NOT LISTED FOR SALE

742 W 12th St San Pedro, CA 90731

Estimated Value: $761,000 - $934,000

3 Beds
2 Baths
1,388 Sq Ft
$607/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $749,900 $540 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,201/month

8 Days on Market

Highlights

  • Golf Course Community
  • Primary Bedroom Suite
  • No HOA
  • Fishing
  • Spanish Architecture
  • Hiking Trails

About This Home

As of June 2023

This classic Spanish Stucco home has been lovingly cared for by the same family for 50 years. Now it's time to pass it along to the next family so they can enjoy it the way the current owners have for the last half century!! Situated in the heart of San Pedro, this home offers a gated front yard with succulent garden and inviting covered front porch. Walk through the front door into a spacious living area that features multiple windows to let the natural sunlight fill the room. From there you step into a large room that is currently used as a dining area and family room. It can certainly be used that way but it also can be easily turned back into a third bedroom and the seller is willing to do that for a buyer if that suits their needs better than the way it's currently being used. Next is the charming kitchen with wood cabinetry, built-in appliances and the laundry closet. The main hall leads you to the 3/4 guest bath and spacious secondary bedroom with large closet and built-in storage. At the end of the hall is the primary bedroom that features a walk-in closet and full bath with large soaking tub. Exit the french doors in the family room area or the door in the kitchen to access the rear yard that features multiple fruit trees, access to the walk-in basement, large concrete patio and room next to the garage to create a RV parking space. At the rear of the R2 lot is the 2 car garage with alley access. R2 zoning would allow another unit plus a ADU so there's lots of potential upside (buyer to verify with local government agencies). Home is also located a short walking distance from the rapidly developing downtown business district and is less than a mile from the multi-million dollar waterfront development that is already underway. For commuters there is quick and easy access to the 110 freeway and Vincent Thomas Bridge. This property has great potential and will not last. HURRY!

Last Agent to Sell the Property

Gary Krill

Compass License #01086159 Listed on: 05/16/2023

Compass

Last Buyer's Agent

Alesha Gonzalez

Exp Realty of California License #02146949

Exp Realty of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,392

Year Built

  • Built in 1929

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40 x 120
  • Front Yard Sprinklers
  • Back and Front Yard
  • Property is zoned LARD2

Parking

  • 2 Car Garage
  • Parking Available
  • RV Potential

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Frame Construction
  • Spanish Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 16 / 24
  • Tax Tract Number 7454
  • Assessor Parcel Number 7454017016
  • $293 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,392

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7454017016
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1388.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 540.27
  • Room Type: Family Room, Kitchen, Living Room, Master Suite
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Private: No
  • Roof: Composition, Spanish Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Cooktop, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Watersports, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size: 40 x 120
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4800.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 2969.02
  • Tax Lot: 16
  • Tax Tract Number: 7454
  • TaxOtherAnnualAssessmentAmount: 293.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 7, 2023
Sold by
Perone Family Trust
Bought by
Marquez Edith
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Alesha Gonzalez
Exp Realty of California
List Price
$749,900
Sold Price
$749,900
Views
48
Current Estimated Value
$842,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,496
Avg. Annual Appreciation
5.03%
Original Mortgage
$599,900
Outstanding Balance
$583,859
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$258,537

Purchase Details

Closed on
Sep 22, 2009
Sold by
Perone Orazio and Perone Giovanna
Bought by
Perone Orazio and Perone Giovanna
Source: Public Records

Range of Values:

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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
Marquez Edith $750,000 Fidelity National Title
Perone Orazio -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Edith $599,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $749,900 0.0% $540 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $749,900 -- $540 / 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 $9,392 $780,195 $624,135 $156,060
2024 $9,392 $764,898 $611,898 $153,000
2023 $1,145 $77,519 $29,188 $48,331
2022 $1,098 $76,000 $28,616 $47,384
2021 $1,076 $74,510 $28,055 $46,455
2019 $1,047 $72,302 $27,224 $45,078
2018 $960 $70,886 $26,691 $44,195
2017 $937 $69,497 $26,168 $43,329
2016 $900 $68,135 $25,655 $42,480
2015 $887 $67,112 $25,270 $41,842
2014 $898 $65,798 $24,775 $41,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23084899

California Regional Multiple Listing Service (CRMLS)

APN: 7454-017-016