NOT LISTED FOR SALE

2504 S Peck Ave San Pedro, CA 90731

Estimated Value: $942,000 - $989,000

4 Beds
3 Baths
2,144 Sq Ft
$451/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $712,000 $332 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,049/month

8 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Fishing
  • Corner Lot
  • Cottage

About This Home

As of April 2020

Great buy on this triplex sitiuated on a unique street-to-street corner lot in the desirable Pt Fermin area. Harbor, ocean and city lights views can be enjoyed from both of the end units. Two bedroom unit features hardwood floors and upgraded kitchen and bathroom. Each unit has laundry hookups. Just a short distance from local beaches and bluff-top parks. A great entry level investment property making it easy to take part in the long-awaited renaissance and waterfront redevlopment that is underway in San Pedro. Can be purchased along with the very unique duplex next door at 652 W. 26th St (MLS#SB20050549) and you'll have two properties on over 10,000 sq ft of land. This property in any other local beach city would be twice as much. HURRY!

Last Agent to Sell the Property

Gary Krill

Compass License #01086159 Listed on: 03/12/2020

Compass

Last Buyer's Agent

Charisma Guerrero

Albania & Associates Realty License #01757136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,533

Year Built

  • Built in 1951

Lot Details

  • 4,400 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Two or More Common Walls
  • Corner Lot

Property Views

  • Ocean
  • Harbor
  • City Lights

Home Design

  • Triplex
  • Cottage
  • Raised Foundation

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 51
  • Tax Tract Number 5703
  • Assessor Parcel Number 7465009016

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Fishing

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • New Taxes Expense $9,100
  • Operating Expense $13,100
  • Gross Income $44,724
  • Net Operating Income $31,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,533

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LARD2
  • Architectural Style: Cottage
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7465009016
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 332.09

Exterior Features

  • Foundation: Raised
  • View: City Lights, Harbor, Ocean
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size: 40x110
  • Lot Size Sq Ft: 4400.00
  • Lot Size Acres: 0.1010

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 44724.00
  • Gross Multiplier: 16.30
  • Gross Scheduled Income: 44724.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4400.0000 Square Feet
  • Net Operating Income: 31624.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13100.00
  • Rent Control: Yes
  • Total Actual Rent: 3727.00
  • Total Expenses: 13100.00

Tax Info

  • New Taxes Expense: 9100.00
  • Tax Census Tract: 2976.02
  • Tax Lot: 51
  • Tax Tract Number: 5703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 3, 2020
Sold by
Disca
Bought by
Franc
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Charisma Guerrero
Albania & Associates Realty
List Price
$729,000
Sold Price
$712,000
Premium/Discount to List
-$17,000
-2.33%
Current Estimated Value
$966,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,290
Avg. Annual Appreciation
5.71%
Interest Rate
3.33%

Purchase Details

Closed on
Apr 25, 2017
Sold by
Discala Agnes R
Bought by
Discala Agnes R and The Di Scala Family Trust

Purchase Details

Closed on
Jan 17, 1995
Sold by
Discala Frank M and Discala Agnes R
Bought by
Discala Family Trust
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Franc -- --
Discala Agnes R -- None Available
Discala Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Franc --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $712,000 -2.3% $332 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $729,000 -- $340 / 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 $9,533 $778,670 $543,538 $235,132
2024 $9,533 $763,403 $532,881 $230,522
2023 $9,401 $748,435 $522,433 $226,002
2022 $8,920 $733,761 $512,190 $221,571
2021 $8,805 $719,375 $502,148 $217,227
2020 $1,431 $90,287 $40,998 $49,289
2019 $1,387 $88,518 $40,195 $48,323
2018 $1,318 $86,783 $39,407 $47,376
2016 $1,238 $83,416 $37,878 $45,538
2015 $1,224 $82,164 $37,310 $44,854
2014 $1,248 $80,556 $36,580 $43,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20027422

California Regional Multiple Listing Service (CRMLS)

APN: 7465-009-016