NOT LISTED FOR SALE

753 W 18th St San Pedro, CA 90731

Estimated Value: $695,000 - $870,000

2 Beds
2 Baths
1,550 Sq Ft
$509/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $410,000 $265 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,607/month

14 Days on Market

About This Home

As of December 2017

Subject to Rent Control. Side by side units, one bedroom, one bath, about 775 sqf each unit, both with laundry connections. Each unit has private back patios, 1-car garage with alley access, and an extra parking space next to the garage. Tenant occupied, will be delivered with tenants. Current rents are: 753 W 18th St $1,130 and 755 W 18th St $1,120. Very good tenants. Landlord pays water, tenants all other utilities. Cash offers only. Motivated seller! See agent remarks.

Last Agent to Sell the Property

Elena Moric

The Realestate Group License #01494643 Listed on: 10/05/2017

The Realestate Group

Last Buyer's Agent

Francesco Funiciello

West Shores Realty, Inc. License #01113758

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,764

Year Built

  • Built in 1922

Lot Details

  • 5,002 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 1,550 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2972
  • Assessor Parcel Number 7462009007

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,125
  • Operating Expense $2,100
  • Gross Income $27,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,764

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 7462009007
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 264.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 5002.00

Multi Family

  • Average1 Bed Area: 775 Square Feet
  • Gross Income: 27000.00
  • Gross Scheduled Income: 27000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 2100.00

Tax Info

  • New Taxes Expense: 5125.00
  • Tax Census Tract: 2972.01
  • Tax Lot: 7
  • Tax Tract Number: 2972

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Oct 20, 2017
Sold by
Gm Square Holding Llc
Bought by
Sabatino Gerardo and Sabatino Maria
Seller's Agent
Elena Moric
The Realestate Group
Buyer's Agent
Francesco Funiciello
West Shores Realty, Inc.
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$788,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,524
Avg. Annual Appreciation
8.64%
Original Mortgage
$402,573
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2017
Sold by
Zekraoui Hasnaa and Zekraoui Trust
Bought by
Gm Square Holding Llc

Purchase Details

Closed on
May 7, 2013
Sold by
Acc Prop Holding Llc
Bought by
Zekraoui Abdeslam

Purchase Details

Closed on
Mar 26, 2013
Sold by
Zekraqui Abdeslam
Bought by
Zekraoui Hasnaa and Zekraoui Trust

Purchase Details

Closed on
Apr 26, 2012
Sold by
Zekraoui Abdeslam
Bought by
Acc Prop Holding Llc

Purchase Details

Listed on
Sep 30, 2011
Closed on
Jan 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Zekraoui Abdeslam
Seller's Agent
Rob Buchan
Robert Buchan
Buyer's Agent
Elena Moric
The Realestate Group
List Price
$269,900
Sold Price
$205,000
Premium/Discount to List
-$64,900
-24.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Dec 28, 2010
Sold by
Galvan Peter and Galvan Pauline
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 31, 2006
Sold by
Olson David Allen and Keller Susan Marie
Bought by
Galvan Peter and Galvan Pauline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.16%
Mortgage Type
Fannie Mae Freddie Mac
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
Sabatino Gerardo $410,000 Stewart Title
Gm Square Holding Llc -- None Available
Zekraoui Abdeslam -- None Available
Zekraoui Hasnaa -- None Available
Acc Prop Holding Llc -- None Available
Zekraoui Abdeslam $205,000 Ticor Title
Federal Home Loan Mortgage Corp $352,000 Accommodation
Galvan Peter $470,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabatino Gerardo $402,573
Previous Owner Galvan Peter $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2017 12/15/17 Sold $410,000 0.0% $265 / Sq Ft
10/19/2017 10/19/17 For Sale $410,000 0.0% $265 / Sq Ft
10/14/2017 10/14/17 Off Market $410,000 -- --
10/07/2017 10/07/17 For Sale $410,000 0.0% $265 / Sq Ft
10/07/2017 10/07/17 Off Market $410,000 -- --
10/05/2017 10/05/17 For Sale $410,000 +100.0% $265 / Sq Ft
02/01/2012 02/01/12 Sold $205,000 -24.0% $132 / Sq Ft View Prior Sale
12/29/2011 12/29/11 Pending -- -- --
09/30/2011 09/30/11 For Sale $269,900 -- $174 / 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 $5,764 $466,506 $352,725 $113,781
2024 $5,764 $457,359 $345,809 $111,550
2023 $5,655 $448,392 $339,029 $109,363
2022 $5,394 $439,601 $332,382 $107,219
2021 $5,324 $430,982 $325,865 $105,117
2020 $5,375 $426,564 $322,524 $104,040
2019 $5,167 $418,200 $316,200 $102,000
2018 $5,077 $410,000 $310,000 $100,000
2017 $2,817 $221,864 $162,340 $59,524
2016 $2,739 $217,514 $159,157 $58,357
2015 $2,750 $214,248 $156,767 $57,481
2014 $2,772 $271,225 $200,908 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17230202

California Regional Multiple Listing Service (CRMLS)

APN: 7462-009-007