NOT LISTED FOR SALE

1606 S Palos Verdes St Unit D San Pedro, CA 90731

10 Beds
10 Baths
5,688 Sq Ft
5,941 Sq Ft Lot

Last Sold July 18, 2022

Last sale price $2,000,000 $352 Per Sq Ft

About This Home

As of July 2022

Great opportunity to own this beautiful Spanish style units located in the city of San Pedro with ocean and marina views, units are super clean you must see them to appreciate them. The building features four 2 bedrooms 2 baths units and two 1 bedroom 1 bath units with under ground parking for about 12 cars.

Last Agent to Sell the Property

Francisco Granadeno

Big Block Powerhouse Realty License #01070335 Listed on: 06/16/2022

Last Buyer's Agent

Francisco Granadeno

Big Block Powerhouse Realty License #01070335 Listed on: 06/16/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 5,941 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 12 Car Garage

Home Design

  • 5,688 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 66
  • Tax Tract Number 297
  • Assessor Parcel Number 7456019002

Community Details

Overview

  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,400
  • Water Sewer Expense $4,674
  • Operating Expense $10,074
  • Gross Income $155,400
  • Net Operating Income $135,979

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Parking

12

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4674.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 7456019002
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 351.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5941.00
  • Lot Size Acres: 0.1364

Multi Family

  • Gross Income: 155400.00
  • Gross Scheduled Income: 155400.00
  • Insurance Expense: 5400.00
  • Lot Size Area: 5941.0000 Square Feet
  • Net Operating Income: 135979.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 19421.00
  • Rent Control: Yes
  • Total Expenses: 10074.00

Tax Info

  • Tax Block: 66
  • Tax Census Tract: 2971.20
  • Tax Lot: 2
  • Tax Tract Number: 297...

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $2,000,000 -4.7% $352 / Sq Ft
06/17/2022 06/17/22 Price Changed $2,098,600 +4.9% $369 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $2,000,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22131281

California Regional Multiple Listing Service (CRMLS)