NOT LISTED FOR SALE

1064 W 9th St Unit 1 San Pedro, CA 90731

9 Beds
6 Baths
4,004 Sq Ft
5,166 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $1,350,000 $337 Per Sq Ft

7 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Side by Side Parking
  • Laundry Room
  • Property is near a park

About This Home

As of April 2024

PRIDE IN OWNERSHIP IS AN UNDERSTATEMENT, VERY LOW MAINTENANCE BUILDING, LOCATED IN SAN PEDRO'S HIGHLY SOUGHT AFTER, HEART OF VISTA DEL ORO. FULLY RENTED WITH PUNCTUAL TENANTS AND AN UPSIDE POTENTIAL PRO FORMA. EXEMPT FROM L.A. CITY "SOFT STORY RETROFIT". Buyers and Buyers' Agent are encouraged to investigate the legal square footage of the building structure, garages and lot dimensions, said information has been presented in the listing through third party tax rolls. Said Property is under L.A. City Rent Control jurisdiction. Rents have recently been raised according to L.A. City Housing Authority compliance.

Last Agent to Sell the Property

Angel Estrada

Keller Williams Realty Brokerage Phone: 310-720-7169 License #01091319 Listed on: 02/10/2024

Keller Williams Realty

Last Buyer's Agent

Fred DiBernardo

Fred DiBernardo License #00573495

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,166 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Property Attached
  • Entry on the 5th floor
  • Flat Roof Shape
  • Raised Foundation
  • Asphalt Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,004 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near a park
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 15
  • Tax Tract Number 3545
  • Assessor Parcel Number 7458005027
  • $953 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,240
  • Fuel Expense $2,520
  • Insurance Expense $2,952
  • Water Sewer Expense $3,240
  • Operating Expense $3,240
  • Gross Income $95,592
  • Net Operating Income $83,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 270000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 3240.00
  • Zoning: LARD1.5
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7458005027
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Entry Level: 5
  • Levels: Two
  • Price Per Square Foot: 337.16

Exterior Features

  • Foundation: Raised
  • Fence: No
  • Pool Private: No
  • Roof: Asphalt, Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door, Side by Side
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby
  • Lot Size Sq Ft: 5166.00
  • Lot Size Acres: 0.1186

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3240.00
  • Fuel Expense: 2520.00
  • Gross Multiplier: 14.12
  • Gross Operating Income: 95592.00
  • Gross Scheduled Income: 95592.00
  • Insurance Expense: 2952.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 900.00
  • Lot Size Area: 5166.0000 Square Feet
  • Net Operating Income: 83640.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 11952.00
  • Rent Control: Yes
  • Total Actual Rent: 7966.00
  • Total Expenses: 3240.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 2969.02
  • Tax Lot: 8
  • Tax Tract Number: 3545
  • TaxOtherAnnualAssessmentAmount: 953.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $1,350,000 0.0% $337 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $1,350,000 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24029379

California Regional Multiple Listing Service (CRMLS)