NOT LISTED FOR SALE

652 W 1st St San Pedro, CA 90731

Estimated Value: $839,000 - $926,000

2 Beds
1 Bath
1,872 Sq Ft
$468/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $575,000 $307 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,255/month

49 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • Private Yard
  • Neighborhood Views
  • Turnkey

About This Home

As of June 2018

Fabulous duplex in the upcoming neighborhood of San Pedro just minutes from the beach and the San Pedro Public Market. Both units are in excellent condition and each unit is currently rented out for $1650 per unit. Both units are 2 bed, 1 bath and have laundry hookups inside the unit and a 1 car garage for each unit. Both units have its own patio and the property is prominently located in a prime location that is up & coming with quick access to freeways, shops, restaurants and parks. Don't miss out on this excellent opportunity! Both units will be delivered occupied.

Last Agent to Sell the Property

Philip Kang

Real Broker License #01862860 Listed on: 04/03/2018

Co-Listed By

John Lee

Landmark Real Estate License #01934106

Last Buyer's Agent

Y Minh Nguyen

Realty One Group West License #02052658

Realty One Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,026

Year Built

  • Built in 1918

Lot Details

  • 6,748 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Value in Land

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Turnkey
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,872 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2966
  • Assessor Parcel Number 7451006010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $480
  • Water Sewer Expense $1,920
  • New Taxes Expense $7,200
  • Operating Expense $10,800
  • Gross Income $39,600
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,026

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • View: Yes
  • Water Sewer Expenses: 1920.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7451006010
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 307.16

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Value In Land, Walkstreet, Yard
  • Lot Size Sq Ft: 6748.00

Multi Family

  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2800.00
  • Rent Control: Yes
  • Total Actual Rent: 3300.00
  • Total Expenses: 10800.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Area: 13245
  • Tax Lot: 20
  • Tax Tract Number: 2966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Tran Lam Kerry
Bought by
Tran Lam Kerry
Current Estimated Value
$876,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$275,814
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$600,202

Purchase Details

Closed on
Dec 17, 2024
Sold by
Nguyen Gillian Hang Ny
Bought by
Tran Lam Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Outstanding Balance
$275,814
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$600,202

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 23, 2018
Sold by
Park Bumjin
Bought by
Tran Lam Kerry
Seller's Agent
Philip Kang
Real Broker
Buyer's Agent
Y Minh Nguyen
Realty One Group West
List Price
$589,000
Sold Price
$575,000
Premium/Discount to List
-$14,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 10, 2013
Sold by
Cooper Pery and Cooper Shari
Bought by
Park Bumjin
Seller's Agent
Christin Han
Coldwell Banker Best Realty
Buyer's Agent
June Malikian
No Firm Affiliation
Sold Price
$1,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$285,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jun 3, 2013
Sold by
Min Jae Young
Bought by
Park Bumjin
Seller's Agent
Christin Han
Coldwell Banker Best Realty
Buyer's Agent
June Malikian
No Firm Affiliation
Sold Price
$1,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
Castillo Irene
Bought by
Cooper Perry and Cooper Shari

Purchase Details

Closed on
Sep 4, 2007
Sold by
Jft Investments
Bought by
Castillo Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,800
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Donfrio Thomas J
Bought by
Jft Investments

Purchase Details

Closed on
Apr 20, 2006
Sold by
Donfrio Amy L
Bought by
Donfrio Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,400
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2006
Sold by
Sarton Rosalie Linda
Bought by
Donfrio Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,400
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 6, 2003
Sold by
Sarton Rosalie Linda and Rosalie Linda Sarton Revocable
Bought by
Sarton Rosalie Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
7.99%

Purchase Details

Closed on
Sep 13, 2002
Sold by
Sarton Rosalie Linda
Bought by
Sarton Rosalie Linda and Rosalie Linda Sarton Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2001
Sold by
Sarton Rosalie Linda
Bought by
Sarton Rosalie Linda and Rosalie Linda Sarton Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.09%

Purchase Details

Closed on
Aug 20, 2001
Sold by
Sarton Rosalie Linda and Salas Ernestine
Bought by
Sarton Rosalie Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Rosas Amelia
Bought by
Rosas Amelia Martinez and Sarton Rosalie Linda
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
Tran Lam Kerry -- Provident Title Company
Tran Lam Kerry -- Provident Title Company
Tran Lam Kerry -- Provident Title Company
Tran Lam Kerry -- Provident Title Company
Tran Lam Kerry $576,000 Stewart Title
Park Bumjin $380,000 Wfg Title Company Of Ca
Park Bumjin -- Wfg Title Company Of Ca
Cooper Perry $214,435 None Available
Castillo Irene $631,000 Commonwealth
Jft Investments -- Accommodation
Donfrio Thomas J -- Commonwealth
Donfrio Thomas J $506,000 Commonwealth
Sarton Rosalie Linda -- Stewart Title
Sarton Rosalie Linda -- First American
Sarton Rosalie Linda -- First American Title Co
Sarton Rosalie Linda -- First American Title Co
Sarton Rosalie Linda -- --
Sarton Rosalie Linda -- First American Title Co
Rosas Amelia Martinez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Lam Kerry $278,000
Closed Tran Lam Kerry $278,000
Previous Owner Tran Lam Kerry $453,100
Previous Owner Park Bumjin $285,000
Previous Owner Castillo Irene $504,800
Previous Owner Donfrio Thomas J $455,400
Previous Owner Sarton Rosalie Linda $167,000
Previous Owner Sarton Rosalie Linda $143,000
Previous Owner Sarton Rosalie Linda $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $575,000 -2.4% $307 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $589,000 0.0% $315 / Sq Ft
10/23/2014 10/23/14 Rented $1,550 0.0% --
09/23/2014 09/23/14 Under Contract -- -- --
07/21/2014 07/21/14 For Rent $1,550 0.0% --
08/01/2013 08/01/13 Rented $1,550 -3.1% --
07/29/2013 07/29/13 Under Contract -- -- --
07/01/2013 07/01/13 For Rent $1,600 0.0% --
06/27/2013 06/27/13 Sold $380,000 +8.6% $203 / Sq Ft View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $350,000 -- $187 / 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 $8,026 $655,384 $416,442 $238,942
2024 $8,026 $642,534 $408,277 $234,257
2023 $7,873 $629,936 $400,272 $229,664
2022 $7,511 $617,585 $392,424 $225,161
2021 $7,414 $605,477 $384,730 $220,747
2019 $7,194 $587,520 $373,320 $214,200
2018 $5,179 $411,254 $183,982 $227,272
2017 $5,067 $403,191 $180,375 $222,816
2016 $4,940 $395,287 $176,839 $218,448
2015 $4,870 $389,350 $174,183 $215,167
2014 $4,873 $381,724 $170,771 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18075914

California Regional Multiple Listing Service (CRMLS)

APN: 7451-006-010