NOT LISTED FOR SALE

1185 W 10th St San Pedro, CA 90731

Estimated Value: $1,272,000 - $1,532,000

6 Beds
3 Baths
3,053 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,410,000 $462 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,560/month

7 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Workshop
  • Lawn
  • Neighborhood Views
  • Laundry Room

About This Home

As of October 2021

Welcome to this absolutely gorgeous, remodeled Triplex in the heart of the highly coveted Vista Del Oro neighborhood. An extremely rare and amazing opportunity, this property offers a spacious top level 3 Bd/1Bth “Owners Unit” with 2 units below that could potentially bring in over $4,200/month combined in rents!! Tons of natural light, an open floor plan and a private balcony overlooking tree-lined streets give this Owner’s Unit that ideal turnkey home feeling ready for move-in. Enjoy worry & hassle free rental income from your 2 fully remodeled units below (2Bd/1Bth & 1Bd/1Bth) that will easily fetch top market value. Empty and ready for new tenants, no expense was spared with new flooring, paint, kitchens, bathrooms, electrical, copper plumbing, HVAC systems and tankless water heaters. In addition, there are all new appliances throughout the building as well as a massive fully re-done 3-car garage. You won't find this scenario anywhere else that gives so much flexibility to the owner for interpretive use/assignment amongst all 3 units. Not to mention, a large utility basement space to install an income producing washer/dryer for your tenants to share and an extra separate bonus space that could be a great hobby shop, home office, game room or finished into a studio. Absolutely endless potential and long-term investment security here in the most desirable neighborhood in San Pedro. Close to schools, shops, restaurants, Averill park and a convenient quick jump to freeways and the waterfront.

Last Agent to Sell the Property

Joe Buck

Compass License #01995305 Listed on: 09/16/2021

Compass

Last Buyer's Agent

Jonathan Sandoval

Insight Property Management License #02052512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,057

Year Built

  • Built in 1926

Lot Details

  • 4,951 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Asphalt Roof

Interior Spaces

  • 3,053 Sq Ft Home
  • Bonus Room
  • Workshop
  • Laminate Flooring
  • Neighborhood Views
  • Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • 7Th St Elementary School
  • Dana Middle School
  • San Pedro High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Legal Lot and Block 8 / 20
  • Tax Tract Number 14
  • Assessor Parcel Number 7458010010
  • $422 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,057

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Inclusions: All new appliances in each unit!
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 7458010010
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3053.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 461.84
  • Room Type: Basement, Bonus Room, Workshop

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Community, Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified
  • Elementary School: 7th St
  • Middle School: Dana
  • High School: San Pedro
  • Elementary School: 7th St
  • High School: San Pedro
  • Middle Or Junior School: Dana
  • Elementary School #2: 7THST
  • High School2: SANPED

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 4951.00
  • Lot Size Acres: 0.1137
  • Latitude Manual: 33.73500900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4951.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 2970.00
  • Tax Lot: 8
  • Tax Tract Number: 14
  • TaxOtherAnnualAssessmentAmount: 422.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 14, 2021
Sold by
Alvandi Anita
Bought by
Chen Ryan and Doh Jean
Seller's Agent
Joe Buck
Compass
Buyer's Agent
Jonathan Sandoval
Insight Property Management
List Price
$1,299,000
Sold Price
$1,410,000
Premium/Discount to List
$111,000
8.55%
Total Days on Market
7
Current Estimated Value
$1,435,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,030
Avg. Annual Appreciation
0.79%
Original Mortgage
$1,057,500
Outstanding Balance
$839,644
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$610,791

Purchase Details

Closed on
May 28, 2021
Sold by
Alvandi Anita
Bought by
Nassiri Ashkan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2021
Sold by
Callahan Rose Mary and Hazdovac Madeline
Bought by
Alvandi Anita and Nassiri Ashkan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Chen Ryan $1,410,000 Chicago Title Company
Alvandi Anita -- Chicago Title Company
Nassiri Ashkan -- Fidelity National Title
Alvandi Anita -- Fidelity National Title
Alvandi Anita $1,000,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Ryan $1,057,500
Previous Owner Alvandi Anita $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $1,410,000 +8.5% $462 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,299,000 -7.9% $425 / Sq Ft
09/24/2021 09/24/21 Off Market $1,410,000 -- --
09/16/2021 09/16/21 For Sale $1,299,000 -- $425 / 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
2024 $18,057 $1,466,964 $842,724 $624,240
2023 $17,707 $1,438,200 $826,200 $612,000
2022 $16,884 $1,410,000 $810,000 $600,000
2021 $9,981 $820,000 $500,000 $320,000
2020 $1,732 $116,102 $34,716 $81,386
2019 $1,677 $113,827 $34,036 $79,791
2018 $1,596 $111,596 $33,369 $78,227
2016 $1,491 $107,265 $32,074 $75,191
2015 $1,472 $105,655 $31,593 $74,062
2014 $1,495 $103,587 $30,975 $72,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21204260

California Regional Multiple Listing Service (CRMLS)

APN: 7458-010-010