NOT LISTED FOR SALE

753 W 8th St San Pedro, CA 90731

Estimated Value: $964,000 - $1,093,000

5 Beds
3 Baths
2,184 Sq Ft
$465/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $695,000 $318 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,147/month

3 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Back and Front Yard
  • Laundry Room

About This Home

As of October 2017

#753 top floor, 3bed/1bath, wood floors, coved ceilings, faux fireplace, dining room, large kitchen with tile counters and floors, balcony, washer/dryer hook-ups and lots of vintage charm. #755 remodeled in 2010 is this 1bed/1bath bottom front unit, laminate floors, open concept kitchen with faux granite counters, bar top eating, range, white cabinets, inside laundry hook-ups, private patio/sliding door, plumbed for AC. #757 bottom back unit, private patio, wood floors, separate eat-in kitchen with tile counters and floors, large bathroom. Three (stall) car garage with ally access.

Last Agent to Sell the Property

Lisa Petrich Binns

Estate Properties License #01430041 Listed on: 09/18/2017

Estate Properties

Last Buyer's Agent

Matteo Bommarito

Keller Williams Realty License #01367522

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,639

Year Built

  • Built in 1937

Lot Details

  • 4,801 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 7 / 27
  • Tax Tract Number 27
  • Assessor Parcel Number 7454006007

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,500
  • Operating Expense $2,700
  • Net Operating Income $39,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,639

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7454006007
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 318.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 4801.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average3 Bed Area: 1100 Square Feet
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 39384.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 3216.00
  • Rent Control: Yes
  • Total Expenses: 2700.00

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 2966.00
  • Tax Lot: 7
  • Tax Tract Number: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Sep 28, 2017
Sold by
Mascola Louis Frank and Mascola Mary Grace
Bought by
Bommarito Matteo
Seller's Agent
Lisa Petrich Binns
Estate Properties
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%
Current Estimated Value
$1,015,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,898
Avg. Annual Appreciation
4.85%
Original Mortgage
$486,500
Outstanding Balance
$405,928
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$609,970

Purchase Details

Closed on
Aug 12, 2016
Sold by
Mascola Louis F and Mascola Mary Grace
Bought by
Mascola Louis Frank and Mascola Mary Grace

Purchase Details

Closed on
Jan 22, 2014
Sold by
Mascola Louis F and Mascola Mary Grace
Bought by
Mascola Louis F and Mascola Mary Grace

Purchase Details

Closed on
Sep 11, 2008
Sold by
Mascola Louis Frank and 1986 Mascola Living Trust
Bought by
Mascola Louis F

Purchase Details

Closed on
May 24, 2005
Sold by
Mascola Louis F and Mascola Mary Grace
Bought by
Mascola Louis F and Mascola Mary Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Mascola Cleopatra
Bought by
Mascola Cleopatra and 1986 Mascola Living Trust

Purchase Details

Closed on
Aug 7, 2003
Sold by
Mascola Louis F and Mascola Mary Grace
Bought by
Mascola Louis F and Mascola Mary Grace
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
Bommarito Matteo $695,000 Ticor Title Company
Mascola Louis Frank -- None Available
Mascola Louis F -- None Available
Mascola Louis F -- None Available
Mascola Louis F -- Progressive Title
Mascola Louis F -- Progressive Title
Mascola Cleopatra -- Fidelity
Mascola Louis F -- Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bommarito Matteo $486,500
Previous Owner Mascola Louis F $357,500
Closed Mascola Louis F $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2017 10/26/17 Sold $695,000 -2.8% $318 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $715,000 -- $327 / 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 $9,639 $790,787 $517,711 $273,076
2024 $9,639 $775,282 $507,560 $267,722
2023 $9,454 $760,081 $497,608 $262,473
2022 $9,016 $745,178 $487,851 $257,327
2021 $8,900 $730,568 $478,286 $252,282
2019 $8,635 $708,900 $464,100 $244,800
2018 $8,558 $695,000 $455,000 $240,000
2017 $0 $66,492 $25,113 $41,379
2016 $986 $65,189 $24,621 $40,568
2015 $974 $64,211 $24,252 $39,959
2014 $998 $62,954 $23,777 $39,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17215967

California Regional Multiple Listing Service (CRMLS)

APN: 7454-006-007