NOT LISTED FOR SALE

953 W 25th St San Pedro, CA 90731

Estimated Value: $871,000 - $974,000

4 Beds
2 Baths
1,742 Sq Ft
$533/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $520,000 $299 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,475/month

59 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • San Pedro Senior High School Rated A-
  • Parking Storage or Cabinetry
  • Carpet

About This Home

As of February 2014

Ideal Residential Income property in San Pedro `s Palisades neighborhood . 2 bedroom 1 bath duplex with interior laundry hook up for each unit .Detached 2 car garage with adjacent additional parking for 2 cars or 1 RV in the back yard protected by a metal sliding gate . 1 beautiful organic orange tree bears fruit twice a year just outside garage area in the back yard .

Lower unit has updated kitchen with microwave hood and granite counter tops . Bedrooms have ceiling fans for warm summer nights .
Living Room & Bedrooms are carpeted . Kitchen, Bathroom, Dining area & hallway have tile flooring .

Upper unit has updated kitchen with under cabinet lighting, microwave hood ,granite counter top ,stainless steel built in dishwasher and recessed lighting .
Living Room is carpeted . Kitchen ,Bathroom ,Dining area & hallway have tile flooring
Bedrooms have manufactured hardwood flooring .
All 24 exterior windows have been replaced with dual pane insulated windows.

Last Agent to Sell the Property

Armando Liceaga

Home Team Realty License #01910105 Listed on: 11/14/2013

Last Buyer's Agent

Dolores Nunez

Golden West Realty License #00829956

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,002 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 1,742 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 10
  • Tax Tract Number 2975
  • Assessor Parcel Number 7463014010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $900
  • Maintenance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $1,500
  • New Taxes Expense $2,773
  • Gross Income $3,100
  • Net Operating Income $34,080

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Built in dishwasher in upper unit .
  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 7463014010
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 298.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Inside
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5002.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5002.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 34080.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Operating Expense: 800.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2773.00
  • Tax Lot: 10
  • Tax Tract Number: 2975
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Holcomb Mitchell K and Holcomb Katherine A
Bought by
Holcomb Family Trust and Holcomb
Current Estimated Value
$927,924

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 27, 2014
Sold by
Galarza Martinez Gloria E
Bought by
Holcomb Mitchell K and Holcomb Katherine A
Seller's Agent
Armando Liceaga
Home Team Realty
Buyer's Agent
Dolores Nunez
Golden West Realty
List Price
$585,000
Sold Price
$520,000
Premium/Discount to List
-$65,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$390,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Martinez Alexander E
Bought by
Galarza Martinez Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2001
Sold by
Martinez Alexander E
Bought by
Galarza Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 6, 1997
Sold by
Rangel Edgar
Bought by
Galarza Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,881
Interest Rate
7.26%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 1997
Sold by
Hoinsky Steven P
Bought by
Galarza Gloria and Galarza Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,881
Interest Rate
7.26%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holcomb Family Trust -- None Listed On Document
Holcomb Mitchell K $520,000 Ticor Title Co
Galarza Martinez Gloria E -- First American Title Co Los
Galarza Gloria E -- American Title Co
Galarza Gloria E -- --
Galarza Gloria $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holcomb Mitchell K $390,000
Previous Owner Galarza Martinez Gloria E $260,000
Previous Owner Galarza Gloria E $180,000
Previous Owner Galarza Gloria $155,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $520,000 -11.1% $299 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $585,000 -- $336 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,812 $637,437 $459,692 $177,745
2024 $7,812 $624,939 $450,679 $174,260
2023 $7,663 $612,687 $441,843 $170,844
2022 $7,310 $600,675 $433,180 $167,495
2021 $7,216 $588,898 $424,687 $164,211
2019 $7,002 $571,434 $412,092 $159,342
2018 $6,927 $560,230 $404,012 $156,218
2017 $6,776 $549,246 $396,091 $153,155
2016 $6,615 $538,477 $388,325 $150,152
2015 $6,519 $530,389 $382,492 $147,897
2014 $2,736 $207,094 $130,251 $76,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13232723

California Regional Multiple Listing Service (CRMLS)

APN: 7463-014-010