NOT LISTED FOR SALE

1330 S Leland St San Pedro, CA 90731

Estimated Value: $909,271 - $1,121,000

4 Beds
4 Baths
2,218 Sq Ft
$451/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $855,000 $385 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,301/month

14 Days on Market

Highlights

  • Fishing
  • Spanish Architecture
  • Living Room
  • Harbor Views
  • Private Yard
  • Recessed Lighting

About This Home

As of February 2022

Pride-of-Ownership triplex in a great area of San Pedro and it's priced to sell! Front building is a charming Craftsman style side-by-side duplex built in 1923. Both units are in very good condition with one maintaining its 1920s charm and the other having been nicely remodeled with modern finishes. Laundry facilities in basement service both of these units. Nice rear yard leads to the Spanish style rear building that features the 2 bedroom unit that sits atop 3 garages. This unit is also very clean inside and has some upgrades. There are also peek-a-boo views from the kitchen window and bedroom balcony. There is a laundry room under the stairway for this unit. Property is covered by LA City Rent Control restrictions. This is a great property to add to your real estate portfolio. It's in a wonderful location and is just a short distance from downtown San Pedro as well as the multi-million dollar waterfront promenade development that is underway. DON'T MISS IT!!!

Last Agent to Sell the Property

Gary Krill

Compass License #01086159 Listed on: 01/19/2022

Compass

Last Buyer's Agent

Jake Sullivan

Strand Hill Properties License #01970185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,091

Year Built

  • Built in 1937

Lot Details

  • 6,767 Sq Ft Lot
  • Lot Dimensions are 54x125
  • Two or More Common Walls
  • Landscaped
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Property Views

  • Harbor
  • City Lights

Home Design

  • Triplex
  • Spanish Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,218 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 2 / 10
  • Tax Tract Number 7458
  • Assessor Parcel Number 7458020002
  • $392 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Fishing
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $1,500
  • Water Sewer Expense $2,500
  • New Taxes Expense $10,200
  • Operating Expense $15,410
  • Gross Income $46,224
  • Net Operating Income $30,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,091

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 3.60
  • Price Per Unit: 283300
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2500.00
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7458020002
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 385.48
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • View: City Lights, Harbor
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Central, Forced Air, Wall Furnace
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Yard
  • Lot Size: 54x125
  • Lot Size Sq Ft: 6767.00
  • Lot Size Acres: 0.1553

Rental Info

  • Garage Rental Rate: 200.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Garage Income: 2400.00
  • Gross Income: 46224.00
  • Gross Multiplier: 18.40
  • Gross Operating Income: 46224.00
  • Gross Scheduled Income: 46224.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6767.0000 Square Feet
  • Net Operating Income: 30814.00
  • Number Of Rented Garages: 1
  • 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: 15410.00
  • Rent Control: Yes
  • Total Actual Rent: 3852.00
  • Total Expenses: 15410.00

Tax Info

  • New Taxes Expense: 10200.00
  • Tax Block: 10
  • Tax Census Tract: 2969.01
  • Tax Lot: 2
  • Tax Tract Number: 7458
  • TaxOtherAnnualAssessmentAmount: 392.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 7, 2022
Sold by
Madrid and Aide
Bought by
Carpenter Trust
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Jake Sullivan
Strand Hill Properties
List Price
$849,900
Sold Price
$855,000
Premium/Discount to List
$5,100
0.6%
Current Estimated Value
$982,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,066
Avg. Annual Appreciation
3.19%

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 20, 2021
Sold by
Robertson Faye and Robertson Larry James
Bought by
Robertson Faye
Seller's Agent
Gary Krill
Compass
Buyer's Agent
JENNIFER STARNES
The Landmark Agency
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.75%
Original Mortgage
$612,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 16, 2021
Sold by
Scollo Joseph J and Scollo Lynn J
Bought by
Madrid Carlos and Madrid Aide
Seller's Agent
Gary Krill
Compass
Buyer's Agent
JENNIFER STARNES
The Landmark Agency
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Scollo Carmelo and Scollo Carmen
Bought by
Scollo Carmen and Scollo Carmen 2014 Revocable T

Purchase Details

Closed on
Jul 16, 2014
Sold by
Robertson Faye
Bought by
Robertson Larry J and Robertson Faye

Purchase Details

Closed on
Jun 16, 2014
Sold by
Scollo Carmen
Bought by
Scollo Carmen and Scollo Carmen 2014 Revocable T

Purchase Details

Closed on
May 1, 2014
Sold by
Scollo Joseph J
Bought by
Scollo Joseph J and Scollo Lynn J

Purchase Details

Closed on
Jan 4, 2008
Sold by
Scollo Joseph J and Robertson Faye
Bought by
Scollo Carmello and Scollo Joseph J
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
Carpenter Trust $855,000 Fidelity National Title
Carpenter Trust $855,000 Fidelity National Title
Robertson Faye -- Fidelity National Title
Madrid Carlos $765,000 Fidelity National Title
Scollo Carmen -- None Available
Robertson Larry J -- None Available
Robertson Larry J -- None Available
Scollo Carmen -- None Available
Scollo Joseph J -- None Available
Scollo Carmello -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrid Carlos $612,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $855,000 +0.6% $385 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $849,900 -0.6% $383 / Sq Ft
02/01/2022 02/01/22 Off Market $855,000 -- --
02/01/2022 02/01/22 For Sale $849,900 -0.6% $383 / Sq Ft
01/26/2022 01/26/22 Off Market $855,000 -- --
01/19/2022 01/19/22 For Sale $849,900 +11.1% $383 / Sq Ft
07/23/2021 07/23/21 Sold $765,000 -3.8% $345 / Sq Ft
06/22/2021 06/22/21 For Sale $795,000 +3.9% $358 / Sq Ft
06/17/2021 06/17/21 Off Market $765,000 -- --
06/04/2021 06/04/21 For Sale $795,000 -- $358 / 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 $11,091 $907,332 $679,173 $228,159
2024 $11,091 $889,542 $665,856 $223,686
2023 $10,880 $872,100 $652,800 $219,300
2022 $1,298 $75,943 $40,628 $35,315
2021 $1,271 $74,455 $39,832 $34,623
2020 $1,277 $73,692 $39,424 $34,268
2019 $1,241 $72,248 $38,651 $33,597
2018 $1,179 $70,833 $37,894 $32,939
2016 $1,106 $68,084 $36,423 $31,661
2015 $1,094 $67,062 $35,876 $31,186
2014 $1,119 $65,750 $35,174 $30,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22011254

California Regional Multiple Listing Service (CRMLS)

APN: 7458-020-002