Seller's Agent in 2024
sue groff
Seven Gables Real Estate
(714) 296-6356
1 in this area
8 Total Sales
954 W 26th St San Pedro, CA 90731
Estimated Value: $1,310,000 - $1,361,000
9
Beds
5
Baths
4,537
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- No HOA
- Double Pane Windows
- Park
- San Pedro Senior High School Rated A-
- Living Room Balcony
- Laundry Room
About This Home
As of September 2024Discover an incredible investment opportunity in the scenic and historic Point Fermin area of San Pedro. This charming 4-plex features (3) 2-bedroom, 1-bath apartments, and (1) spacious 3-bedroom, 2-bath unit. The 2 bedroom unit upstairs will convey unoccupied, furnished with a refrigerator, washer & dryer and has a balconey. The 3-bedroom unit also has a large balconey.
Residents will love being just steps away from Point Fermin Park, where they can take in breathtaking ocean views, lush greenery, and peaceful walking paths. The property is also near the iconic Point Fermin Lighthouse and other historic landmarks, adding a touch of vintage charm to the neighborhood. For those who enjoy the beach, Cabrillo Beach is nearby for swimming and sunbathing along with other vibrant local attractions.
The neighborhood is rich in history, with well-preserved homes and buildings that showcase early 20th-century architecture and offers a wide variety of Local dining options.
This property not only provides excellent rental income potential but also offers a serene and culturally rich living environment. Don’t miss the chance to own a piece of Point Fermin’s unique charm and beauty.
Last Agent to Sell the Property
Seven Gables Real Estate Brokerage Phone: 714-296-6356 License #01885250 Listed on: 07/26/2024
Co-Listed By
Seven Gables Real Estate Brokerage Phone: 714-296-6356 License #01413282
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 5,000 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Single Garage Door
- Garage Door Opener
Home Design
- Quadruplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 4,537 Sq Ft Home
- 2-Story Property
- Stair Climber
- Double Pane Windows
- Living Room Balcony
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer and Electric Dryer Hookup
Accessible Home Design
- No Interior Steps
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 27 / 40
- Tax Tract Number 297
- Assessor Parcel Number 7463014026
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Park
Building Details
- 3 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Water Sewer Expense $1,800
- New Taxes Expense $16,200
- Operating Expense $18,000
- Gross Income $84,600
- Net Operating Income $84,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Aug 16, 2024
Sold by
Cuan Elsa Li
Bought by
Bautista Erik Gustavo
Seller's Agent
sue groff
Seven Gables Real Estate
Buyer's Agent
Nikica Vasily
COMPASS
List Price
$1,350,000
Sold Price
$1,335,000
Premium/Discount to List
-$15,000
-1.11%
Views
5
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
$141
Avg. Annual Appreciation
0.01%
Original Mortgage
$934,500
Outstanding Balance
$918,504
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$416,637
Purchase Details
Listed on
Jul 26, 2024
Closed on
Aug 7, 2024
Sold by
Munch Family Trust and Lee Lanning Jana
Bought by
Bautista Erik and Benites Alisa Paulina
Seller's Agent
sue groff
Seven Gables Real Estate
Buyer's Agent
Nikica Vasily
COMPASS
List Price
$1,350,000
Sold Price
$1,335,000
Premium/Discount to List
-$15,000
-1.11%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$934,500
Outstanding Balance
$918,504
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$416,637
Purchase Details
Closed on
Aug 19, 2016
Sold by
Munch Richard A
Bought by
Munch Richard A and Munch Judith A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bautista Erik Gustavo | -- | First American Title Company | |
| Bautista Erik | $1,335,000 | First American Title Company | |
| Munch Richard A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bautista Erik | $934,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2024 09/04/24 | Sold | $1,335,000 | -1.1% | $294 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | For Sale | $1,350,000 | -- | $298 / 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 | $3,341 | $1,335,000 | $730,000 | $605,000 |
| 2024 | $3,341 | $235,590 | $84,802 | $150,788 |
| 2023 | $3,285 | $230,972 | $83,140 | $147,832 |
| 2022 | $3,147 | $226,444 | $81,510 | $144,934 |
| 2021 | $3,081 | $222,005 | $79,912 | $142,093 |
| 2019 | $2,996 | $215,423 | $77,543 | $137,880 |
| 2018 | $2,895 | $211,200 | $76,023 | $135,177 |
| 2016 | $2,717 | $203,001 | $73,072 | $129,929 |
| 2015 | $2,681 | $199,953 | $71,975 | $127,978 |
| 2014 | $2,714 | $196,038 | $70,566 | $125,472 |
Source: Public Records
Agents Affiliated with this Home
-
sue groff
-
Robert Van Der Goes
Seller Co-Listing Agent in 2024
Robert Van Der Goes
Seven Gables Real Estate
(714) 305-2050
1 in this area
99 Total Sales
-
Nikica Vasily
Buyer's Agent in 2024
Nikica Vasily
COMPASS
(818) 645-2400
2 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24152146
APN: 7463-014-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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