Seller's Agent in 2023
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
25 in this area
95 Total Sales
137 S Cabrillo Ave San Pedro, CA 90731
Estimated Value: $1,099,591 - $1,337,000
4
Beds
4
Baths
3,872
Sq Ft
$301/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Laundry Room
- Rectangular Lot
- No HOA
- 4 Car Garage
- 5-minute walk to Bandini Canyon Park
About This Home
As of December 2023PRICE REDUCED for Quick Sale! 137 S Cabrillo Ave is offered for sale as part of a portfolio – (3) three 4plexes at 301 S Cabrillo Ave, 311 S Cabrillo Ave and 137 S Cabrillo Ave in San Pedro. ***Properties may be purchased collectively or individually.*** Subject property is a charming 2-story 4plex located above Gaffey Ave. All copper plumbing and newer electric. All are very spacious 1 Bedroom 1 Bath units with ocean views from the top units. Two Units will be delivered VACANT. Priced at a lowest price per Sq.Ft. and per Unit in the area, this is the BEST deal in town! Bring your Owner Occupier Buyers!!! Property is NOT subject to RSO (buyer to verify)***Situated on a large 5,999 Sq.ft. lot, property offers ample on-site parking (private 4 garages) and a potential to build ADUs. Garages are accessible from the alley in the rear of the property. Each unit is separately metered for gas & electricity and offers huge upside in rental income. Prime location above Gaffey within proximity to various amenities and attractions and a short distance to the 110 Fwy.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 07/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,032
Year Built
- Built in 1922
Lot Details
- 5,999 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
- Stucco
Interior Spaces
- 3,872 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 29
- Tax Tract Number 2966
- Assessor Parcel Number 7451011019
- $547 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,710
- Maintenance Expense $2,600
- Water Sewer Expense $2,400
- New Taxes Expense $13,688
- Operating Expense $22,598
- Gross Income $77,860
- Net Operating Income $55,262
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2023
Closed on
Dec 11, 2023
Sold by
Hom T Shokrai 2006 Living Trust
Bought by
Adams Kevin and Adams Karina
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Joe Garcia
CHAMPIONS REAL ESTATE
List Price
$1,100,000
Sold Price
$1,040,000
Premium/Discount to List
-$60,000
-5.45%
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,148
Avg. Annual Appreciation
3.24%
Original Mortgage
$988,000
Outstanding Balance
$973,085
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$123,049
Purchase Details
Closed on
Feb 13, 2006
Sold by
Shokrai Hom T
Bought by
Shokrai Hom T and Hom T Shokrai 2006 Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adams Kevin | $1,040,000 | First American Title | |
| Shokrai Hom T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adams Kevin | $988,000 | |
| Previous Owner | Shokrai Hom T | $200,000 | |
| Previous Owner | Shokrai Hom T | $156,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2023 12/29/23 | Sold | $1,040,000 | -5.0% | $269 / Sq Ft |
| 11/28/2023 11/28/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | Price Changed | $1,095,000 | -0.5% | $283 / Sq Ft |
| 07/24/2023 07/24/23 | For Sale | $1,100,000 | -- | $284 / 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 | $13,032 | $1,060,800 | $754,800 | $306,000 |
| 2024 | $13,032 | $1,040,000 | $740,000 | $300,000 |
| 2023 | $4,963 | $367,469 | $246,137 | $121,332 |
| 2022 | $4,746 | $360,264 | $241,311 | $118,953 |
| 2021 | $4,669 | $353,201 | $236,580 | $116,621 |
| 2019 | $4,537 | $342,727 | $229,564 | $113,163 |
| 2018 | $4,407 | $336,008 | $225,063 | $110,945 |
| 2016 | $4,176 | $322,962 | $216,324 | $106,638 |
| 2015 | $4,118 | $318,112 | $213,075 | $105,037 |
| 2014 | $4,157 | $311,882 | $208,902 | $102,980 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Wright
-
Joe Garcia
Buyer's Agent in 2023
Joe Garcia
CHAMPIONS REAL ESTATE
(800) 421-2154
1 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23128160
APN: 7451-011-019
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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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