NOT LISTED FOR SALE

2322 S Grand Ave San Pedro, CA 90731

Estimated Value: $1,151,000 - $1,183,000

5 Beds
5 Baths
3,160 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $1,085,000 $343 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,493/month

11 Days on Market

Highlights

  • Views of Pier
  • Laundry Room
  • Back Yard
  • No HOA
  • Central Air

About This Home

As of December 2022

Classic "Craftsman Style" 2 unit duplex in San Pedro. On the left, 2322 S Grand Ave is a single story large 2 bedroom and 2 bathroom with formal dining, extra storage with custom built-ins, HVAC, long tandem driveway, enclosed dog walk, in unit W/D hookups, master bedroom with large walk in closet and master bathroom. On the right, 2324 S Grand Ave is a large 2 story 3 bedroom and 2.5 bathroom. The entry level features a open living room, adjoining dining area with glass mutton cabinets built-in, HVAC, half guest bath, guest bed with loft and roll up garage with W/D hookups and alley access. A beautiful red oak staircase leads upstairs to another guest bed, full guest bathroom, , huge walk out patio, master bedroom with large walk in closet and master bathroom. Both units have fresh interior paint and flooring, recessed lighting, were added to in 2010 and received a new roof in 2020. Ideal for investor cash flow or owner-occupant landlord. Wonderful location just minutes from Cabrillo Beach, the marina and Pt. Fermin Park.

Last Agent to Sell the Property

Matthew Oksas

Irongate Real Estate License #01437004 Listed on: 10/21/2022

Co-Listed By

Tyler Kruse

First Team Real Estate License #02045268

Last Buyer's Agent

Herb Diaz

PLF REAL ESTATE SOLUTIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,670

Year Built

  • Built in 1919

Lot Details

  • 4,500 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • Views of a pier
  • Peek-A-Boo

Home Design

  • 3,160 Sq Ft Home
  • Duplex
  • Split Level Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 17 / A
  • Tax Tract Number 297
  • Assessor Parcel Number 7465006018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Trash Expense $750
  • Water Sewer Expense $2,000
  • Operating Expense $25,500
  • Gross Income $70,000
  • Net Operating Income $44,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,670

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 547500
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7465006018
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two, Multi/Split
  • Price Per Square Foot: 343.35
  • Room Type: Master Bedroom

Exterior Features

  • View: Peek-A-Boo, Pier
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1033
  • Latitude Manual: 33.72283000

Multi Family

  • Average2 Bed Area: 1800 Square Feet
  • Average3 Bed Area: 1350 Square Feet
  • Gross Operating Income: 70000.00
  • Gross Scheduled Income: 70000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 4500.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 44500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 25500.00
  • Rent Control: Yes
  • Total Expenses: 25500.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 2972.01
  • Tax Lot: 17
  • Tax Tract Number: 297...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Ramirez Rosalin Acevedo
Bought by
Gussman Christopher and Gussman Christina A
Current Estimated Value
$1,166,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Outstanding Balance
$878,916
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$287,590

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 4, 2022
Sold by
Scott And Misty Davies Living Trust
Bought by
Ramirez Rosalin Acevedo
Seller's Agent
Matthew Oksas
Irongate Real Estate
Buyer's Agent
Herb Diaz
PLF REAL ESTATE SOLUTIONS
List Price
$1,095,000
Sold Price
$1,085,000
Premium/Discount to List
-$10,000
-0.91%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$1,065,347
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2007
Sold by
Davies Scott
Bought by
Davies Scott and Davies Misty

Purchase Details

Closed on
Oct 14, 2005
Sold by
Abshear Matthew P
Bought by
Abshear Juliette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 8, 2005
Sold by
Rizor Timothy and Rizor Rita
Bought by
Davies Scott and Abshear Juliette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 28, 2005
Sold by
Davies Misty Dawn
Bought by
Davies Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 25, 2005
Sold by
Rizor Timothy and Mckenna Rita
Bought by
Rizor Timothy and Rizor Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Rizor Timothy and Mckenna Rita
Bought by
Rizor Timothy and Mckenna Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Ursich Anthony A and Ursich Ernestine P
Bought by
Rizor Tim and Mckenna Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,150
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2000
Sold by
Ursich Anthony
Bought by
Ursich Anthony A and Ursich Ernestine P

Purchase Details

Closed on
May 4, 2000
Sold by
J And M Ursich Trust and Ursich Anthony
Bought by
Bogdanovich Anne N and Felando Thelma T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gussman Christopher $1,175,000 Fidelity National Title
Ramirez Rosalin Acevedo $1,085,000 Fidelity National Title
Davies Scott -- None Available
Abshear Juliette -- First American Title Company
Davies Scott $627,000 Fatcola
Davies Scott -- First American Title Company
Rizor Timothy -- Progressive Title
Rizor Timothy -- Natc
Rizor Tim $319,000 Fatcola
Ursich Anthony A -- --
Bogdanovich Anne N -- --
Felando Philip J -- --
Bogdanovich Nick L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gussman Christopher $881,250
Previous Owner Ramirez Rosalin Acevedo $1,065,347
Previous Owner Davies Scott $375,000
Previous Owner Rizor Timothy $162,000
Previous Owner Rizor Timothy $115,000
Previous Owner Rizor Timothy $348,000
Previous Owner Rizor Tim $271,150
Closed Rizor Tim $47,850
Closed Rizor Timothy $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $1,085,000 0.0% $343 / Sq Ft
12/20/2022 12/20/22 Sold $1,085,000 -0.9% $343 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
11/02/2022 11/02/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $1,095,000 0.0% $347 / Sq Ft
10/21/2022 10/21/22 For Sale $1,095,000 -- $347 / 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 $13,670 $1,128,834 $624,240 $504,594
2024 $13,670 $1,106,700 $612,000 $494,700
2023 $13,406 $1,085,000 $600,000 $485,000
2022 $12,003 $1,003,845 $643,876 $359,969
2021 $11,845 $984,162 $631,251 $352,911
2019 $11,488 $954,974 $612,529 $342,445
2018 $11,375 $936,250 $600,519 $335,731
2017 $11,125 $917,894 $588,745 $329,149
2016 $10,852 $899,897 $577,201 $322,696
2015 $10,692 $886,380 $568,531 $317,849
2014 $10,730 $869,018 $557,395 $311,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22226729

California Regional Multiple Listing Service (CRMLS)

APN: 7465-006-018