NOT LISTED FOR SALE

7318 S San Pedro St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $876,526 - $1,083,000

4 Beds
2 Baths
2,664 Sq Ft
$369/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $405,000 $152 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,821/month

48 Days on Market

About This Home

As of July 2014

Great owner user opportunity or rental investment
duplex is a 2x 4bd 2ba , top unit currently vacant , bottom unit tenant occupied $1850/mo , vacant unit freshly painted mostly new window blinds thru out. Units have off street secured parking for 4+ cars , low maintenance low water consumption landscape in place, building has installed 3 faux security cameras . Duplex next door also for sale same set up , same owner, seller may opt to do a 1031 exchange. Do not disturb tenant/occupants

Last Agent to Sell the Property

Hugo Rodriguez

Countywide Financial Group License #00673227 Listed on: 02/28/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,641

Year Built

  • Built in 2007

Lot Details

  • 4,920 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,664 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 6022018015

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,315
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,641

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6022018015
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 152.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4920.00
  • Lot Size Acres: 0.1130

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 3700.00
  • Lot Size Area: 4920.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1845.00

Tax Info

  • New Taxes Expense: 5315.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Vineet Vibhor
Bought by
Vineet Vibhor and Vibhor Vineet Investment Trust
Current Estimated Value
$962,199

Purchase Details

Closed on
Jun 12, 2019
Sold by
Vinita Vineet Vinod and Vinita Vineet
Bought by
Vinod Vineet and Vinod Vinita Vineet

Purchase Details

Closed on
Jan 20, 2015
Sold by
Vineet Vipul
Bought by
Vineet Family Trust

Purchase Details

Closed on
Oct 22, 2014
Sold by
Vineet Vibhor
Bought by
Vineet Vibhor and Vineet Vinod

Purchase Details

Listed on
Feb 28, 2014
Closed on
May 12, 2014
Sold by
Zerr Denis
Bought by
Vineet Vibhor and Vineet Vinod
Seller's Agent
Hugo Rodriguez
Countywide Financial Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$424,950
Sold Price
$405,000
Premium/Discount to List
-$19,950
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$243,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2010
Sold by
Zerr Teresa
Bought by
Zerr Denis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Glaser Jeffrey
Bought by
Zerr Denis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2010
Sold by
Glaser Ellen Sue
Bought by
Glaser Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Glaser Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2009
Sold by
Torrejon Jose A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 22, 2008
Sold by
Diamond Properties/Development Inc
Bought by
Torrejon Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Melvin Morris Llc
Bought by
Diamond Properties/Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 24, 1999
Sold by
Strunzo Development Corp
Bought by
Morris Melvin

Purchase Details

Closed on
Sep 14, 1999
Sold by
Morris Romana J
Bought by
Morris Melvin

Purchase Details

Closed on
Sep 3, 1999
Sold by
Mitchell Maude and Estate Of Henry Mitchell
Bought by
Strunzo Development Corp
Source: Public Records

Range of Values:

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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
Vineet Vibhor -- None Available
Vinod Vineet -- None Available
Vineet Family Trust -- None Available
Vineet Vibhor -- None Available
Vineet Vibhor $405,000 Lawyers Title
Zerr Denis -- Fidelity Van Nuys
Zerr Denis $335,000 Fidelity Van Nuys
Glaser Jeffrey -- Lawyers Title Company
Glaser Jeffrey $282,500 Accommodation
Jpmorgan Chase Bank National Association $214,000 None Available
Torrejon Jose A $600,000 Investors Title Company
Diamond Properties/Development Inc $450,000 Chicago Title Insurance Co
Melvin Morris Llc -- Chicago
Morris Melvin $95,000 American Title Co
Morris Melvin -- American Title Co
Strunzo Development Corp $77,572 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vineet Vibhor $243,000
Previous Owner Zerr Denis $245,000
Previous Owner Zerr Denis $251,250
Previous Owner Glaser Jeffrey $260,000
Previous Owner Torrejon Jose A $480,000
Previous Owner Diamond Properties Developments Inc $420,000
Previous Owner Diamond Properties/Development Inc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $405,000 -4.7% $152 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $424,950 -- $160 / 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 $6,641 $524,866 $274,842 $250,024
2024 $6,641 $514,575 $269,453 $245,122
2023 $6,518 $504,486 $264,170 $240,316
2022 $6,225 $494,595 $258,991 $235,604
2021 $6,139 $484,898 $253,913 $230,985
2019 $5,961 $470,518 $246,383 $224,135
2018 $5,854 $461,293 $241,552 $219,741
2016 $5,194 $411,175 $192,897 $218,278
2015 $5,121 $405,000 $190,000 $215,000
2014 $4,575 $350,115 $125,414 $224,701
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Hugo Rodriguez

    Countywide Financial Group

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,777 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14042079

California Regional Multiple Listing Service (CRMLS)

APN: 6022-018-015

California Los Angeles County Los Angeles 90003 Florence

7318 S San Pedro St, Los Angeles, CA

This home is located at 7318 S San Pedro St, Los Angeles, CA 90003 since 28 February 2014 and is currently estimated at $983,382, approximately $369 per square foot. This property was built in 2007. 7318 S San Pedro St is a home located in Los Angeles County with nearby schools including Wisdom Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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

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