NOT LISTED FOR SALE

674 W 36th St San Pedro, CA 90731

Estimated Value: $1,074,000 - $1,200,623

2 Beds
1 Bath
1,812 Sq Ft
$628/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $465,000 $257 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,624/month

40 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Wood Flooring
  • Spa
  • Property is near a park
  • Granite Countertops

About This Home

As of February 2013

Great income property located in desirable Point Fermin area. Enjoy breathtaking views of the harbor from this duplex on a corner lot!
Front 2 bedroom house is COMPLETELY rehabbed with refinished hardwood floors, new wall furnace, recessed lighting, electrical including fixtures & dimmer switches, kitchen w/granite counters, travertine tile flooring, stainless steel appliances, travertine tiled flooring in bathroom w/new vanity, spa and granite counter top, separate indoor laundry room. New mirrored closet doors and ceiling fans in bedrooms, new drywall throughout the house, new casing, baseboard, doors, crown molding throughout, new landscaping with new sod and sprinklers. Spacious patio with lattice cover great for entertaining with long driveway and 1 car garage. Must see to appreciate.

Last Agent to Sell the Property

Armando Mendoza

West Shores Realty, Inc. License #01280264 Listed on: 11/27/2012

Last Buyer's Agent

Fred DiBernardo

Fred DiBernardo License #00573495

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,998

Year Built

  • Built in 1922

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Front and Side Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Lawn

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Property Attached
  • Interior Block Wall
  • Shingle Roof

Interior Spaces

  • 1,812 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Mirrored Closets Doors
  • 1 Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Property is near a park

Utilities

  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Tax Lot 7467
  • Tax Tract Number 11
  • Assessor Parcel Number 7467011009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • New Taxes Expense $6,238
  • Gross Income $2,650
  • Net Operating Income $23,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,998

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7467011009
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Price Per Square Foot: 256.62
  • Room Type: Living Room

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Level, Lawn, Landscaped, Park Nearby, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water

Multi Family

  • Average1 Bed Area: 812
  • Average2 Bed Area: 1000
  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 23162.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8638.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6238.00
  • Tax Lot: 7467
  • Tax Tract Number: 011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Jan 29, 2013
Sold by
Acjj Investments Llc
Bought by
Bologna Jerry
Seller's Agent
Armando Mendoza
West Shores Realty, Inc.
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Current Estimated Value
$1,138,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,406
Avg. Annual Appreciation
7.32%
Original Mortgage
$372,000
Outstanding Balance
$258,964
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$879,442

Purchase Details

Closed on
Nov 28, 2012
Sold by
Mendoza Armando
Bought by
Acjj Investments Llc

Purchase Details

Listed on
Feb 16, 2012
Closed on
Aug 6, 2012
Sold by
Veo David
Bought by
Mendoza Armando
Seller's Agent
Ray Burch
Golden West Realty
Buyer's Agent
Robert Peterson
Golden West Realty
List Price
$250,000
Sold Price
$332,500
Premium/Discount to List
$82,500
33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Feb 1, 1994
Sold by
Reece Suzanne D and Martin Suzanne D
Bought by
Reece William R and Reece Suzanne D

Purchase Details

Closed on
Nov 10, 1993
Sold by
Reece William R and Reece Suzanne D
Bought by
Veo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
3.62%
Source: Public Records

Range of Values:

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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
Bologna Jerry $465,000 Fatcola
Acjj Investments Llc -- None Available
Mendoza Armando $332,500 First American Title Company
Reece William R -- First American Title Co
Veo David $208,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bologna Jerry $372,000
Previous Owner Veo David $166,800
Closed Veo David $20,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2013 02/08/13 Sold $465,000 -6.8% $257 / Sq Ft
01/06/2013 01/06/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $499,000 +50.1% $275 / Sq Ft
08/29/2012 08/29/12 Sold $332,500 +33.0% $183 / Sq Ft View Prior Sale
03/02/2012 03/02/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $250,000 -- $138 / 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 $6,998 $572,602 $227,808 $344,794
2024 $6,998 $561,376 $223,342 $338,034
2023 $6,865 $550,369 $218,963 $331,406
2022 $6,549 $539,578 $214,670 $324,908
2021 $6,462 $528,999 $210,461 $318,538
2020 $6,524 $523,575 $208,303 $315,272
2019 $6,270 $513,310 $204,219 $309,091
2018 $6,157 $503,246 $200,215 $303,031
2016 $5,873 $483,707 $192,442 $291,265
2015 $5,787 $476,442 $189,552 $286,890
2014 $5,813 $467,110 $185,839 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12144811

California Regional Multiple Listing Service (CRMLS)

APN: 7467-011-009