NOT LISTED FOR SALE

835 W 1st St San Pedro, CA 90731

Estimated Value: $1,093,000 - $1,392,000

7 Beds
4 Baths
2,826 Sq Ft
$440/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $1,000,000 $354 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,908/month

6 Days on Market

About This Home

As of November 2020

Calling all Builders/ Investors. Currently 4 units with the ability to add two more units. The property features 3 lots join together all zoned R1.5 Flat lot with alley access. Currently three buildings, a duplex with 2 two bedroom/one bath units, a two bedroom/one bathroom unit above a three car garage and a one bedroom/one bathroom single family house. All the units are metered separately and have their own laundry inside. Great opportunity to add more income in the future with more units. Subject to rent control.

Last Agent to Sell the Property

Scott Nollner

Simonetti & Associates License #01373935 Listed on: 09/28/2020

Last Buyer's Agent

Mario Lieras Castrellon

Keller Williams Realty License #02034012

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,523

Year Built

  • Built in 1959

Lot Details

  • 9,386 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,826 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 2966
  • Assessor Parcel Number 7451011012

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,080
  • Insurance Expense $1,676
  • Water Sewer Expense $6,000
  • New Taxes Expense $12,718
  • Operating Expense $21,474
  • Gross Income $68,884
  • Net Operating Income $47,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,523

Year Built

Built in 1959

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7451011012
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 353.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 9386.00
  • Lot Size Acres: 0.2155

Multi Family

  • Gross Income: 68883.60
  • Gross Scheduled Income: 68884.00
  • Insurance Expense: 1676.00
  • Lot Size Area: 9386.0000 Square Feet
  • Net Operating Income: 47409.60
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 21474.00
  • Rent Control: Yes
  • Total Expenses: 21474.00

Tax Info

  • New Taxes Expense: 12718.00
  • Tax Lot: 18
  • Tax Tract Number: 2966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 16, 2020
Sold by
Iorwerth Rhys
Bought by
Castrellon Tjmario Lieras and Lieras Daisy
Seller's Agent
Scott Nollner
Simonetti & Associates
Buyer's Agent
Mario Lieras Castrellon
Keller Williams Realty
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Current Estimated Value
$1,244,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,367
Avg. Annual Appreciation
4.10%
Original Mortgage
$750,000
Outstanding Balance
$670,432
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$539,950

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 12, 2018
Sold by
Williams Wendy Faye
Bought by
Williams Rhys Iorwerth
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Scott Nollner
Simonetti & Associates
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$731,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 24, 2018
Sold by
Gauci Melba E and The Melba E Gauci Trust
Bought by
Williams Rhys Iorwerth
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Scott Nollner
Simonetti & Associates
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Gauci Melba E
Bought by
Gauci Melba E and Melba E Gauci Trust

Purchase Details

Closed on
Jun 12, 2008
Sold by
Hurst Ashton I and Gauci Melba E
Bought by
Gauci Melba E

Purchase Details

Closed on
Mar 26, 2004
Sold by
Hurst Ashton I
Bought by
Hurst Ashton I and Gauci Melba E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.56%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 27, 1999
Sold by
Castorena Thomas and Castorena Angie
Bought by
Hurst Ashton I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,050
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1999
Sold by
Castorena Thomas and Castorena Angela M
Bought by
Castorena Thomas and Castorena Angie
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
Castrellon Tjmario Lieras $1,020,000 North American Title Company
Williams Rhys Iorwerth -- Ticor Title Company
Williams Rhys Iorwerth $975,000 Ticor Title Company
Gauci Melba E -- None Available
Gauci Melba E -- None Available
Hurst Ashton I -- Chicago Title Co
Hurst Ashton I $200,000 Gateway Title
Castorena Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castrellon Tjmario Lieras $750,000
Previous Owner Williams Rhys Iorwerth $731,250
Previous Owner Hurst Ashton I $250,000
Previous Owner Hurst Ashton I $240,000
Previous Owner Hurst Ashton I $184,884
Previous Owner Hurst Ashton I $184,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $1,000,000 -4.7% $354 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,049,000 +7.6% $371 / Sq Ft
06/21/2018 06/21/18 Sold $975,000 -7.1% $345 / Sq Ft
04/25/2018 04/25/18 For Sale $1,050,000 -- $372 / 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 $13,523 $1,104,079 $779,350 $324,729
2024 $13,523 $1,082,431 $764,069 $318,362
2023 $13,265 $1,061,208 $749,088 $312,120
2022 $12,656 $1,040,400 $734,400 $306,000
2021 $12,496 $1,020,000 $720,000 $300,000
2020 $12,678 $1,014,390 $660,654 $353,736
2019 $12,183 $994,500 $647,700 $346,800
2018 $3,614 $270,150 $135,075 $135,075
2017 $3,539 $264,854 $132,427 $132,427
2016 $3,432 $259,662 $129,831 $129,831
2015 $3,386 $255,762 $127,881 $127,881
2014 $3,424 $250,752 $125,376 $125,376
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20203671

California Regional Multiple Listing Service (CRMLS)

APN: 7451-011-012