NOT LISTED FOR SALE

705 W 39th St San Pedro, CA 90731

Estimated Value: $1,298,000 - $1,599,000

8 Beds
4 Baths
3,712 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $950,000 $256 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $9,173/month

48 Days on Market

About This Home

As of June 2016

Wonderful 4 unit apartment building in the beautiful and highly desirable Point Fermin area of San Pedro. This building features 4 two bedroom 1.5 bathroom townhouse style apartments and each unit has been updated with new windows and sliding doors. Two of the units have been completely remodeled with new ceramic tile floor, granite counter tops in kitchens, new carpet and updated bathrooms. Each unit has washer dryer hook ups inside and a yard. Ample parking in back of property with alley access, located close to Korean friendship bell, Angels Gate and Point Fermin parks. Hurry, this won’t last long!

Last Agent to Sell the Property

Richard Herrera

Realty Source Incorporated License #01954520 Listed on: 03/14/2016

Last Buyer's Agent

Cariy Hernandez

Keller Williams Realty License #01211566

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,341

Year Built

  • Built in 1964

Lot Details

  • 6,101 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,712 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available

Additional Features

  • Gas Cooktop
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 9
  • Assessor Parcel Number 7467021004

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $700
  • Insurance Expense $1,500
  • Trash Expense $900
  • Water Sewer Expense $4,000
  • New Taxes Expense $11,940
  • Gross Income $6,367
  • Net Operating Income $57,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,341

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 5.70
  • Property Attached: Yes
  • Water Sewer Expenses: 4000.00
  • Property Type: Residential Income
  • Gardener Expense: 700.00
  • Parcel Number: 7467021004
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 255.93
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6101.00
  • Price Per Lot Square Foot: 155.71
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 6367.00
  • Gross Multiplier: 13.00
  • Gross Scheduled Income: 76404.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6101.0000 Square Feet
  • Net Operating Income: 57364.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19040.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 11940.00
  • Tax Block: 9
  • Tax Lot: 4
  • Tax Tract Number: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Hernandez Caridad
Bought by
Hernandez Marco A and Hernandez Caridad
Current Estimated Value
$1,490,885

Purchase Details

Listed on
Mar 14, 2016
Closed on
Apr 12, 2016
Sold by
Silva Gregory
Bought by
Hernandez Caridad and Hernandez Marco A
Seller's Agent
Richard Herrera
Realty Source Incorporated
Buyer's Agent
Cariy Hernandez
Keller Williams Realty
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$690,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2015
Sold by
Stapleton Edward Francis
Bought by
The Albert R Silva Trust

Purchase Details

Closed on
Feb 16, 2007
Sold by
Silva Albert
Bought by
Stapleton Edward Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 6, 2007
Sold by
Silva Ana Lidia and Silva Albert
Bought by
Silva Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hernandez Marco A -- None Available
Hernandez Caridad $920,000 Fidelity National Title Co
The Albert R Silva Trust $721,546 First American Title
Stapleton Edward Francis $840,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Caridad $690,000
Previous Owner The Albert R Silva Trust $22,000
Previous Owner Stapleton Edward Francis $672,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $950,000 -4.5% $256 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $995,000 -- $268 / 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 $13,341 $1,089,088 $615,572 $473,516
2024 $13,341 $1,067,734 $603,502 $464,232
2023 $13,087 $1,046,799 $591,669 $455,130
2022 $12,485 $1,026,274 $580,068 $446,206
2021 $12,320 $1,006,152 $568,695 $437,457
2019 $11,955 $976,311 $551,828 $424,483
2018 $11,829 $957,168 $541,008 $416,160
2016 $10,727 $873,114 $395,947 $477,167
2015 $11,483 $936,404 $490,498 $445,906
2014 $11,539 $918,062 $480,890 $437,172
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Richard Herrera

    Realty Source Incorporated

  • C

    Buyer's Agent in 2016

    Cariy Hernandez

    Keller Williams Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16036333

California Regional Multiple Listing Service (CRMLS)

APN: 7467-021-004

California Los Angeles County San Pedro 90731

705 W 39th St, San Pedro, CA

This home is located at 705 W 39th St, San Pedro, CA 90731 since 14 March 2016 and is currently estimated at $1,490,885, approximately $401 per square foot. This property was built in 1964. 705 W 39th St is a home located in Los Angeles County with nearby schools including Leland Street Elementary School, Dana Middle School, and San Pedro Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes