$1,280,000
SOLD NOV 17, 2025

1260 W 9th St San Pedro, CA 90731

3 Beds
2 Baths
3,666 Sq Ft
6,751 Sq Ft Lot

Recently Sold

$349 Per Sq Ft

39 Days on Market

Highlights

  • Marina View
  • Golf Course Community
  • Property is near park and public transit
  • San Pedro Senior High School Rated A-
  • Fishing
  • Spanish Architecture

About This Home

As of November 2025

Prime Location! Rare opportunity to acquire a Spacious 4 unit investment property with 2 Beautifully Renovated units. Perfect for an Owner Occupant AND destined to be a Very Profitable investment. 1260 W 9th St. benefits from Large floor plans, a Generously sized lot, and is situated in one of the most Sought After Coastal neighborhoods in San Pedro -- At the Top of the Hill with Views of the harbor and a cool Ocean Breeze. There are two Turnkey 2bed 1bath units with high-end Luxury finishes, and two Spacious 1bed 1bath units generating Strong Income, with 67% Upside in gross income! Each unit has a dedicated laundry room, and rear patios for the tenants' enjoyment. There are 4 private garages, and a storage building that can easily be converted into a 5th unit.
Alternatively, you can Maximize your investment by adding an Additional 4 units, for a total of 8 units, via the streamlined ADU planning/permitting process.
Tenants Pay for gas, electricity, and trash, so ownership is responsible for Minimal Expenses. Whether you're an Owner Occupant that is Passively Cash Flowing Every Month, or a Savvy Investor, you will Reap the Rewards of Consistent Cash Flow, Strong Appreciation, Rent Growth, and Lucrative Tax Benefits. Reach out to the listing agent and Submit Offers ASAP, because this is a deal that will Sell Fast!

Last Agent to Sell the Property

Shane young

Younglewin Advisors, Inc. Brokerage Phone: 562-556-1118 License #01963090 Listed on: 09/25/2025

Last Buyer's Agent

Penelope McCann

Keller Williams Coastal Prop. License #01925479

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,751 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Value in Land

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available

Property Views

  • Marina
  • Coastline
  • Harbor
  • Views of Vincent Thomas Bridge
  • Bridge
  • City Lights
  • Peek-A-Boo
  • Mountain
  • Neighborhood

Home Design

  • Spanish Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Raised Foundation

Interior Spaces

  • 3,666 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Stained Glass
  • Window Screens
  • Entryway
  • Family Room
  • Living Room
  • Storage

Kitchen

  • Gas Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit
  • Suburban Location

Utilities

  • Cooling Available
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 8 / 33
  • Tax Tract Number 297002
  • Assessor Parcel Number 7459022009
  • $604 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,499
  • Water Sewer Expense $2,900
  • Operating Expense $28,699
  • Gross Income $102,480
  • Net Operating Income $70,706

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2900.00
  • Architectural Style: Spanish
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7459022009
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, High Ceilings, Quartz Counters, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 349.15
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room
  • Window Features: Blinds, Double Pane Windows, Screens, Stained Glass

Exterior Features

  • Foundation: Raised
  • View: Bridge(s), City Lights, Coastline, Harbor, Marina, Mountain(s), Neighborhood, Peek-A-Boo, Vincent Thomas Bridge, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Built-In Range, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood, Refrigerator, Water Heater
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level, Near Public Transit, Park Nearby, Value In Land, Yard
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 102480.00
  • Gross Scheduled Income: 102480.00
  • Insurance Expense: 5499.00
  • Lot Size Area: 6751.0000 Square Feet
  • Net Operating Income: 70706.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 28699.00
  • Rent Control: Yes
  • Total Expenses: 28699.00

Tax Info

  • Tax Block: 33
  • Tax Lot: 8
  • Tax Tract Number: 297002
  • TaxOtherAnnualAssessmentAmount: 604.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2025
Closed on
Nov 5, 2025
Sold by
1260 W 9Th St Holding Llc
Bought by
Montanez Daniel and Garcia Zoe
Seller's Agent
Shane young
Younglewin Advisors, Inc.
Buyer's Agent
Penelope McCann
Keller Williams Coastal Prop.
List Price
$1,275,000
Sold Price
$1,280,000
Premium/Discount to List
$5,000
0.39%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.62%
Original Mortgage
$1,152,000
Outstanding Balance
$1,149,846
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
-$21,846

Purchase Details

Closed on
Jul 1, 2025
Sold by
1290 W 9Th St Holding Llc and 1260 W 9Th St Holding Llc
Bought by
1260 W 9Th St Holding Llc

Purchase Details

Closed on
Jun 10, 2025
Sold by
Maxwell G Mceleney Living Trust and Guy A Mceleney Living Trust
Bought by
1290 W 9Th St Holding Llc

Purchase Details

Closed on
Aug 27, 2020
Sold by
Mceleney Guy Alexander
Bought by
Mceleney Guy A and Guy A Mceleney Living Trust

Purchase Details

Closed on
May 27, 1995
Sold by
Mceleney Michael H and Mceleney Robin Lerner
Bought by
Mceleney Michael H

Purchase Details

Closed on
May 24, 1995
Sold by
Mceleney Albartha
Bought by
Mceleney Michael H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $1,280,000 Ticor Title
Grant Deed -- Trustpoint Escrow, Inc
Grant Deed $532,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,152,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Sold $1,280,000 +0.4% $349 / Sq Ft
11/03/2025 11/03/25 Pending -- -- --
09/25/2025 09/25/25 For Sale $1,275,000 0.0% $348 / Sq Ft
01/08/2018 01/08/18 Rented $1,575 0.0% --
12/09/2017 12/09/17 For Rent $1,575 +28.6% --
11/07/2014 11/07/14 Rented $1,225 -3.9% --
10/08/2014 10/08/14 Under Contract -- -- --
08/08/2014 08/08/14 For Rent $1,275 -- --
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 $2,675 $176,127 $104,049 $72,078
2024 $2,675 $172,674 $102,009 $70,665
2023 $2,634 $169,289 $100,009 $69,280
2022 $2,530 $165,971 $98,049 $67,922
2021 $2,480 $162,718 $96,127 $66,591
2019 $2,417 $157,894 $93,277 $64,617
2018 $2,293 $154,799 $91,449 $63,350
2016 $2,206 $148,790 $87,899 $60,891
2015 $2,130 $146,556 $86,579 $59,977
2014 $2,164 $143,687 $84,884 $58,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25225982

California Regional Multiple Listing Service (CRMLS)

APN: 7459-022-009