Jeffrey Russell
Russell Realty Group
(626) 604-2792
113 Total Sales
3 in San Pedro
$560K - $600K Price Range
1381 W 8th St San Pedro, CA 90732
San Pedro AreaEstimated Value: $1,459,455
10
Beds
7
Baths
4,703
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- No HOA
- 4 Car Garage
- Rectangular Lot
- Seventh Street Elementary School Rated 9+
- Laundry Facilities
About This Home
As of February 2024LOCATION, LOCATION, LOCATION! Pride-of-ownership real estate in Prime San Pedro Location! ***5-Unit apartment complex consisting of two structures and a quaint court-yard. Front building has a large 1,882 sq.ft. 4-Bedroom/3-Bath owner's unit built in 1991 over the front 2 units. The owner's unit boasts double-pane French doors offering views of the San Pedro Hills, a living room featuring vaulted ceilings, ceiling fans, and balconies.
Four Garages and additional on-side and off-street Parking. Huge upside in rents upon unit turnover; Low expenses - Tenants pay all utilities (Water expense offset with tenant contribution).*
Situated on a generous 8,106 sqft. corner lot, the complex provides a desirable living space within walking distance to stores, restaurants, and Averill Park. This well-positioned investment holds promise for both immediate returns and long-term appreciation.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 01/16/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 8,108 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 2nd floor
Interior Spaces
- 4,703 Sq Ft Home
- 2-Story Property
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Legal Lot and Block 5 / 36
- Assessor Parcel Number 7459019005
- $708 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,440
- Maintenance Expense $3,250
- New Taxes Expense $18,750
- Operating Expense $33,138
- Gross Income $113,424
- Net Operating Income $76,883
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2024
Closed on
Feb 8, 2024
Sold by
Bought by
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Laura Wallace
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Views
90
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
$9,455
Avg. Annual Appreciation
0.27%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in San Pedro, CA
-
Jeffrey Russell
-
Alex Sanchez
Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
63 Total Sales
2 in San Pedro
$799K - $975K Price Range
-
Lynn Lord
Lynn Lord
Estate Properties
(562) 582-8571
49 Total Sales
2 in San Pedro
$906K - $1.1M Price Range
-
Marcus Ibrahim
Marcus Ibrahim
eXp Realty of Greater Los Angeles
(781) 476-7479
90 Total Sales
1 in San Pedro
$700,000 Price
-
Luke Smith
Luke Smith
Responds QuicklyReal Brokerage Technologies, Inc.
(424) 704-9115
27 Total Sales
1 in San Pedro
$620,000 Price
-
Scott Robeson
Scott Robeson
Compass
(858) 251-7928
35 Total Sales
1 in San Pedro
$1,450,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,450,000 | Chicago Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $750,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $1,450,000 | -3.3% | $308 / Sq Ft |
| 01/29/2024 01/29/24 | Price Changed | $1,500,000 | -9.1% | $319 / Sq Ft |
| 01/16/2024 01/16/24 | For Sale | $1,650,000 | -- | $351 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $18,344 | $1,479,000 | $918,000 | $561,000 |
| 2024 | $4,292 | $297,416 | $51,408 | $246,008 |
| 2023 | $4,221 | $291,585 | $50,400 | $241,185 |
| 2022 | $4,046 | $285,868 | $49,412 | $236,456 |
| 2021 | $3,973 | $280,264 | $48,444 | $231,820 |
| 2020 | $4,002 | $277,971 | $47,948 | $230,023 |
| 2019 | $3,866 | $272,533 | $47,008 | $225,525 |
| 2018 | $3,737 | $267,202 | $46,087 | $221,115 |
| 2017 | $3,663 | $261,395 | $45,184 | $216,211 |
| 2016 | $3,528 | $256,271 | $44,299 | $211,972 |
| 2015 | $3,483 | $252,422 | $43,634 | $208,788 |
| 2014 | $3,521 | $247,479 | $42,780 | $204,699 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Wright
Seller's Agent in 2024
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
104 Total Sales
-
Cameron Samimi
Seller Co-Listing Agent in 2024
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
206 Total Sales
-
Laura Wallace
Buyer's Agent in 2024
Laura Wallace
Lyon Stahl Investment Real Estate, Inc.
(310) 283-8862
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23220238
APN: 7459-019-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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