NOT LISTED FOR SALE

823 W Santa Cruz St San Pedro, CA 90731

Estimated Value: $927,274 - $1,235,000

4 Beds
3 Baths
2,108 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $840,000 $398 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,456/month

Highlights

  • Laundry Room
  • Rudecinda Sepulveda Dodson Middle Rated A-
  • 2-minute walk to Bandini Canyon Park

About This Home

As of June 2021

Immaculate Property to own and rent the other 2 units for income. Property was fully upgraded in 2017 with New Roof, rock finish on the front house, all new concrete work between the house and the back units; . Major renovations on foundation work for the house and the front house got an updated bathroom with new plumbing. New kitchen cabinets and stone countertops. Upstairs back unit has hardwood flooring throughout, with plenty of space overlooking the Vincent Thomas Bridge. The studio in the back is completely remodeled, new cabinets/counter tops in kitchen and bath, and new carpet.
2020 front building fumigated and brand new electrical panel as well as new security bars
In 2020 a new wall fence was installed and many more minor upgrades.

Last Agent to Sell the Property

Cathy Arinaitwe

Sunrise Acceptance Corp. License #02065114 Listed on: 02/01/2021

Last Buyer's Agent

Francisco Mendez

Del Mar Realty License #01836084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,098

Year Built

  • Built in 1962

Lot Details

  • 6,080 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,108 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Listing and Financial Details

  • Legal Lot and Block 12 / 10
  • Tax Tract Number 2085
  • Assessor Parcel Number 7451003004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,608
  • Insurance Expense $1,578
  • Trash Expense $888
  • Water Sewer Expense $1,920
  • New Taxes Expense $10,000
  • Operating Expense $14,117
  • Gross Income $55,920
  • Net Operating Income $3,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,098

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 266666
  • Property Attached: Yes
  • Water Sewer Expenses: 1920.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7451003004
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 398.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 888.36
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6080.00
  • Lot Size Acres: 0.1396

Multi Family

  • Electric Expense: 1608.20
  • Gross Income: 55920.00
  • Gross Scheduled Income: 4660.00
  • Insurance Expense: 1577.70
  • Lot Size Area: 6080.0000 Square Feet
  • Net Operating Income: 3245.61
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 1415.11
  • Rent Control: Yes
  • Total Actual Rent: 4660.00
  • Total Expenses: 14116.56

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 10
  • Tax Census Tract: 2966.00
  • Tax Lot: 12
  • Tax Tract Number: 2085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 14, 2021
Sold by
Kinney Rona Dajao
Bought by
Guerra Joseph and Gutierrez Jessica
Seller's Agent
Cathy Arinaitwe
Sunrise Acceptance Corp.
Buyer's Agent
Francisco Mendez
Del Mar Realty
List Price
$800,000
Sold Price
$840,000
Premium/Discount to List
$40,000
5%
Current Estimated Value
$1,015,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,069
Avg. Annual Appreciation
4.59%
Original Mortgage
$824,785
Outstanding Balance
$749,504
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$265,565

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 13, 2021
Sold by
Guerra Belinda
Bought by
Guerra Joseph
Seller's Agent
Cathy Arinaitwe
Sunrise Acceptance Corp.
Buyer's Agent
Francisco Mendez
Del Mar Realty
List Price
$800,000
Sold Price
$840,000
Premium/Discount to List
$40,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,785
Outstanding Balance
$749,504
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$265,565

Purchase Details

Listed on
Apr 19, 2017
Closed on
Aug 31, 2017
Sold by
Yin Samnang
Bought by
Kinney Rona Dajao
Seller's Agent
Dorothy Galaz
Park Place Realty Group
Buyer's Agent
Frank Hernandez
Sunrise Acceptance Corp
List Price
$6,850,000
Sold Price
$650,000
Premium/Discount to List
-$6,200,000
-90.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$476,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2017
Closed on
Aug 17, 2017
Sold by
Galaz Vincent and Galaz Dorothy Susan
Bought by
Kinney Rona Dajao
Seller's Agent
Dorothy Galaz
Park Place Realty Group
Buyer's Agent
Frank Hernandez
Sunrise Acceptance Corp
List Price
$6,850,000
Sold Price
$650,000
Premium/Discount to List
-$6,200,000
-90.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 25, 2013
Closed on
Feb 10, 2014
Sold by
Us Bank National Association
Bought by
Galaz Vincent and Galaz Dorothy Susan
Seller's Agent
Michael Pinnere
Standard Real Estate Services, Inc.
Buyer's Agent
Theresa Valencia Koch
Park Place Realty Group
List Price
$389,900
Sold Price
$403,300
Premium/Discount to List
$13,400
3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Giambrone Joseph
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 3, 2013
Sold by
Giambrowe Joseph
Bought by
Giambrowe Joseph and Woodson John

Purchase Details

Closed on
Aug 1, 2013
Sold by
Giambrone Joseph
Bought by
Giambrone Joseph and Monero Rudy

Purchase Details

Closed on
May 28, 2013
Sold by
Giambrone Joseph
Bought by
Giambrone Joseph and Johnson Walter

Purchase Details

Closed on
May 14, 2013
Sold by
Giambrone Joseph
Bought by
Giambrone Joseph and Harjani William

Purchase Details

Closed on
Apr 2, 2013
Sold by
Giambrone Joseph
Bought by
Giambrone Joseph and The Santa Cruz Trust

Purchase Details

Closed on
Jun 4, 2012
Sold by
Giambrone Joseph
Bought by
The Santa Cruz Trust

Purchase Details

Closed on
Jul 15, 2002
Sold by
Giambrone Joseph
Bought by
Giambrone Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
7.75%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Stowman Mary Lou
Bought by
Giambrone Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,150
Interest Rate
7.66%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1996
Sold by
Brandt Michael Lee and Brandt Irene
Bought by
Leblanc Rudolph J and Stowman Mary Lou
Source: Public Records

Range of Values:

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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
Guerra Joseph $840,000 Western Resources Title
Guerra Joseph -- Western Resources Title
Kinney Rona Dajao -- Pacific Coast Title Company
Kinney Rona Dajao $650,000 Pacific Coast Title Company
Galaz Vincent $403,500 Servicelink
Us Bank National Association $410,000 None Available
Giambrowe Joseph -- None Available
Giambrone Joseph -- None Available
Giambrone Joseph -- Title Company
Giambrone Joseph -- Title Company
Giambrone Joseph -- None Available
The Santa Cruz Trust -- None Available
Giambrone Joseph -- First American Title Co
Giambrone Joseph $143,500 First American
Giambrone Joseph -- First American
Stowman Mary Lou -- --
Leblanc Rudolph J -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Joseph $824,785
Previous Owner Kinney Rona Dajao $476,250
Previous Owner Giambrone Joseph $228,550
Previous Owner Giambrone Joseph $360,000
Previous Owner Giambrone Joseph $96,400
Previous Owner Giambrone Joseph $270,000
Previous Owner Giambrone Joseph $50,000
Previous Owner Giambrone Joseph $204,000
Previous Owner Giambrone Joseph $198,800
Previous Owner Giambrone Joseph $129,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $840,000 +5.0% $398 / Sq Ft
05/19/2021 05/19/21 Price Changed $800,000 0.0% $380 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $800,000 +23.1% $380 / Sq Ft
09/07/2017 09/07/17 Sold $650,000 -5.1% $308 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/18/2017 07/18/17 Price Changed $685,000 -90.0% $325 / Sq Ft
07/17/2017 07/17/17 Price Changed $6,850,000 0.0% $3,250 / Sq Ft
07/17/2017 07/17/17 For Sale $6,850,000 +953.8% $3,250 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
06/12/2017 06/12/17 Off Market $650,000 -- --
05/24/2017 05/24/17 Price Changed $669,000 -5.8% $317 / Sq Ft
04/19/2017 04/19/17 For Sale $710,000 0.0% $337 / Sq Ft
04/18/2014 04/18/14 Rented $1,400 -13.8% --
04/18/2014 04/18/14 For Rent $1,625 0.0% --
02/14/2014 02/14/14 Sold $403,300 +3.4% $191 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $389,900 -- $185 / 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 $11,098 $909,242 $584,513 $324,729
2024 $11,098 $891,414 $573,052 $318,362
2023 $10,886 $873,936 $561,816 $312,120
2022 $10,383 $856,800 $550,800 $306,000
2021 $8,411 $683,265 $367,912 $315,353
2020 $8,494 $676,260 $364,140 $312,120
2019 $8,163 $663,000 $357,000 $306,000
2018 $8,033 $650,000 $350,000 $300,000
2016 $5,197 $417,318 $258,883 $158,435
2015 $5,123 $411,051 $254,995 $156,056
2014 $5,182 $405,000 $250,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21021171

California Regional Multiple Listing Service (CRMLS)

APN: 7451-003-004