NOT LISTED FOR SALE

670 W 16th St San Pedro, CA 90731

Estimated Value: $721,000 - $876,000

2 Beds
2 Baths
1,260 Sq Ft
5,005 Sq Ft Lot

Last Sold March 01, 2022

Last sale price $670,000 $532 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,044/month

90 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Granite Countertops
  • City Lights View
  • Property is near public transit
  • Private Yard

About This Home

As of March 2022

***Subject to cancellation of previous escrow***Located in the small town of San Pedro, this duplex features two nice sized 1-bedroom, 1-bath with garage and parking space. Both units have been updated over the years and both are currently occupied. One of the units has a gravel yard and both units have a secure fence and gate.

Last Agent to Sell the Property

Steven McKay

McKay & Associates Realty License #01031922 Listed on: 09/28/2021

Last Buyer's Agent

GREGG KAWAMURA

KW Executive License #01008251

KW Executive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 1924

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Storage
  • City Lights Views

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, telephone, trash collection
  • Legal Lot and Block 20 / 18
  • Tax Tract Number 296901
  • Assessor Parcel Number 7454031020
  • $230 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $26,400
  • Net Operating Income $26,400

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,527

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARD2
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 7454031020
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan, Stone Counters, Storage, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 531.75
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage, Two On A Lot
  • View: City Lights
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, On Site, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street, Rectangular Lot, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection

Multi Family

  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Lot Size Area: 5003.0000 Square Feet
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 1
  • Rent Control: No
  • Total Actual Rent: 2200.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 2969.01
  • Tax Lot: 20
  • Tax Tract Number: 296901
  • TaxOtherAnnualAssessmentAmount: 230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2011
Sold by
Allen Mark R
Bought by
Viernes Vicente and Viernes Maria
Current Estimated Value
$823,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,814
Outstanding Balance
$164,606
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$659,172

Purchase Details

Closed on
Apr 30, 1998
Sold by
Lane Richard
Bought by
Allen Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,840
Interest Rate
7.17%
Mortgage Type
VA
Source: Public Records

Range of Values:

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List 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
Viernes Vicente $244,000 Fidelity National Title Co
Allen Mark R $142,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viernes Vicente $237,814
Previous Owner Allen Mark R $144,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $670,000 0.0% $532 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $669,900 0.0% $532 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $669,900 -1.5% $532 / Sq Ft
09/28/2021 09/28/21 For Sale $679,900 -- $540 / 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 $8,527 $711,009 $567,746 $143,263
2024 $8,527 $697,068 $556,614 $140,454
2023 $8,361 $683,400 $545,700 $137,700
2022 $3,594 $294,566 $205,233 $89,333
2021 $3,545 $288,791 $201,209 $87,582
2019 $3,439 $280,227 $195,242 $84,985
2018 $3,359 $274,733 $191,414 $83,319
2016 $3,198 $264,067 $183,982 $80,085
2015 $3,151 $260,102 $181,219 $78,883
2014 $3,172 $255,008 $177,670 $77,338
Source: Public Records

Agents Affiliated with this Home

  • Steven McKay

    Seller's Agent in 2022

    Steven McKay

    McKay & Associates Realty

    (714) 606-7770

    1 in this area

    22 Total Sales

    Steven McKay
    Section Image

  • G

    Buyer's Agent in 2022

    GREGG KAWAMURA

    KW Executive

    (626) 386-7888

    1 in this area

    12 Total Sales

    GREGG KAWAMURA
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21215168

California Regional Multiple Listing Service (CRMLS)

APN: 7454-031-020

California Los Angeles County San Pedro 90731

670 W 16th St, San Pedro, CA

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