NOT LISTED FOR SALE

782 W 20th St San Pedro, CA 90731

Estimated Value: $1,473,000 - $1,863,000

8 Beds
5 Baths
4,300 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $1,717,000 $399 Per Sq Ft

Current estimated payment $11,189/month

20 Days on Market

About This Home

As of March 2022

We are pleased to present our recent offering . This property consist of 3 2bed/1bath units and a 2bed/2bath unit. Both upper units include private balconies and each unit has two assigned parking spots. The property under went significant renovations in excess of $150,000 including interior renovations adding additional closet space, brand new luxury kitchen and bathrooms, and all new flooring throughout. The exterior includes a security gate, fresh coat of paint and presents itself as a top of the line modern living community. The property was built in 1979 which does not fall under RSO rent control providing upside for a new owner. All tenants have paid in full throughout COVID and this property is turnkey for new ownership. Nestled in a quiet residential neighborhood, this property is ideal for any investor and wont last long.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 01/05/2022

Last Buyer's Agent

Vivian Torelli

License #00699046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,958

Year Built

  • Built in 1979

Lot Details

  • 5,007

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Covered Parking

Additional Features

  • 5,007 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7462-016-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,958

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4300
  • Lot Acreage: 0.1150
  • Probate: No
  • Stories: 2
  • Year Built: 1979
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Refrigerator
  • Price Per S Q F T: 413.72

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Covered Parking, Uncovered
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 40.47
  • Assessed Improvement Value: 400000
  • Assessed Land Percent: 59.53
  • Assessed Land Value: 588500
  • Total Assessed Value: 988500
  • Assessor Parcel Number: 7462-016-017
  • Lot Size Area: 5007

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.19
  • Number Of Units: 4
  • Total Annual Expense: 33338
  • Type Of Units: 2 Bedroom
  • Vacancy Rate: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jan 20, 2022
Sold by
Rafael Weir Jonathan
Bought by
Vivian Torelli Trust
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Vivian Torelli
List Price
$1,799,000
Sold Price
$1,717,000
Premium/Discount to List
-$82,000
-4.56%
Current Estimated Value
$1,717,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720
Avg. Annual Appreciation
-0.16%
Original Mortgage
$465,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2021
Sold by
Weir Jonathan Rafeal and Weir Jonathan
Bought by
Weir Jonathan Rafeal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 8, 2020
Sold by
Forbrich Paul A
Bought by
Weir Jonathan
Seller's Agent
JoAnn Travis
Estate Properties
Buyer's Agent
JoAnn Travis
Estate Properties
List Price
$1,180,000
Sold Price
$988,500
Premium/Discount to List
-$191,500
-16.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
Original Mortgage
$741,375
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Forbrich Paul A
Bought by
Forbrich Paul A

Purchase Details

Closed on
Nov 5, 1996
Sold by
Dukich William
Bought by
Forbrich Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,650
Interest Rate
7.76%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vivian Torelli Trust $1,716,454 New Title Company Name
Weir Jonathan Rafeal -- Corinthian Title Company Inc
Weir Jonathan $988,500 Fidelity National Title Co
Forbrich Paul A -- --
Forbrich Paul A $256,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vivian Torelli Trust $465,000
Previous Owner Weir Jonathan Rafeal $980,000
Previous Owner Weir Jonathan $741,375
Previous Owner Forbrich Paul A $90,000
Previous Owner Forbrich Paul A $246,000
Previous Owner Forbrich Paul A $250,000
Previous Owner Forbrich Paul A $199,650
Closed Forbrich Paul A $24,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $1,717,000 -3.5% $399 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $1,779,000 -1.1% $414 / Sq Ft
01/05/2022 01/05/22 For Sale $1,799,000 +82.0% $418 / Sq Ft
12/11/2020 12/11/20 Sold $988,500 -16.2% $230 / Sq Ft
11/06/2020 11/06/20 For Sale $1,180,000 -- $274 / Sq Ft
Source: The MLS

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 $21,958 $1,822,093 $1,093,044 $729,049
2024 $21,958 $1,786,366 $1,071,612 $714,754
2023 $21,532 $1,751,340 $1,050,600 $700,740
2022 $12,269 $1,008,270 $600,270 $408,000
2021 $12,102 $988,500 $588,500 $400,000
2020 $5,054 $381,226 $187,634 $193,592
2019 $4,868 $373,752 $183,955 $189,797
2018 $4,779 $366,425 $180,349 $186,076
2017 $4,679 $359,241 $176,813 $182,428
2016 $4,526 $352,198 $173,347 $178,851
2015 $4,464 $346,909 $170,744 $176,165
2014 $4,503 $340,115 $167,400 $172,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-115907

The MLS

APN: 7462-016-017