NOT LISTED FOR SALE

660 W 28th St San Pedro, CA 90731

Estimated Value: $865,000 - $1,233,132

4 Beds
4 Baths
2,072 Sq Ft
$516/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $775,000 $374 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,677/month

8 Days on Market

Highlights

  • Marina
  • Contemporary Architecture
  • Tile Flooring
  • Marina View
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2018

PRIME POINT FERMIN LOCATION!!! WELL MAINTAINED INCOME PROPERTY LOCATED IN A UNIQUE SECLUDED SETTING ON THE HILL IN POINT FERMIN, OVERLOOKING LOS ANGELES HARBOR. IDEAL FOR OWNER OCCUPANT. OPEN BEAM CEILINGS, REMODELED KITCHEN AND BATHS. ALL UNITS ARE IN GOOD CONDITION WITH GOOD TENANTS. TWO CAR GARAGE AND 2 CARPORTS. SEPARATE COIN OPERATED LAUNDRY ROOM.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 03/05/2018

Last Buyer's Agent

Dean Thomas

E Real Estate Corp. License #00711417

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,769

Year Built

  • Built in 1956

Lot Details

  • 5,407 Sq Ft Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Two Garage Doors

Property Views

  • Marina
  • Harbor
  • City Lights

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7465016054

Community Details

Overview

  • 4 Units

Recreation

  • Marina

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $2,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $10,938
  • Operating Expense $17,438
  • Gross Income $57,348
  • Net Operating Income $39,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,769

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD2
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7465016054
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 374.03
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • View: City Lights, Harbor, Marina
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 5407.00

Rental Info

  • Garage Rental Rate: 200.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Garage Income: 200.00
  • Gross Income: 57348.00
  • Gross Scheduled Income: 57348.00
  • Insurance Expense: 1500.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 39910.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 17438.00
  • Rent Control: Yes
  • Total Actual Rent: 4579.00
  • Total Expenses: 17438.00
  • Waterfront Features: Marina in Community

Tax Info

  • New Taxes Expense: 10938.00
  • Tax Census Tract: 2976.02
  • Tax Lot: 9999
  • Tax Tract Number: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 11, 2018
Sold by
Ackerman John P and Ackerman Cherie
Bought by
Jordan Daniel B
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Dean Thomas
E Real Estate Corp.
List Price
$769,000
Sold Price
$775,000
Premium/Discount to List
$6,000
0.78%
Current Estimated Value
$1,069,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,033
Avg. Annual Appreciation
4.52%
Original Mortgage
$325,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1996
Sold by
Ackerman John P
Bought by
Ackerman John P and Ackerman Cherie
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
Jordan Daniel B $775,000 First American Title Company
Ackerman John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Daniel B $545,000
Closed Jordan Daniel B $325,000
Previous Owner Ackerman John P $253,000
Previous Owner Epsilon Omicron Of Sigma Nu Holding Corp $1,850,000
Previous Owner Ackerman John P $258,000
Previous Owner Epsilon Omicron Of Sigma Nu Holding Corp $1,840,000
Previous Owner Ackerman John $100,000
Previous Owner Ackerman John P $165,000
Previous Owner Ackerman John P $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $775,000 +0.8% $374 / Sq Ft
03/05/2018 03/05/18 For Sale $769,000 -- $371 / 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 $10,769 $881,812 $574,601 $307,211
2024 $10,769 $864,523 $563,335 $301,188
2023 $10,563 $847,573 $552,290 $295,283
2022 $10,076 $830,955 $541,461 $289,494
2021 $9,949 $814,663 $530,845 $283,818
2019 $9,655 $790,500 $515,100 $275,400
2018 $3,760 $294,556 $153,539 $141,017
2017 $3,679 $288,781 $150,529 $138,252
2016 $3,577 $283,120 $147,578 $135,542
2015 $3,527 $278,869 $145,362 $133,507
2014 $3,546 $273,407 $142,515 $130,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18050428

California Regional Multiple Listing Service (CRMLS)

APN: 7465-016-054