Seller's Agent in 2022
Gary Krill
Compass
(310) 994-3922
113 in this area
147 Total Sales
1035 S Alma St San Pedro, CA 90731
Estimated Value: $1,021,046 - $1,078,000
4
Beds
4
Baths
2,784
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Fishing
- Hiking Trails
- Seventh Street Elementary School Rated 9+
- No HOA
- Laundry Room
About This Home
As of June 2022Are you tired of all the so called "income properties" coming up at more than 20 x the gross annual rents and a cap rate of about zero? If so, this property is exactly what you've been looking to add to your real estate portfolio. It a sweet low-maintenance 1950's fourplex located in a wonderful area of San Pedro and at 15.3 x gross annual rents and a 4.4% cap rate, it even makes great financial sense. One unit has just been freshly painted, newly carpeted and is move-in ready. The others are tenant occupied. New main water line from meter to building was recently installed. There's a large parking area for 8 cars in the back of the building as well as a community laundry room. This property is in a great area that's just minutes from freeway access, the downtown business district, the waterfront redevelopment and the ocean bluffs. It makes just as much sense for an owner occupant as it does for an investor so it's sure to attract alot of attention. DON'T MISS IT!!!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 5,364 Sq Ft Lot
- Lot Dimensions are 43x125
- Two or More Common Walls
- Front Yard
Home Design
- Quadruplex
Interior Spaces
- 2,784 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Free-Standing Range
- Range Hood
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Driveway
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 24 / 12
- Tax Tract Number 7458
- Assessor Parcel Number 7458014028
- $441 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Property is near a preserve or public land
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,127
- Fuel Expense $720
- Insurance Expense $2,100
- Maintenance Expense $2,100
- Water Sewer Expense $2,253
- New Taxes Expense $12,500
- Operating Expense $21,227
- Gross Income $65,304
- Net Operating Income $44,077
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2026
Sold by
Fernanda Lameda and Salvatore Cracchiolo
Bought by
Lameda Maria
Current Estimated Value
Purchase Details
Listed on
Feb 24, 2022
Closed on
Jun 1, 2022
Sold by
Carroll Kraig
Bought by
Carroll Maria Fernanda
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Gary Krill
Compass
List Price
$999,900
Sold Price
$1,050,000
Premium/Discount to List
$50,100
5.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.03%
Original Mortgage
$840,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 24, 2022
Closed on
May 10, 2022
Sold by
John P Shea Family Trust and Shea Albano Mary
Bought by
Carroll Maria
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Gary Krill
Compass
List Price
$999,900
Sold Price
$1,050,000
Premium/Discount to List
$50,100
5.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.1%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lameda Maria | -- | Accommodation/Courtesy Recordi | |
| Carroll Maria Fernanda | -- | Fidelity National Title | |
| Carroll Maria | $1,050,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carroll Maria | $840,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2022 06/08/22 | Sold | $1,050,000 | +5.0% | $377 / Sq Ft |
| 03/12/2022 03/12/22 | For Sale | $999,900 | -4.8% | $359 / Sq Ft |
| 03/07/2022 03/07/22 | Off Market | $1,050,000 | -- | -- |
| 02/24/2022 02/24/22 | For Sale | $999,900 | -- | $359 / 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 | $13,580 | $1,114,267 | $721,621 | $392,646 |
| 2024 | $13,580 | $1,092,420 | $707,472 | $384,948 |
| 2023 | $14,370 | $1,071,000 | $693,600 | $377,400 |
| 2022 | $1,775 | $112,224 | $58,655 | $53,569 |
| 2021 | $1,739 | $110,024 | $57,505 | $52,519 |
| 2019 | $1,695 | $106,762 | $55,800 | $50,962 |
| 2018 | $1,611 | $104,669 | $54,706 | $49,963 |
| 2016 | $1,513 | $100,607 | $52,583 | $48,024 |
| 2015 | $1,496 | $99,097 | $51,794 | $47,303 |
| 2014 | $1,528 | $97,157 | $50,780 | $46,377 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Krill
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22035990
APN: 7458-014-028
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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