NOT LISTED FOR SALE

1030 S Walker Ave Unit 3 San Pedro, CA 90731

21 Beds
15 Baths
17,252 Sq Ft
0.29 Acres

Last Sold March 28, 2014

Last sale price $3,500,000 $203 Per Sq Ft

67 Days on Market

Highlights

  • Ocean View
  • 0.29 Acre Lot
  • Granite Countertops
  • Primary Bedroom Suite
  • Spanish Architecture
  • Lawn

About This Home

As of March 2014

This trophy building is located in a great block in Vista del Oro. The property is very close to Palos Verdes and offers some excellent views of the Palos Verdes hillside as well as the LA Harbor from some units. There are lots of private balconies throughout the building, and a large communal deck on the penthouse level. Both penthouse units have fireplaces. One was originally designed as an owner's unit and is massive. A four stop elevator services the building, which was completely remodeled in 2008, with all new interiors. The building was converted from a 16 unit apartment building into a 14 unit condominium, but never sold out at the time. The interiors are very large and each unit is special. Each has it's own internal stackable washer and dryer, and there are gorgeous wood cabinets with granite counter tops, and travertine floors in the entrances and kitchens. The building is arranged around a Spanish style courtyard with a living tree in the center above the subterranean parking structure. This building is very easy to keep rented and will make an excellent long term hold with an exceptional alternative exit strategy because of the condo map.

Last Agent to Sell the Property

Robert Freedman

DOMO Real Estate License #00711607 Listed on: 12/11/2013

Co-Listed By

Anthony Barberi

Vista Sotheby’s International Realty License #01351812

Last Buyer's Agent

Yiu Kwei

KW Vision License #01875802

KW Vision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 120
  • Two or More Common Walls
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Lawn
  • Front Yard

Property Views

  • Ocean
  • Harbor
  • Bridge
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Property Attached
  • Turnkey
  • Additions or Alterations
  • Rolled or Hot Mop Roof
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 17,252 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Insulated Windows
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Storage

Kitchen

  • Electric Oven
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 21 Bedrooms
  • Primary Bedroom Suite
  • 15 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 28 Parking Spaces
  • 28 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, repairs
  • Tax Lot 1
  • Tax Tract Number 44998
  • Assessor Parcel Number 7458010038

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,680
  • Gardener Expense $1,130
  • Insurance Expense $2,784
  • Maintenance Expense $13,168
  • Other Expense $1,675
  • Pest Control $1,080
  • Professional Management Expense $13,168
  • Trash Expense $6,203
  • Water Sewer Expense $6,983
  • New Taxes Expense $46,250
  • Gross Income $21,947
  • Net Operating Income $160,534

Property Details

Home Type

Multi-Family

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.37
  • Improvements Amount: 1414939
  • Improvements Percent: 48.70
  • Professional Management Expense: 13168.00
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Vista del Oro
  • View: Yes
  • Water Sewer Expenses: 6983.00
  • Architectural Style: Spanish
  • Property Condition: Additions/Alterations, Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1130.00
  • Parcel Number: 7458010038
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Balcony, Elevator, Copper Plumbing Full, Granite Counters, Living Room Balcony, Storage
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Door Features: Double Door Entry, Sliding Doors
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 202.88
  • Room Type: Entry, Living Room, Master Suite
  • Window Features: Insulated Windows

Exterior Features

  • Direction Faces: West
  • Exterior Features: Rain Gutters
  • View: Bridge(s), City Lights, Harbor, Hills, Neighborhood, Ocean
  • Fencing: Block
  • Pool Private: No
  • Roof: Clay, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 28.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 28.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Free-Standing Range, Disposal, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Common Area, Dryer Included, Inside, Stackable, Washer Included
  • Pest Control Expense: 1080.00
  • Trash Expense: 6203.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Land Value: 1488515
  • Land Value Percent: 51.30
  • Lot Features: Front Yard, Lawn, Landscaped, Lot 10000-19999 Sqft
  • Lot Size: 100 X 120
  • Lot Size Sq Ft: 12497.00
  • Lot Size Acres: 0.2870

Rental Info

  • Tenant Pays: Electricity, Repairs

Multi Family

  • Average1 Bed Area: 808
  • Average2 Bed Area: 1134
  • Average3 Bed Area: 1737
  • Electric Expense: 2680.00
  • Gross Income: 21947.00
  • Gross Multiplier: 14.05
  • Gross Scheduled Income: 263364.00
  • Insurance Expense: 2784.00
  • Lot Size Area: 12497.0000 Square Feet
  • Maintenance Expense: 13168.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 160534.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 14
  • Number With Carpet: 14
  • Number With Dishwasher: 14
  • Number With Disposal: 14
  • Number With Drapes: 14
  • Number With Range: 14
  • Number With Refrigerator: 14
  • Operating Expense: 97563.00
  • Operating Expense Percent: 37.00
  • Other Expense: 1675.00
  • Other Expense Description: Elevator
  • Rent Control: No
  • Total Actual Rent: 20661.00
  • Vacancy Allowance: 5165
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 46250.00
  • Tax Lot: 1
  • Tax Tract Number: 44998
  • Tax Year: 2012

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $3,500,000 -5.4% $203 / Sq Ft
02/16/2014 02/16/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $3,700,000 -- $214 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Freedman

    Seller's Agent in 2014

    Robert Freedman

    DOMO Real Estate

    (310) 995-2412

    78 Total Sales

    Robert Freedman
    Section Image
  • Anthony Barberi

    Seller Co-Listing Agent in 2014

    Anthony Barberi

    Vista Sotheby’s International Realty

    (310) 529-2344

    47 Total Sales

    Anthony Barberi
    Section Image
  • Yiu Kwei

    Buyer's Agent in 2014

    Yiu Kwei

    KW Vision

    (626) 512-5822

    87 Total Sales

    Yiu Kwei
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13245969

California Regional Multiple Listing Service (CRMLS)

APN: 7458-010-038

California Los Angeles County San Pedro 90731

1030 S Walker Ave Unit 3, San Pedro, CA

This home is located at 1030 S Walker Ave Unit 3, San Pedro, CA 90731 since 11 December 2013. This property was built in 1979. 1030 S Walker Ave Unit 3 is a home located in Los Angeles County with nearby schools including Seventh Street Elementary School, Dana Middle School, and San Pedro Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes