NOT LISTED FOR SALE

2441 S Denison Ave San Pedro, CA 90731

4 Beds
4 Baths
3,320 Sq Ft
5,561 Sq Ft Lot

Last Sold May 31, 2013

Last sale price $699,900 $211 Per Sq Ft

162 Days on Market

Highlights

  • Modern Architecture
  • Laundry Room
  • East Facing Home
  • No HOA
  • Tile Flooring
  • Paved or Partially Paved Lot

About This Home

As of May 2013

Outstanding 7 unit apartment building on a lovely San Pedro street in a quiet neighborhood. The property is well maintained and most of the units have been extensively remodeled in recent years and include new kitchen cabinets, sinks and counter tops; new vinyl windows; and tiled bathroom floors. A coin operated laundry is available for tenant usage. The building was recently painted. The property features a new concrete apron and driveway and resurfaced asphalt parking area.

Last Agent to Sell the Property

James Porter

Porter Heritage License #01266035 Listed on: 10/17/2012

Last Buyer's Agent

James Porter

Porter Heritage License #01266035 Listed on: 10/17/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 5,561 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 6 Car Garage
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 3,320 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, trash collection
  • Tax Lot 17
  • Tax Tract Number 5703
  • Assessor Parcel Number 7465010010

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • Rent Control
  • Electric Expense $2,000
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Maintenance Expense $4,200
  • Other Expense $900
  • Pest Control $500
  • Professional Management Expense $1,200
  • Trash Expense $1,000
  • Water Sewer Expense $5,000
  • New Taxes Expense $8,749
  • Gross Income $72,684
  • Net Operating Income $43,455

Property Details

Home Type

Multi-Family

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • CapRate: 6.21
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 5000.00
  • Zoning: LARD1.5
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7465010010
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 210.81

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 500.00
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Paved
  • Lot Size Sq Ft: 5561.00
  • Lot Size Acres: 0.1280

Rental Info

  • Tenant Pays: Cable TV, Trash Collection

Multi Family

  • Average1 Bed Area: 475
  • Electric Expense: 2000.00
  • Gross Income: 72684.00
  • Gross Multiplier: 9.63
  • Gross Scheduled Income: 72684.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5561.0000 Square Feet
  • Maintenance Expense: 4200.00
  • Net Operating Income: 43455.00
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Range: 7
  • Operating Expense: 27049.00
  • Other Expense: 900.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Actual Rent: 6005.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8749.00
  • Tax Lot: 17
  • Tax Tract Number: 5703
  • Tax Year: 2011

Range of Values:

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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
05/31/2013 05/31/13 Sold $699,900 -12.4% $211 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $799,000 -- $241 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Porter

    Porter Heritage

    (310) 375-3197

    6 Total Sales

    James Porter
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12130983

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County San Pedro 90731

2441 S Denison Ave, San Pedro, CA

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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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