Seller's Agent in 2023
Angela Conterno
Henry Falkenstein & Assoc
(310) 529-7338
15 in this area
27 Total Sales
778 W 18th St San Pedro, CA 90731
Estimated Value: $745,000 - $968,386
3
Beds
2
Baths
1,696
Sq Ft
$498/Sq Ft
Est. Value
Highlights
- Golf Course Community
- No HOA
- Laundry Room
- Fishing
- Hiking Trails
- Forced Air Heating System
About This Home
As of March 2023TWO DETACHED HOMES on one lot in the Vista Del Oro neighborhood of San Pedro. The front home is a roomy 2 Bedroom/1 Bath home with just under 1,000 sq ft and the Back House is a 1 Bedroom/1 Bath home at 700 sq ft. These homes have been upgraded to include forced heat (no wall heaters), Newer Copper Pipes, Double Paned Vinyl Windows, and Brand New Water Heaters last year (2022). There are two separate 1 Car garages and a long driveway for the front house to utilize for off street parking. This property is clean, aggressively priced and ready for a new owner. With both tenants paying rent, this is a great investment for a new or seasoned investor to add to your portfolio. The San Pedro area is experiencing a major revitalization with hundreds of millions of dollars being invested into the development of the LA Waterfront "West Harbor" entertainment hub, new housing construction projects scattered around the vibrant downtown area, and the ongoing Alta Sea project. Come and be a part of the best kept coastal secret in the South Bay - San Pedro!
Last Agent to Sell the Property
Henry Falkenstein & Assoc License #01134361 Listed on: 01/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,157
Year Built
- Built in 1928
Lot Details
- 5,085 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 1 Open Parking Space
- Parking Available
- Rear-Facing Garage
- Driveway
Home Design
- Duplex
- Raised Foundation
Interior Spaces
- 1,696 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 33
- Tax Tract Number 2372
- Assessor Parcel Number 7462004003
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Recreation
- Golf Course Community
- Fishing
- Park
- Dog Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $955
- Insurance Expense $1,600
- Pest Control $125
- Professional Management Expense $1,734
- Water Sewer Expense $1,380
- New Taxes Expense $7,390
- Operating Expense $13,184
- Gross Income $34,680
- Net Operating Income $21,496
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2002
Sold by
Tomich Anthony
Bought by
Tomich Anthony and Tomich Jo Ann
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tomich Anthony | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/28/2023 03/28/23 | Sold | $724,000 | -3.3% | $427 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 01/24/2023 01/24/23 | For Sale | $749,000 | -- | $442 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,157 | $753,249 | $602,391 | $150,858 |
| 2024 | $9,157 | $738,480 | $590,580 | $147,900 |
| 2023 | $978 | $56,714 | $32,483 | $24,231 |
| 2022 | $940 | $55,603 | $31,847 | $23,756 |
| 2021 | $920 | $54,514 | $31,223 | $23,291 |
| 2020 | $923 | $53,956 | $30,903 | $23,053 |
| 2019 | $897 | $52,899 | $30,298 | $22,601 |
| 2018 | $802 | $51,862 | $29,704 | $22,158 |
| 2016 | $747 | $49,850 | $28,551 | $21,299 |
| 2015 | $738 | $49,103 | $28,123 | $20,980 |
| 2014 | $755 | $48,143 | $27,573 | $20,570 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Conterno
-
Paul Falkenstein
Seller Co-Listing Agent in 2023
Paul Falkenstein
Henry Falkenstein & Assoc
(310) 519-7733
10 in this area
17 Total Sales
-
HEATHER RAMIREZ
Buyer's Agent in 2023
HEATHER RAMIREZ
Castra Realty, Inc
(951) 384-0656
1 in this area
52 Total Sales
-
RENE RAMIREZ
Buyer Co-Listing Agent in 2023
RENE RAMIREZ
Castra Realty, Inc
(951) 384-0656
1 in this area
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23012153
APN: 7462-004-003
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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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