NOT LISTED FOR SALE

204 N Centre St San Pedro, CA 90731

Estimated Value: $1,242,000 - $1,363,792

10 Beds
7 Baths
4,290 Sq Ft
$305/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2023

Last sale price $1,285,000 $300 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,324 / mo

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3 Car Garage
  • San Pedro Senior High School Rated A-
  • Forced Air Heating System

About This Home

As of February 2023

Great 3 unit Apartment building located in the city of San Pedro! There is a total of 3 units with each one being a town house style with an attached garage. One Unit consists of 4 bedroom / 3 bathroom which is its own building / private yard and Two units with 3 bedroom / 1.75 bathroom. This property is conveniently located near the San Pedro Fish Market, Cabrillo Beach, Museums and much more! Don't miss out on this investment opportunity!

Last Agent to Sell the Property

Freddy Okuda

ADW Management USA, Inc. License #02073148 Listed on: 01/05/2023

Last Buyer's Agent

Avinash Narang

BRC Advisors BH License #01448548

BRC Advisors BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 5,800 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex

Interior Spaces

  • 4,290 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block A / 3
  • Assessor Parcel Number 7449019034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,919
  • Maintenance Expense $3,000
  • Other Expense $1,000
  • Pest Control $444
  • Professional Management Expense $3,427
  • Water Sewer Expense $2,862
  • New Taxes Expense $15,670
  • Operating Expense $29,522
  • Gross Income $85,670
  • Net Operating Income $56,148

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

5,800 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 4.32
  • Professional Management Expense: 3427.00
  • Property Attached: No
  • Water Sewer Expenses: 2862.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7449019034
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 299.53

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Pest Control Expense: 444.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5800.00
  • Lot Size Acres: 0.1331

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 85670.00
  • Gross Multiplier: 14.72
  • Gross Operating Income: 85670.00
  • Gross Scheduled Income: 88320.00
  • Insurance Expense: 1919.00
  • Lot Size Area: 5800.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Maintenance Percent: 3.50
  • Net Operating Income: 56148.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 29522.00
  • Operating Expense Percent: 33.00
  • Other Expense: 1000.00
  • Other Expense Description: Reserve
  • Rent Control: Yes
  • Total Expenses: 29522.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 15670.00
  • Tax Block: 3
  • Tax Census Tract: 2962.10
  • Tax Lot: A
  • Tax Tract Number: Unk...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 3, 2023
Sold by
Sakao Masanaka
Bought by
Hafeez Saqib and Hafeez Alia
Seller's Agent
Freddy Okuda
ADW Management USA, Inc.
Buyer's Agent
Avinash Narang
BRC Advisors BH
List Price
$1,300,000
Sold Price
$1,285,000
Premium/Discount to List
-$15,000
-1.15%
Views
46
Current Estimated Value
$1,306,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,948
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Jul 5, 2017
Sold by
Sakao Kazuko
Bought by
Sakao Masanaka

Purchase Details

Closed on
Jun 21, 2017
Sold by
Adw #1 Llc
Bought by
Sakao Masanaka

Purchase Details

Closed on
May 26, 2016
Sold by
Armstrong Jacquelyn
Bought by
Adw #1 Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Armstrong Jacquelyn M
Bought by
Armstrong Jacquelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2003
Sold by
Kato Carolyn M
Bought by
Kang Timothy and Kato Wendy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1995
Sold by
Emc Mtg Corp
Bought by
Kato Wendy L and Kato Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
Hafeez Saqib $1,285,000 Stewart Title
Sakao Masanaka -- Equity Title Company
Sakao Masanaka $1,250,000 Fntg Builder Services
Adw #1 Llc $980,000 Fidelity National Title Co
Armstrong Jacquelyn -- Fidelity National Title Co
Kang Timothy -- Orange Coast Title
Kato Wendy L $210,000 Continental Lawyers Title Co
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 Armstrong Jacquelyn $700,000
Previous Owner Kang Timothy $220,000
Previous Owner Kato Wendy L $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2023 02/14/23 Sold $1,285,000 -1.2% $300 / Sq Ft
01/05/2023 01/05/23 For Sale $1,300,000 +32.7% $303 / Sq Ft
08/09/2016 08/09/16 Sold $980,000 +9.0% $228 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $899,000 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,251 $1,336,914 $936,360 $400,554
2024 $16,251 $1,310,700 $918,000 $392,700
2023 $16,923 $1,367,054 $317,155 $1,049,899
2022 $16,139 $1,340,250 $310,937 $1,029,313
2021 $15,927 $1,313,972 $304,841 $1,009,131
2020 $16,087 $1,300,500 $676,260 $624,240
2019 $15,452 $1,275,000 $663,000 $612,000
2018 $15,330 $1,250,000 $650,000 $600,000
2017 $13,048 $980,000 $500,000 $480,000
2016 $9,925 $806,578 $353,245 $453,333
2015 $9,782 $794,463 $347,939 $446,524
2014 $9,794 $778,902 $341,124 $437,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23002773

California Regional Multiple Listing Service (CRMLS)

APN: 7449-019-034

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