NOT LISTED FOR SALE

1101 S Palos Verdes St San Pedro, CA 90731

Estimated Value: $1,233,000 - $1,706,475

7 Beds
4 Baths
3,382 Sq Ft
$422/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $848,500 $251 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,079/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Granite Countertops
  • Walk-In Closet
  • Living Room

About This Home

As of July 2018

Excellent Opportunity to purchase a Triplex in San Pedro. Positive cash flow, the bottom unit will be delivered vacant. The owner
occupied unit has 2 bedrooms and 1 bath. This unit has direct access to the garage. Unit number 2 and 3 are located upstairs. Unit 2
has two bedrooms and 1 bath, tile flooring, ceiling fans, and large walk in closet. Unit 3 has 3 bedrooms, one of which has its own
private bath and large walk in closet. Living room has a balcony overlooking the Harbor. Garage’s have automatic doors, and a
manual gated entry. Property is located just a few minutes away from the San Pedro Port O’ Call Village.

Last Agent to Sell the Property

George Kpachavi

Keller Williams Realty-Studio City License #01839703 Listed on: 05/18/2018

Keller Williams Realty-Studio City

Last Buyer's Agent

George Kpachavi

Keller Williams Realty-Studio City License #01839703 Listed on: 05/18/2018

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,865

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 5,052 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,382 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Living Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot B
  • Tax Tract Number 2971
  • Assessor Parcel Number 7456005031

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $696
  • Insurance Expense $1,550
  • Trash Expense $282
  • Water Sewer Expense $2,766
  • New Taxes Expense $4,641
  • Operating Expense $9,885
  • Gross Income $52,800
  • Net Operating Income $42,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,865

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2766.00
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7456005031
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Concrete, Tile
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Price Per Square Foot: 250.89
  • Room Type: Kitchen, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Outside
  • Sewer: Sewer Paid
  • Trash Expense: 282.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Yard
  • Lot Size Sq Ft: 5052.00

Multi Family

  • Electric Expense: 696.00
  • Gross Income: 52800.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1550.00
  • Net Operating Income: 42915.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 9885.00
  • Rent Control: No
  • Total Expenses: 9885.00

Tax Info

  • New Taxes Expense: 4641.00
  • Tax Census Tract: 2971.10
  • Tax Lot: B
  • Tax Tract Number: 2971.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Keiichi Takahashi
Bought by
Keiichi Takahashi Trust
Current Estimated Value
$1,426,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2021
Sold by
Takahashi Keiichi and Keiichi Takahashi Trust
Bought by
Takahashi Keiichi

Purchase Details

Closed on
Sep 9, 2020
Sold by
Takahashi Keiichi
Bought by
Takahashi Keiichi and The Keiichi Takahashi Trust

Purchase Details

Closed on
Aug 14, 2020
Sold by
Takahashi Michiko
Bought by
Takahashi Keiichi

Purchase Details

Closed on
Feb 28, 2019
Sold by
Mpd Realty Inc
Bought by
Takabashi Keiichi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,500
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 18, 2018
Closed on
May 30, 2018
Sold by
Perez Roberto M and Perez Amalia R
Bought by
Mpd Realty Inc
Seller's Agent
George Kpachavi
Keller Williams Realty-Studio City
Buyer's Agent
George Kpachavi
Keller Williams Realty-Studio City
List Price
$849,999
Sold Price
$848,500
Premium/Discount to List
-$1,499
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Mar 13, 2003
Sold by
Perez Juan
Bought by
Perez Roberto M and Perez Amalia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
5.82%

Purchase Details

Closed on
May 4, 1999
Sold by
The Verdes Trust
Bought by
Perez Roberto M and Perez Amalia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,389
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1999
Sold by
Vorous James Scott
Bought by
The Verdes Trust

Purchase Details

Closed on
Jun 28, 1995
Sold by
Fidelity Federal Bank Fsb
Bought by
Vorous James Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,759
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 1995
Sold by
Vorous Mary
Bought by
Vorous James Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,759
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1995
Sold by
Galletti Joseph and Galletti Joyce Ann
Bought by
Fidelity Federal Bank Fsb
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Keiichi Takahashi Trust -- Sano Ikuko
Takahashi Keiichi -- None Available
Takahashi Keiichi -- None Available
Takahashi Keiichi -- Accommodation
Takabashi Keiichi $1,170,000 First American Title Co
Mpd Realty Inc $848,500 First American Title Company
Perez Roberto M -- Southland Title
Perez Roberto M $196,000 American Title Co
The Verdes Trust $144,422 --
Vorous James Scott $140,000 North American Title Co
Vorous James Scott -- North American Title Co
Fidelity Federal Bank Fsb $205,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Takahashi Keiichi $69,800,000
Previous Owner Takabashi Keiichi $669,500
Previous Owner Perez Roberto M $938,250
Previous Owner Perez Roberto M $315,000
Previous Owner Perez Roberto M $241,500
Previous Owner Perez Roberto M $196,500
Previous Owner Perez Roberto M $190,389
Previous Owner Vorous James Scott $136,759
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $848,500 -0.2% $251 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $849,999 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $15,865 $1,305,152 $803,171 $501,981
2024 $15,865 $1,279,562 $787,423 $492,139
2023 $15,561 $1,254,474 $771,984 $482,490
2022 $14,841 $1,229,878 $756,848 $473,030
2021 $14,651 $1,205,763 $742,008 $463,755
2020 $14,798 $1,193,400 $734,400 $459,000
2019 $10,434 $848,000 $550,000 $298,000
2018 $4,743 $372,498 $110,945 $261,553
2016 $4,501 $358,036 $106,638 $251,398
2015 $4,438 $352,659 $105,037 $247,622
2014 $4,440 $345,752 $102,980 $242,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18118161

California Regional Multiple Listing Service (CRMLS)

APN: 7456-005-031