NOT LISTED FOR SALE

900 W 3rd St San Pedro, CA 90731

Estimated Value: $875,000 - $962,209

2 Beds
4 Baths
1,760 Sq Ft
$524/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $620,000 $352 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,620/month

43 Days on Market

Highlights

  • End Unit
  • Corner Lot
  • Laundry Room

About This Home

As of February 2018

PROBATE SALE!! CLEAN 4 UNIT BUILDING ON A CORNER LOT ON A QUIET STREET WEST OF GAFFEY STREET, ONE BLOCK FROM THE YMCA. LOCATED IN THE NON RENT CONTROLLED, COUNTY OF LOS ANGELES AREA OF SAN PEDRO. NEWLY PLASTERED. 2 CORNER UNITS HAVE WASHER AND DRYER HOOK UPS. 2 GARAGES AND 2 CARPORTS. SALE IS SUBJECT TO COURT CONFIRMATION. ANY BUYER WISHING TO OVERBID, MUST PROVIDE THE COURT CAR FORM REMOVAL OF ALL CONTINGENCIES AND PROOF OF FUNDS TO CLOSE. COURT CONFIRMATION HEARING DATE IS 12/11/17 AT THE SUPERIOR COURT AT 8:30AM Dept. 99 111 N. HILL STREET LOS ANGELES.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 07/11/2017

Last Buyer's Agent

Francesco Funiciello

West Shores Realty, Inc. License #01113758

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,387

Year Built

  • Built in 1922

Lot Details

  • 4,490 Sq Ft Lot
  • No Common Walls
  • End Unit
  • Corner Lot
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,760 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7451013029

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,486
  • Operating Expense $11,386
  • Gross Income $44,160
  • Net Operating Income $32,774

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,387

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 7451013029
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: End Unit, No Common Walls
  • Price Per Square Foot: 352.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • 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: 16-20 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 4490.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44160.00
  • Gross Scheduled Income: 44160.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 32774.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11386.00
  • Rent Control: No
  • Total Actual Rent: 3680.00
  • Total Expenses: 11386.00

Tax Info

  • New Taxes Expense: 7486.00
  • Tax Census Tract: 6099.00
  • Tax Lot: 9999
  • Tax Tract Number: 9999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Mosaffa Fariba
Bought by
Bozorgzad Mohammad
Current Estimated Value
$922,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 13, 2015
Sold by
Orlando Rosalia
Bought by
Parisi Giuseppe
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$330,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 6, 2015
Sold by
Skalabrin Anna
Bought by
Parisi Giuseppe
Seller's Agent
Fred DiBernardo
Fred DiBernardo
Buyer's Agent
Fred DiBernardo
Fred DiBernardo
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1999
Sold by
Skalabrin Steve T
Bought by
Skalabrin Steve and Skalabrin Anna
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
Bozorgzad Mohammad -- Priority Title Riverside
Bozorgzad Mohammad $620,000 Priority Title
Parisi Giuseppe -- Fidelity National Title Co
Parisi Giuseppe $453,000 Fidelity National Title Co
Skalabrin Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bozorgzad Mohammad $434,000
Previous Owner Parisi Giuseppe $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2018 02/21/18 Sold $620,000 +3.5% $352 / Sq Ft
08/25/2017 08/25/17 For Sale $599,000 -3.4% $340 / Sq Ft
08/18/2017 08/18/17 Off Market $620,000 -- --
07/11/2017 07/11/17 For Sale $599,000 +30.2% $340 / Sq Ft
04/21/2015 04/21/15 Sold $460,000 +2.4% $261 / Sq Ft View Prior Sale
03/13/2015 03/13/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $449,000 -- $255 / 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 $9,387 $705,451 $455,130 $250,321
2024 $9,387 $691,619 $446,206 $245,413
2023 $8,890 $678,058 $437,457 $240,601
2022 $8,467 $664,764 $428,880 $235,884
2021 $8,373 $651,730 $420,471 $231,259
2019 $8,115 $632,400 $408,000 $224,400
2018 $6,322 $478,487 $295,754 $182,733
2016 $6,057 $459,908 $284,270 $175,638
2015 $1,683 $86,461 $58,992 $27,469
2014 -- $84,768 $57,837 $26,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17158336

California Regional Multiple Listing Service (CRMLS)

APN: 7451-013-029