Seller's Agent in 2024
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
6 in this area
42 Total Sales
866 W 25th St San Pedro, CA 90731
Estimated Value: $1,040,478 - $1,100,000
6
Beds
4
Baths
2,792
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Harbor Views
- Private Yard
- Laundry Room
- Quartz Countertops
- Double Door Entry
- Shed
About This Home
As of May 2024Investor opportunity or eventually live in one and collect rent from the other unit. We are pleased to present this unique duplex property opportunity. The property offers the perfect combination of comfort and income-generating potential, making it a must-see for both homebuyers and investors alike. Whether you are looking to live in one unit and rent the other one or rent both, this is the perfect property. Both units have 3 bedrooms and 2 bathrooms, providing ample living space for families or groups. One unit has been remodeled with new luxury vinyl flooring and kitchen cabinets, giving it a modern and stylish look. In-unit laundry on both units provides convenience and ease of living. Newer roof, with 2-car garage and a driveway for additional parking offers ample parking options. Enjoy your own private oasis in the private backyard, perfect for entertaining guests or simply relaxing. This property is in an excellent South San Pedro Location, West of Gaffey, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks such as Angeles Gate Park and Pt. Fermin Park and Lighthouse. It is also a short bike ride to Cabrillo Beach, Cabrillo Marina and the multimillion dollar LA Waterfront Development (link) /. This property would qualify for low down payment FHA financing.
Last Agent to Sell the Property
Coldwell Banker Commercial Brokerage Phone: 714-856-7017 License #01484265 Listed on: 03/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,100
Year Built
- Built in 1949
Lot Details
- 5,000 Sq Ft Lot
- 1 Common Wall
- Masonry wall
- Private Yard
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Two Garage Doors
Property Views
- Harbor
- Bluff
Home Design
- Duplex
- Turnkey
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,792 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Door Entry
- Laminate Flooring
Kitchen
- Gas Oven
- Gas Range
- Quartz Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Shed
Utilities
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 17 / 17
- Assessor Parcel Number 7463011017
- $408 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $17,700
- Gross Income $66,900
- Net Operating Income $47,301
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2024
Closed on
May 3, 2024
Sold by
Hadfield Hope and Hope Hadfield Revocable Living Trust
Bought by
Beshay Manal Habib and Kallah Pierre Saliba
Seller's Agent
George Bustamante
Coldwell Banker Commercial
Buyer's Agent
Emmanuel Solomon
Keller Williams Palos Verdes
List Price
$1,095,000
Sold Price
$1,050,000
Premium/Discount to List
-$45,000
-4.11%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,687
Avg. Annual Appreciation
1.20%
Original Mortgage
$735,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 1, 2022
Sold by
Grgas Dane J and Grgas Janja
Bought by
Hope Hadfield Revocable Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 30, 1996
Sold by
Grgas Dane J
Bought by
Grgas Dane J and Grgas Janja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.87%
Purchase Details
Closed on
Sep 12, 1996
Sold by
Grgas Marijan and Grgas Mary
Bought by
Grgas Dane J and Grgas Janja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.87%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beshay Manal Habib | $1,050,000 | Ticor Title Company Of Califor | |
| Hope Hadfield Revocable Living Trust | $856,000 | First American Title Company O | |
| Grgas Dane J | -- | First American | |
| Grgas Dane J | $130,009 | First American |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beshay Manal Habib | $735,000 | |
| Closed | Beshay Manal Habib | $735,000 | |
| Previous Owner | Hope Hadfield Revocable Living Trust | $760,000 | |
| Previous Owner | Hope Hadfield Revocable Living | $780,000 | |
| Previous Owner | Grgas Dane J | $350,000 | |
| Previous Owner | Grgas Dane J | $210,000 | |
| Previous Owner | Grgas Dane J | $165,000 | |
| Previous Owner | Grgas Dane J | $155,000 | |
| Previous Owner | Grgas Dane J | $134,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $1,050,000 | -4.1% | $376 / Sq Ft |
| 04/16/2024 04/16/24 | For Sale | $1,095,000 | +4.3% | $392 / Sq Ft |
| 04/15/2024 04/15/24 | Off Market | $1,050,000 | -- | -- |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 04/04/2024 04/04/24 | Price Changed | $1,095,000 | -2.7% | $392 / Sq Ft |
| 03/05/2024 03/05/24 | For Sale | $1,125,000 | -- | $403 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,100 | $1,071,000 | $698,700 | $372,300 |
| 2024 | $11,100 | $890,582 | $624,240 | $266,342 |
| 2023 | $10,888 | $873,120 | $612,000 | $261,120 |
| 2022 | $4,224 | $327,363 | $154,862 | $172,501 |
| 2021 | $4,159 | $320,945 | $151,826 | $169,119 |
| 2019 | $4,040 | $311,427 | $147,324 | $164,103 |
| 2018 | $3,939 | $305,322 | $144,436 | $160,886 |
| 2016 | $3,739 | $293,468 | $138,828 | $154,640 |
| 2015 | $3,687 | $289,061 | $136,743 | $152,318 |
| 2014 | $3,711 | $283,400 | $134,065 | $149,335 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2024
Emmanuel Solomon
Keller Williams Palos Verdes
(310) 406-4363
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24043588
APN: 7463-011-017
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