Seller's Agent in 2019
Anthony Accardo
Compass
(310) 855-3557
28 in this area
163 Total Sales
1235 S Centre St San Pedro, CA 90731
Estimated Value: $1,332,000 - $1,388,000
8
Beds
6
Baths
3,814
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- No HOA
- Laundry Room
- Masonry wall
About This Home
As of June 2019A unique 1988 constructed and well maintained income property with 3 large residential units conveniently located adjacent the Port of Los Angeles. A cash cow with over $5,760/mo of income and plenty of upside for the new owner as this is not under current rent control restrictions. 3 units total, (2) 3 Bd/2 Bath and (1) 2 Bd/2 Bath. All units are clean and the ground level unit has had a complete kitchen/flooring renovation in the past month. Freshly painted interiors and exterior. Offering Memorandum available. This is a great find for both new and seasoned apartment investors, and provides a great way to step into the hot San Pedro market, or to add on to an existing rental portfolio.The property is situated on a 4500 sq ft. lot and provides 1 garage space per unit, which are not subject to any City of Los Angeles soft-story retrofit requirements. Units are separately metered for gas and electricity. The building also provides an on-site laundry room for tenant convenience and revenue share. In addition there's a community front lawn where you can relax & enjoy the sun or sea breeze! With so much recent development taking place in San Pedro, the local area is undergoing a complete transformation. Walking distance to the highly-anticipated Waterfront Redevelopment, which will change the harbor for years to come! Also nearby is downtown San Pedro, which features a unique mix of shops, restaurants, art galleries, theaters & more.
Co-Listed By
Joshua Cohen
Keller Williams South Bay License #01346713
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,043
Year Built
- Built in 1988
Lot Details
- 4,501 Sq Ft Lot
- Two or More Common Walls
- Masonry wall
- Wrought Iron Fence
- Rectangular Lot
- Front Yard
Parking
- 3 Car Garage
Home Design
- Traditional Architecture
- Property Attached
Interior Spaces
- 3,814 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 26
- Tax Tract Number 2971
- Assessor Parcel Number 7456009028
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,497
- Maintenance Expense $5,931
- Pest Control $1,200
- Trash Expense $1,020
- Water Sewer Expense $2,703
- New Taxes Expense $11,453
- Operating Expense $25,334
- Gross Income $70,152
- Net Operating Income $52,142
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2023
Sold by
Ess Joshua N and Ess Joray
Bought by
1235 S Centre St Llc
Current Estimated Value
Purchase Details
Listed on
Apr 18, 2019
Closed on
Jun 4, 2019
Sold by
Moore & Eilestad Llc
Bought by
Shahryar Hafizah
Seller's Agent
Anthony Accardo
Compass
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$960,000
Sold Price
$975,000
Premium/Discount to List
$15,000
1.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$731,250
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 27, 2014
Closed on
Oct 3, 2014
Sold by
Ruggerl Robert
Bought by
Moore & Ellestad Llc
Seller's Agent
Phyllis Weitzman
Estate Properties
Buyer's Agent
Richard Peterson
Richard L. Peterson, Broker
List Price
$659,000
Sold Price
$680,000
Premium/Discount to List
$21,000
3.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Purchase Details
Closed on
Jul 10, 2009
Sold by
Califano Dan and Califano Lidia
Bought by
Ruggeri Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,562
Interest Rate
5.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 2006
Sold by
Califano Dan and Califano Lidia
Bought by
Califano Dan and Califano Lidia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2004
Sold by
Califano Daniel and Califano Lidia
Bought by
Califano Daniel and Califano Lidia
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1235 S Centre St Llc | -- | Old Republic Title Company | |
| Shahryar Hafizah | $975,000 | Chicago Title Company | |
| Moore & Ellestad Llc | $680,000 | Progressive Title Company | |
| Ruggeri Robert | $661,000 | Fidelity National Title Co | |
| Califano Dan | -- | Fidelity National Title | |
| Califano Daniel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shahryar Hafizah | $731,250 | |
| Previous Owner | Ruggeri Robert | $495,562 | |
| Previous Owner | Califano Dan | $435,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2019 06/27/19 | Sold | $975,000 | +1.6% | $256 / Sq Ft | |
| 05/03/2019 05/03/19 | Pending | -- | -- | -- | |
| 04/18/2019 04/18/19 | For Sale | $960,000 | +41.2% | $252 / Sq Ft | |
| 10/23/2014 10/23/14 | Sold | $680,000 | +3.2% | $178 / Sq Ft | View Prior Sale |
| 10/02/2014 10/02/14 | Pending | -- | -- | -- | |
| 09/27/2014 09/27/14 | For Sale | $659,000 | -- | $173 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,043 | $1,411,405 | $631,418 | $779,987 |
| 2024 | $17,043 | $1,383,732 | $619,038 | $764,694 |
| 2023 | $16,714 | $1,356,600 | $606,900 | $749,700 |
| 2022 | $12,379 | $1,024,897 | $604,427 | $420,470 |
| 2021 | $12,214 | $1,004,802 | $592,576 | $412,226 |
| 2019 | $9,003 | $732,623 | $323,216 | $409,407 |
| 2018 | $8,925 | $718,259 | $316,879 | $401,380 |
| 2016 | $8,502 | $690,370 | $304,575 | $385,795 |
| 2015 | $8,379 | $680,000 | $300,000 | $380,000 |
| 2014 | $8,750 | $695,763 | $358,017 | $337,746 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Accardo
-
J
Seller Co-Listing Agent in 2019
Joshua Cohen
Keller Williams South Bay
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
36 in this area
5,992 Total Sales
-
Phyllis Weitzman
Seller's Agent in 2014
Phyllis Weitzman
RE/MAX
(310) 488-6114
9 in this area
33 Total Sales
-
Richard Peterson
Buyer's Agent in 2014
Richard Peterson
Richard L. Peterson, Broker
(310) 378-0607
3 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV19087406
APN: 7456-009-028
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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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