NOT LISTED FOR SALE

816 W 7th St San Pedro, CA 90731

Estimated Value: $847,808 - $901,000

3 Beds
4 Baths
1,864 Sq Ft
$471/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $499,000 $268 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,191/month

191 Days on Market

About This Home

As of September 2015

Fantastic investment opportunity in great location. Front free standing house with two one bedrooms in rear of property over private garages. Plenty of upside here with some elbow grease and TLC !!!

Last Agent to Sell the Property

Gary Kooba

Vista Sotheby’s International Realty License #00578697 Listed on: 07/30/2015

Last Buyer's Agent

Anthony Todora

Estate Properties License #00878016

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,063

Year Built

  • Built in 1932

Lot Details

  • 5,386 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,864 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7451034025

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $592
  • Water Sewer Expense $723
  • New Taxes Expense $7,529
  • Gross Income $3,301
  • Net Operating Income $24,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,063

Year Built

Built in 1932

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 723.00
  • Property Type: Residential Income
  • Parcel Number: 7451034025
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 267.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5386.00
  • Price Per Lot Square Foot: 92.65
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 3301.00
  • Gross Scheduled Income: 38898.00
  • Insurance Expense: 592.00
  • Lot Size Area: 5386.0000 Square Feet
  • Net Operating Income: 24984.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13913.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 7529.00
  • Tax Lot: 3
  • Tax Tract Number: 00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2015
Closed on
Aug 17, 2015
Sold by
Gonzalez Heriberto
Bought by
Zaarour Gabi and Zaarour Mirna
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
Anthony Todora
Estate Properties
List Price
$549,000
Sold Price
$499,000
Premium/Discount to List
-$50,000
-9.11%
Current Estimated Value
$877,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,452
Avg. Annual Appreciation
5.74%
Original Mortgage
$361,875
Outstanding Balance
$283,251
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$594,201

Purchase Details

Closed on
May 5, 2014
Sold by
Gonzalez Mary Louise
Bought by
Gonzalez Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2013
Closed on
Feb 5, 2013
Sold by
Robinett Gregory D
Bought by
Milton Street Residential Acquisitions L
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
Gary Kooba
Vista Sotheby’s International Realty
List Price
$399,000
Sold Price
$356,000
Premium/Discount to List
-$43,000
-10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Sep 26, 2012
Sold by
Perou Andrew P
Bought by
Robinett Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2011
Sold by
Perou Andrew P and Perou Jennifer D
Bought by
Perou Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2003
Sold by
Perou Andrew P
Bought by
Perou Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Perou Andrew
Bought by
Distinction Llc

Purchase Details

Closed on
May 26, 1999
Sold by
Lansing Mike
Bought by
Perou Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,818
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 1995
Sold by
Lansing Mike
Bought by
Lansing Mike and Lansing Melinda

Purchase Details

Closed on
Jun 10, 1994
Sold by
Lansing Melinda
Bought by
Lansing Mike

Purchase Details

Closed on
May 5, 1994
Sold by
Lansing Janine
Bought by
Lansing Vincent W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zaarour Gabi $482,500 Stewart Title
Gonzalez Heriberto -- Fidelity
Gonzalez Heriberto -- Fidelity
Milton Street Residential Acquisitions L -- Stewart Title Of Ca
Robinett Gregory D $405,000 Provident Title Company
Perou Andrew P -- Chicago Title Company
Perou Andrew P -- Commonwealth Land Title Co
Distinction Llc -- --
Perou Andrew $177,000 Provident Title Company
Lansing Mike -- --
Lansing Mike -- Title Land Company Inc
Lansing Vincent W -- Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaarour Gabi $361,875
Previous Owner Gonzalez Heriberto $292,000
Previous Owner Robinett Gregory D $300,000
Previous Owner Perou Andrew P $316,400
Previous Owner Perou Andrew P $244,000
Previous Owner Perou Andrew $175,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2015 09/17/15 Sold $499,000 -9.1% $268 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $549,000 +54.2% $295 / Sq Ft
02/13/2013 02/13/13 Sold $356,000 -10.8% $191 / Sq Ft View Prior Sale
01/14/2013 01/14/13 For Sale $399,000 -1.5% $214 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
12/05/2012 12/05/12 Sold $405,000 -5.6% $217 / Sq Ft View Prior Sale
09/24/2012 09/24/12 Pending -- -- --
07/21/2012 07/21/12 For Sale $429,000 -- $230 / 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 $7,063 $570,582 $355,136 $215,446
2024 $7,063 $559,395 $348,173 $211,222
2023 $6,930 $548,428 $341,347 $207,081
2022 $6,613 $537,675 $334,654 $203,021
2021 $6,527 $527,134 $328,093 $199,041
2020 $6,590 $521,730 $324,729 $197,001
2019 $6,335 $511,501 $318,362 $193,139
2018 $6,233 $501,472 $312,120 $189,352
2017 $6,097 $491,640 $306,000 $185,640
2016 $5,948 $482,000 $300,000 $182,000
2015 $5,150 $414,965 $184,429 $230,536
2014 $5,284 $406,838 $180,817 $226,021
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15022053

California Regional Multiple Listing Service (CRMLS)

APN: 7451-034-025