NOT LISTED FOR SALE

735 W Santa Cruz St San Pedro, CA 90731

Estimated Value: $857,914 - $909,000

5 Beds
5 Baths
2,536 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $683,000 $269 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,609/month

55 Days on Market

Highlights

  • 1-Story Property
  • Rudecinda Sepulveda Dodson Middle Rated A-
  • 4-minute walk to Bandini Canyon Park

About This Home

As of October 2020

Excellent opportunity to own a 5 unit building with 3 garages, centrally located in San Pedro in an opportunity zone. This property includes a single family residence plus 2 duplexes on a street to street lot, with access from both Santa Cruz and Marshall Court with a large common area in between. The city of San Pedro is experiencing a huge wave of development including plans for a $150 million dollar redevelopment of the San Pedro Waterfront and the Ports O’ Call Village.

Last Agent to Sell the Property

Nicole Pletkovich

Keller Williams Realty License #02015236 Listed on: 08/12/2020

Keller Williams Realty

Co-Listed By

Gordon Inman

Keller Williams Realty License #00446156

Last Buyer's Agent

Marisela Handley

Realty Executives Homes License #01495466

Realty Executives Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,547

Year Built

  • Built in 1924

Lot Details

  • 9,130 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,536 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 9 / 11
  • Tax Tract Number 2085
  • Assessor Parcel Number 7451005015

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • Gross Income $45,293
  • Net Operating Income $45,293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,547

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7451005015
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 269.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9130.00
  • Lot Size Acres: 0.2096

Multi Family

  • Gross Income: 45293.00
  • Gross Scheduled Income: 45293.00
  • Lot Size Area: 9130.0000 Square Feet
  • Net Operating Income: 45293.00
  • Number Of Separate Electric Meters: 6
  • Number Of Units Total: 5
  • Rent Control: Yes
  • Total Actual Rent: 3774.00

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 2966.00
  • Tax Lot: 9
  • Tax Tract Number: 2085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 7, 2020
Sold by
Toto Ii Llc
Bought by
Miguel Pedro M and Miguel Adriana B
Seller's Agent
Nicole Pletkovich
Keller Williams Realty
Buyer's Agent
Marisela Handley
Realty Executives Homes
List Price
$729,000
Sold Price
$683,000
Premium/Discount to List
-$46,000
-6.31%
Current Estimated Value
$883,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,457
Avg. Annual Appreciation
5.26%

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 4, 2020
Sold by
Toto Ii Llc
Bought by
Toto Ii Llc
Seller's Agent
Nicole Pletkovich
Keller Williams Realty
Buyer's Agent
Marisela Handley
Realty Executives Homes
List Price
$729,000
Sold Price
$683,000
Premium/Discount to List
-$46,000
-6.31%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 7, 2013
Sold by
Coffman Robert J
Bought by
Toto Ii Llc
Seller's Agent
Bryce Kawata
Keller Williams South Bay
Buyer's Agent
Bryce Kawata
Keller Williams South Bay
List Price
$575,000
Sold Price
$395,000
Premium/Discount to List
-$180,000
-31.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 18, 2013
Sold by
Stahl Alberta P and The Bankruptcy Estate Of Joe C
Bought by
Coffman Robert J
Seller's Agent
Bryce Kawata
Keller Williams South Bay
Buyer's Agent
Bryce Kawata
Keller Williams South Bay
List Price
$575,000
Sold Price
$395,000
Premium/Discount to List
-$180,000
-31.3%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 5, 2013
Sold by
Pettitt Sara
Bought by
Coffman Robert J
Seller's Agent
Bryce Kawata
Keller Williams South Bay
Buyer's Agent
Bryce Kawata
Keller Williams South Bay
List Price
$575,000
Sold Price
$395,000
Premium/Discount to List
-$180,000
-31.3%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Camello Joe
Bought by
Camello Joe and Camello Agostino

Purchase Details

Closed on
Sep 5, 2002
Sold by
Camello Agostino and Camello Family Trust
Bought by
Camello Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Interest Rate
6.37%
Mortgage Type
Commercial
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
Miguel Pedro M $683,000 Fidelity National Title Co
Toto Ii Llc -- Accommodation
Toto Ii Llc -- Fidelity National Title Co
Coffman Robert J $395,000 Fidelity Van Nuys
Coffman Robert J -- Fidelity Van Nuys
Camello Joe -- --
Camello Joe -- North American Title Co
Camello Joe -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camello Joe $172,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $683,000 0.0% $269 / Sq Ft
09/17/2020 09/17/20 Price Changed $683,000 -6.3% $269 / Sq Ft
08/12/2020 08/12/20 For Sale $729,000 +84.6% $287 / Sq Ft
10/02/2013 10/02/13 Sold $395,000 -31.3% $156 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $575,000 -- $227 / 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 $9,547 $739,300 $468,692 $270,608
2024 $9,547 $724,804 $459,502 $265,302
2023 $9,375 $710,593 $450,493 $260,100
2022 $8,965 $696,660 $441,660 $255,000
2021 $8,853 $683,000 $433,000 $250,000
2020 $6,146 $442,749 $280,221 $162,528
2019 $5,930 $434,069 $274,727 $159,342
2018 $5,827 $425,559 $269,341 $156,218
2016 $5,524 $409,035 $258,883 $150,152
2015 $5,452 $402,892 $254,995 $147,897
2014 $5,502 $395,000 $250,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20163006

California Regional Multiple Listing Service (CRMLS)

APN: 7451-005-015