NOT LISTED FOR SALE

666 W 5th St San Pedro, CA 90731

Estimated Value: $885,000 - $977,000

5 Beds
3 Baths
2,388 Sq Ft
$390/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $670,000 $281 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,659/month

14 Days on Market

Highlights

  • Private Yard
  • Cabrillo Avenue Elementary School Rated 9+
  • Laundry Room

About This Home

As of May 2019

Bread And Butter Units! This property is a triplex that has been upgraded throughout with all new laminate floors for each unit, new wall furnaces, freshly painted inside and outside. The front house consists of 2bd 1ba with laundry hook ups, the middle unit #B was remodeled with new kitchen cabinets with granite counter tops, new stove with dishwasher, laundry hook ups, remodeled bathroom and new windows. There is also a bonus basement for extra storage. The detached back house has separate back yard with 2bd 1ba and laundry hook ups.

Last Agent to Sell the Property

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 03/27/2019

Last Buyer's Agent

Rosibel Flores

Equity Smart Real Estate Serv License #01965611

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Home Design

  • 2,388 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 10
  • Assessor Parcel Number 7451026017

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $800
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $8,125
  • Operating Expense $14,325
  • Net Operating Income $32,025

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7451026017
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 280.57

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 780 Square Feet
  • Electric Expense: 1200.00
  • Fuel Expense: 800.00
  • Gross Scheduled Income: 48900.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 32025.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14325.00
  • Rent Control: Yes
  • Total Actual Rent: 31200.00
  • Total Expenses: 14325.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Lot: 17
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 20, 2019
Sold by
Acjj Investments Llc
Bought by
Menendez Ernesto
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Rosibel Flores
Equity Smart Real Estate Serv
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Current Estimated Value
$930,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,888
Avg. Annual Appreciation
4.95%
Original Mortgage
$636,500
Outstanding Balance
$558,476
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$372,412

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 13, 2018
Sold by
The Bank Of New York Mellon
Bought by
Acjj Investments Llc
Seller's Agent
Trish Reilly
Keller Williams Coastal Prop.
Buyer's Agent
Guadalupe Guevara
West Shores Realty, Inc.
List Price
$460,000
Sold Price
$442,050
Premium/Discount to List
-$17,950
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.97%

Purchase Details

Closed on
Jan 12, 2018
Sold by
Mkitarian George
Bought by
The Bank Of New York Mellon and The Holders Of Sami Ii Trust

Purchase Details

Closed on
Dec 5, 2016
Sold by
Zakoor Carolyn D
Bought by
Mkitarian George

Purchase Details

Closed on
Jul 29, 2016
Sold by
Zakoor Carolyn D
Bought by
Mkitarian George

Purchase Details

Closed on
Mar 31, 2015
Sold by
Mkitarian George
Bought by
Zakoor Carolyn D

Purchase Details

Closed on
Jan 14, 2009
Sold by
Mkitarian George
Bought by
Mkitarian Alexandra

Purchase Details

Closed on
Oct 21, 2005
Sold by
Mkitarian Diane
Bought by
Mkitarian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,437
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2003
Sold by
Mkitarian Diane
Bought by
Mkitarian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Smith Richard C and Smith Belia Olguin
Bought by
Mkitarian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Smith Richard C and Smith Belia Olguin
Bought by
Sackley Stuart
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menendez Ernesto $670,000 Stewart Title
Acjj Investments Llc $442,500 Title365 Company
The Bank Of New York Mellon $531,421 Title365
Mkitarian George -- None Available
Mikitarian George -- None Available
Mkitarian George -- None Available
Mkitarian George -- None Available
Zakoor Carolyn D -- None Available
Michael Immanuelle S -- None Available
Mkitarian Alexandra -- None Available
Mkitarian George -- Lsi Title Company
Mkitarian George -- Investors Title Company
Mkitarian George $200,000 Investors Title Company
Sackley Stuart -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Ernesto $636,500
Previous Owner Mkitarian George $20,437
Previous Owner Mkitarian George $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2019 05/29/19 Sold $670,000 +3.1% $281 / Sq Ft
03/27/2019 03/27/19 For Sale $650,000 +47.0% $272 / Sq Ft
04/30/2018 04/30/18 Sold $442,050 -3.9% $185 / Sq Ft View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $460,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,148 $747,393 $524,292 $223,101
2024 $9,148 $732,739 $514,012 $218,727
2023 $8,973 $718,373 $503,934 $214,439
2022 $8,559 $704,288 $494,053 $210,235
2021 $8,447 $690,479 $484,366 $206,113
2020 $8,505 $683,400 $479,400 $204,000
2019 $7,251 $591,600 $387,600 $204,000
2018 $4,531 $360,336 $221,777 $138,559
2017 $3,823 $302,226 $180,708 $121,518
2016 $3,190 $252,424 $163,873 $88,551
2015 $3,146 $248,633 $161,412 $87,221
2014 $3,151 $243,764 $158,251 $85,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19067753

California Regional Multiple Listing Service (CRMLS)

APN: 7451-026-017

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