

As of January 2023

Stop in your tracks and check out this R2-zoned 3 bed, 1 bath San Pedro home! What a fantastic opportunity to occupy the main home and add another unit to the property for supplemental income...OR there's tons of upside potential for those looking for an investment property. Many important upgrades to the home have been recently completed including: newer roofing; freshly painted exterior; new electrical service, panel & garage sub-panel; dual-pane windows throughout; full copper supply piping and waste clean-out installed; earthquake retrofitting; additional insulation; new cinder block wall; and a newer electric gate opener. All the hard money has been spent bringing the home's systems into the modern era. The bright & airy floor plan is ripe to finish putting the new owner's personal touches on the interior design choices. Easy access to freeways, schools, and parks. Don't let this one get away!

Last Agent to Sell the Property

Francisco Garibay

GE Dean and Associates License #02154387 Listed on: 12/07/2022

Last Buyer's Agent

Cesar Morales

Keller Williams Realty License #01790324

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,831

Year Built

  • Built in 1961

Lot Details

  • 5,000 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Auto Driveway Gate
  • Driveway
  • Controlled Entrance

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Shutters
  • Bay Window
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location
  • Suburban Location

Schools

  • San Pedro High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Overhead Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / C
  • Tax Tract Number 13245
  • Assessor Parcel Number 7448030005
  • $418,159 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,831

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7448030005
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1264.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 494.46
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Bay Window(s), Double Pane Windows, Shutters
  • Bathroom Features: Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Driveway, Concrete, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban, Urban

Schools

  • High School: San Pedro
  • High School2: SANPED

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Rectangular Lot, Near Public Transit, Park Nearby, Utilities - Overhead
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: C
  • Tax Lot: 5
  • Tax Tract Number: 13245
  • TaxOtherAnnualAssessmentAmount: 418159.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 6, 2023
Sold by
Perez Herlinda
Bought by
Pacheco Heriberto
Seller's Agent
Francisco Garibay
GE Dean and Associates
Buyer's Agent
Cesar Morales
Keller Williams Realty
List Price
$624,900
Sold Price
$625,000
Premium/Discount to List
$100
0.02%
Views
51
Current Estimated Value
$763,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,134
Avg. Annual Appreciation
7.47%
Original Mortgage
$525,000
Outstanding Balance
$507,950
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$255,184

Purchase Details

Listed on
Dec 7, 2022
Closed on
Dec 28, 2022
Sold by
Carrillo Cruz Javier and Carrillo Maria Teresa
Bought by
Pacheco Heriberto and Romo Andres
Seller's Agent
Francisco Garibay
GE Dean and Associates
Buyer's Agent
Cesar Morales
Keller Williams Realty
List Price
$624,900
Sold Price
$625,000
Premium/Discount to List
$100
0.02%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$507,950
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$255,184

Purchase Details

Listed on
Aug 11, 2013
Closed on
Aug 28, 2013
Sold by
Valdez Oscar
Bought by
Carrillo Cruz Javier and Carrillo Maria Teresa
Seller's Agent
Milan Korach
The Realestate Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$375,000
Sold Price
$362,000
Premium/Discount to List
-$13,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$324,000
Interest Rate
4.46%
Mortgage Type
New Conventional
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
Pacheco Heriberto -- Orange Coast Title Company
Pacheco Heriberto $625,000 First American Title
Carrillo Cruz Javier $362,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Heriberto $525,000
Previous Owner Carrillo Cruz Javier $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2023 01/19/23 Sold $625,000 0.0% $494 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $624,900 +72.6% $494 / Sq Ft
10/01/2013 10/01/13 Sold $362,000 -3.5% $286 / Sq Ft View Prior Sale
08/22/2013 08/22/13 Pending -- -- --
08/11/2013 08/11/13 For Sale $375,000 -- $297 / 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 $7,831 $650,250 $520,200 $130,050
2024 $7,831 $637,500 $510,000 $127,500
2023 $5,298 $426,521 $341,219 $85,302
2022 $5,053 $418,159 $334,529 $83,630
2021 $4,987 $409,961 $327,970 $81,991
2019 $9,104 $397,804 $318,244 $79,560
2018 $8,995 $390,004 $312,004 $78,000
2016 $8,776 $374,862 $299,890 $74,972
2015 $4,526 $369,232 $295,386 $73,846
2014 $4,530 $362,000 $289,600 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22251323

California Regional Multiple Listing Service (CRMLS)

APN: 7448-030-005