NOT LISTED FOR SALE

672 W 12th St San Pedro, CA 90731

Estimated Value: $1,402,000 - $1,651,915

9 Beds
8 Baths
4,118 Sq Ft
$368/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $1,050,000 $255 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,267/month

23 Days on Market

Highlights

  • Laundry Room
  • San Pedro Senior High School Rated A-
  • 1-Story Property

About This Home

As of January 2018

CLEAN NEWER APARTMENT BUILDING IN GOOD SAN PEDRO LOCATION WITH NO RENT CONTROL. LARGE 4 BEDROOM 3 BATH OWNER UNIT. GREAT INVESTMENT OPPORTUNITY. NEAR THE REDEVELOPING DOWNTOWN AREA OF SAN PEDRO AREA AND THE NEW SAN PEDRO PUBLIC MARKET AND PROMENADE AT LOS ANGELES HARBOR.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 09/12/2017

Last Buyer's Agent

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 09/12/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 6,751 Sq Ft Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 8 Car Garage

Interior Spaces

  • 4,118 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Washer

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7454018023

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $3,000
  • New Taxes Expense $14,987
  • Operating Expense $20,687
  • Gross Income $88,690
  • Net Operating Income $68,003

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

6,751 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7454018023
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 254.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 6751.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Garage Income: 200.00
  • Gross Income: 88690.00
  • Gross Scheduled Income: 88690.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 68003.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 20687.00
  • Rent Control: No
  • Total Actual Rent: 7390.00
  • Total Expenses: 20687.00

Tax Info

  • New Taxes Expense: 14987.00
  • Tax Census Tract: 2969.02
  • Tax Lot: 9999
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Hanover Donald L and Hanover Paula R
Bought by
Donpaula Properties Llc
Current Estimated Value
$1,515,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2020
Sold by
Hanover Paula R Irvine
Bought by
Hanover Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2020
Sold by
Hanover Donald L
Bought by
Hanover Donald L and Hanover Paula R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2020
Sold by
Donpaula Properties Llc
Bought by
Hanover Donald L and Hanover Paula R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2017
Closed on
Feb 12, 2018
Sold by
Hanover Donald L and Hanover Puala R Irvine
Bought by
Donpaula Properties Llc
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%

Purchase Details

Listed on
Sep 12, 2017
Closed on
Jan 3, 2018
Sold by
Hanover Paula Roxanne Irvine
Bought by
Hanover Donald
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%

Purchase Details

Closed on
Oct 11, 2017
Sold by
Shulman Steven and Shulman Roslyn
Bought by
Hanover Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1996
Sold by
Shulman Roslyn Kay
Bought by
Shulman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.86%

Purchase Details

Closed on
May 3, 1996
Sold by
Shulman Roslyn K
Bought by
Shulman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
7.8%

Purchase Details

Closed on
Apr 29, 1996
Sold by
Federal National Mortgage Association
Bought by
Shulman Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
7.8%

Purchase Details

Closed on
Jan 18, 1996
Sold by
Kuran John and Kuran Zvona
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donpaula Properties Llc -- None Available
Hanover Donald L -- Lawyers Title Vn
Hanover Donald L -- Lawyers Title Company
Hanover Donald L -- Lawyers Title Company
Hanover Donald L -- None Available
Donpaula Properties Llc -- None Available
Hanover Donald L -- None Available
Hanover Donald -- Fidelity National Title
Hanover Donald $1,114,500 Fidelity National Title
Shulman Steven -- --
Shulman Steven -- First American Title Co
Shulman Steven $251,000 First American Title Co
Federal National Mortgage Association $309,317 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanover Donald L $780,000
Previous Owner Hanover Donald $810,000
Previous Owner Shulman Steven $200,000
Previous Owner Shulman Steven $200,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $1,050,000 -8.6% $255 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/20/2017 09/20/17 Price Changed $1,149,000 -4.2% $279 / Sq Ft
09/12/2017 09/12/17 For Sale $1,199,000 -- $291 / 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 $15,509 $1,267,536 $846,542 $420,994
2024 $15,509 $1,242,684 $829,944 $412,740
2023 $15,213 $1,218,319 $813,671 $404,648
2022 $14,513 $1,194,431 $797,717 $396,714
2021 $14,322 $1,171,012 $782,076 $388,936
2020 $14,464 $1,159,005 $774,057 $384,948
2019 $13,898 $1,136,280 $758,880 $377,400
2018 $4,797 $366,451 $163,514 $202,937
2017 $4,697 $359,266 $160,308 $198,958
2016 $4,547 $352,222 $157,165 $195,057
2015 $4,484 $346,933 $154,805 $192,128
2014 $4,479 $340,138 $151,773 $188,365
Source: Public Records

Agents Affiliated with this Home

  • Fred DiBernardo

    Seller's Agent in 2018

    Fred DiBernardo

    Fred DiBernardo

    (310) 832-4572

    85 in this area

    132 Total Sales

    Fred DiBernardo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17209465

California Regional Multiple Listing Service (CRMLS)

APN: 7454-018-023

California Los Angeles County San Pedro 90731

672 W 12th St, San Pedro, CA

Not Listed for Sale

MultiFamily

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