NOT LISTED FOR SALE

809 S Grand Ave San Pedro, CA 90731

Estimated Value: $1,049,000 - $1,209,000

5 Beds
4 Baths
2,654 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $791,000 $298 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,194/month

13 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Attic
  • Double Shower
  • Spanish Architecture
  • Home Office

About This Home

As of September 2017

Looking for a golden opportunity to purchase a prime piece of real estate at an affordable price? Look no further, you have found it! An enchanting Spanish style triplex with a prestigious history is now available! "The Grand House" once used as a fine dining restaurant and art space in the '80s offers a large single family residence with basement or wine cellar, an enchanting interior courtyard for entertaining, two apartments over a four car garage, perfectly situated in a commercial zone that allows many uses. The property is located within a few blocks of the historic downtown San Pedro area and the Warner Grand Theater - a historical landmark. A few blocks further is the Los Angeles Port waterfront with the USS Iowa, the Maritime Museum and Ports O' Call - which is set to be a major tourist attraction as it undergoes a $100 million dollar renovation by Jerico Development. This is the time to get into San Pedro as this area is set for success through gentrification in the future.

Last Agent to Sell the Property

Jane La Trace

Jane La Trace License #01917375 Listed on: 08/11/2017

Last Buyer's Agent

Michael Weber

Keller Williams South Bay License #01949818

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,929

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,503 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Landscaped

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,654 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Property Views
  • Attic
  • Basement

Kitchen

  • Galley Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Bathrooms
  • Double Vanity
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • ADA Compliant

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Multi-Tank Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7454-005-026

Community Details

Overview

  • 2 Buildings
  • 3 Units

Additional Features

  • Service Entrance
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,929

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Advertising Remarks: Looking for a golden opportunity to purchase a prime piece of real estate at an affordable price? Look no further, you have found it! An enchanting Spanish style triplex with a prestigious history is now available! "The Grand House" once used as a fine dining restaurant and art space in the '80s offers a large single family residence with basement or wine cellar, an enchanting interior courtyard for entertaining, two apartments over a four car garage, perfectly situated in a commercial zone that allows many uses. The property is located within a few blocks of the historic downtown San Pedro area and the Warner Grand Theater - a historical landmark. A few blocks further is the Los Angeles Port waterfront with the USS Iowa, the Maritime Museum and Ports O' Call - which is set to be a major tourist attraction as it undergoes a $100 million dollar renovation by Jericho Development. This is the time to get into San Pedro as this area is set for success through gentrification in the future.
  • Alley: Yes
  • Building Permit: Yes
  • Disability Access: Partial Handicap Access, Ramp - Main Level
  • Entry Location: Foyer
  • Living Area: 2654
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement, Built-Ins
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Cooktop - Gas, Double Oven, Gas, Microwave, Oven, Oven-Gas, Range, Warmer Oven Drawer
  • Bedrooms: 5
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Bathroom Features: Double Shower, Double Vanity(s), Remodeled, Shower Stall, Tile
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Galley Kitchen, Pantry
  • Laundry: In Unit, Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Washer
  • Price Per S Q F T: 291.97
  • Windows: Drapes/Curtains

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, French Doors, Service Entrance
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Construction: Frame and Stucco
  • Patio: Balcony, Covered Porch, Patio Open, Porch - Front, Porch - Rear
  • Pool: No
  • Roof: Spanish Tile
  • Spa Yn: No
  • View: Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Covered Parking, Door Opener, Garage - 4+ Car, Garage Is Detached, Private
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Multi-Tank, Water Heater Unit
  • Cooling: Ceiling Fan
  • Electric Expense: 70.00
  • Heating: Fireplace, Forced Air, Wall Gas
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Gated, Smoke Detector, Window Bars
  • Sewer: In Connected and Paid
  • Water: Paid
  • Water Expense: 60.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 50.00
  • Insurance Expense: 180.00
  • Maintenance Expense: 100.00
  • Trash Expense: 43.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 53.58
  • Assessed Improvement Value: 367000
  • Assessed Land Percent: 46.42
  • Assessed Land Value: 318000
  • Total Assessed Value: 685000
  • Assessor Parcel Number: 7454-005-026
  • Geocode Override: No
  • Lot Description: Alley Paved, Exterior Security Lights, Fenced, Landscaped, Redevelopment Area, Walk Street, Yard
  • Lot Location: Alley Access, City, Near Public Transit
  • Lot Size Area: 4503

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 16000
  • Type Of Units: 3
  • Vacancy Rate: 100

Tax Info

  • Tax Expense: 699.00
  • Tax Total: 8389.00
  • Tax Rate Year: 2016

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 20, 2017
Sold by
Gallareta Carlos M Castillo and The Carlos M Castillo Gallaret
Bought by
Sihota Malik Singh
Seller's Agent
Jane La Trace
Jane La Trace
Buyer's Agent
Michael Weber
Keller Williams South Bay
List Price
$774,900
Sold Price
$791,000
Premium/Discount to List
$16,100
2.08%
Current Estimated Value
$1,147,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,518
Avg. Annual Appreciation
5.04%
Original Mortgage
$593,250
Outstanding Balance
$497,247
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$668,217

Purchase Details

Closed on
Sep 21, 2015
Sold by
Castillo Carlos M and Castillo Belinda S
Bought by
Carlos M Castillo Gallareta Revocable Li

Purchase Details

Closed on
Nov 5, 2010
Sold by
Castillo Carlos M and Castillo Belinda S
Bought by
Castillo Carlos M and Castillo Belinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Harbor Area Recovery Center
Bought by
Castillo Carlos M and Castillo Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.72%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Manhattan Funding Co
Bought by
Harbor Area Recovery Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.72%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Lucas Philip J
Bought by
Manhattan Funding Company

Purchase Details

Closed on
Jan 13, 1998
Sold by
Ginsburg Trust Ginsburg Marylyn E Tr Marylyn
Bought by
Lucas Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
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
Sihota Malik Singh $791,000 North American Title
Carlos M Castillo Gallareta Revocable Li -- None Available
Castillo Carlos M -- Lawyers Title Company
Castillo Carlos M $595,000 First American Title Co
Harbor Area Recovery Center Llc -- --
Manhattan Funding Company -- --
Lucas Philip J $250,000 Continental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sihota Malik Singh $593,250
Previous Owner Castillo Carlos M $435,000
Previous Owner Castillo Carlos M $158,000
Previous Owner Castillo Carlos M $66,000
Previous Owner Castillo Carlos M $58,000
Previous Owner Castillo Carlos M $476,000
Previous Owner Manhattan Funding Company $50,000
Previous Owner Lucas Philip J $297,000
Previous Owner Zamudio Fernando A $192,000
Previous Owner Lucas Philip J $36,000
Previous Owner Lucas Philip J $200,000
Closed Lucas Philip J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2017 09/26/17 Sold $791,000 +2.1% $298 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $774,900 -- $292 / 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 $10,929 $900,019 $558,672 $341,347
2024 $10,929 $882,372 $547,718 $334,654
2023 $10,719 $865,072 $536,979 $328,093
2022 $10,221 $848,110 $526,450 $321,660
2021 $10,087 $831,481 $516,128 $315,353
2019 $9,786 $806,820 $500,820 $306,000
2018 $9,729 $791,000 $491,000 $300,000
2017 $8,437 $685,000 $318,000 $367,000
2016 $8,389 $685,000 $318,000 $367,000
2015 $7,257 $590,000 $273,900 $316,100
2014 $6,802 $540,000 $250,700 $289,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-259548

The MLS

APN: 7454-005-026