M
Seller's Agent in 2021
Matthew Sillaman
LB Property Management Inc
9912 S San Pedro St Los Angeles, CA 90003
Green Meadows NeighborhoodEstimated Value: $752,000 - $921,093
5
Beds
4
Baths
2,576
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Garage
- Rectangular Lot
- Laundry Room
About This Home
As of July 20219912 S San Pedro St. is a 2-unit duplex located in the Vermont Vista area of South Los Angeles, CA. The property’s centralized location is between Downtown Los Angeles and Long Beach and offers tenants easy access with the nearby 105 & 110 FWY Interchange.
Built in 2007, the duplex is comprised of two units: one 3+2 & one 2+2. The property is 100% occupied. Both tenants are Section-8 and current on rent. Each unit has its own dedicated laundry room with tenants paying for electric and gas. The property is approximately
2,576 square feet. There are no shared hallways or common space within the building. The property features an enclosed private garage/ driveway (4 total spaces) at rear of property with alleyway access.
Priced to sell. The property offers cash flow now with upside. Great for owner-user, first time investor, or addition to portfolio. Email or call Agent for property marketing package: Matt Sillaman.
Last Agent to Sell the Property
Matthew Sillaman
LB Property Management Inc License #01925847 Listed on: 04/11/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,334
Year Built
- Built in 2007
Lot Details
- 2,850 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Shared Driveway
Home Design
- Duplex
Interior Spaces
- 2,576 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 5 / 8
- Tax Tract Number 6401
- Assessor Parcel Number 6052017050
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Electric Expense $1,700
- Insurance Expense $1,200
- Maintenance Expense $1,400
- Pest Control $300
- New Taxes Expense $8,438
- Operating Expense $13,208
- Net Operating Income $40,242
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 27, 2023
Sold by
Roh Solmi
Bought by
S Connectone Management Llc
Total Days on Market
59
Current Estimated Value
Purchase Details
Closed on
Oct 4, 2023
Sold by
Yim Bryan Bulim
Bought by
Roh Solmi
Purchase Details
Listed on
Apr 11, 2021
Closed on
Jul 1, 2021
Sold by
Provident Trust Group Llc
Bought by
Roh Solmi and Yim Bryan Bulim
Seller's Agent
Matthew Sillaman
LB Property Management Inc
List Price
$675,000
Sold Price
$618,000
Premium/Discount to List
-$57,000
-8.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$463,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Polycomp Trust Company
Purchase Details
Closed on
Jul 20, 2009
Sold by
Stoops Kurt
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Feb 14, 2007
Sold by
Diamond Properties Developments Inc
Bought by
Stoops Kurt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.12%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| S Connectone Management Llc | -- | Accommodation/Courtesy Recordi | |
| Roh Solmi | -- | Accommodation/Courtesy Recordi | |
| Roh Solmi | $618,000 | North American Title | |
| Polycomp Trust Company | $228,000 | Lsi Title Agency | |
| Federal Home Loan Mortgage Corporation | $295,000 | Fidelity Natl Title Ins Co | |
| Stoops Kurt | $545,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Roh Solmi | $463,500 | |
| Previous Owner | Stoops Kurt | $436,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2021 07/12/21 | Sold | $618,000 | -4.8% | $240 / Sq Ft |
| 05/12/2021 05/12/21 | Price Changed | $649,000 | -3.9% | $252 / Sq Ft |
| 04/11/2021 04/11/21 | For Sale | $675,000 | -- | $262 / 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 | $8,334 | $734,400 | $510,000 | $224,400 |
| 2024 | $8,334 | $642,967 | $416,160 | $226,807 |
| 2023 | $8,177 | $630,360 | $408,000 | $222,360 |
| 2022 | $7,809 | $618,000 | $400,000 | $218,000 |
| 2021 | $3,778 | $271,885 | $71,546 | $200,339 |
| 2020 | $3,808 | $269,098 | $70,813 | $198,285 |
| 2019 | $3,671 | $263,823 | $69,425 | $194,398 |
| 2018 | $3,595 | $258,651 | $68,064 | $190,587 |
| 2016 | $3,410 | $248,609 | $65,422 | $183,187 |
| 2015 | $3,360 | $244,876 | $64,440 | $180,436 |
| 2014 | $3,375 | $240,080 | $63,178 | $176,902 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21075940
APN: 6052-017-050
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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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