NOT LISTED FOR SALE

285 W 11th St San Pedro, CA 90731

Estimated Value: $797,101 - $985,000

4 Beds
3 Baths
2,280 Sq Ft
$404/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $765,000 $336 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,643/month

12 Days on Market

Highlights

  • Marina
  • Traditional Architecture
  • Private Yard
  • Property is near a park
  • High Ceiling
  • No HOA

About This Home

As of March 2022

Here's your chance to own a little slice of San Pedro history. This charming triplex features two spacious 1 bed/1bath units (1 currently vacant) with a separate 2 bedroom/1 bath home in the rear. Great opportunity to live in one unit while having the other units subsidize the mortgage. Lot's of upside potential on the current rents as well. Tons of character and well maintained by the current owner with laminate flooring, dual paned windows, and built-in features. 4 single car garages in the rear with extra-wide alley access. Located just minutes from DTSP, Cabrillo Marina, and the future LA Waterfront Development, making this is a very attractive long-term investment.

Last Agent to Sell the Property

Michael Harper

HH Coastal Real Estate License #01381971 Listed on: 01/16/2022

Co-Listed By

Peter Hazdovac

HH Coastal Real Estate License #01897455

Last Buyer's Agent

Michael Harper

HH Coastal Real Estate License #01381971 Listed on: 01/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,917

Year Built

  • Built in 1888

Lot Details

  • 4,803 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • On-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Victorian Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Panel Doors
  • Living Room with Fireplace
  • Laminate Flooring
  • Laminate Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 2 / 58
  • Assessor Parcel Number 7456005002
  • $341 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Marina
  • Hiking Trails

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Maintenance Expense $4,800
  • Water Sewer Expense $2,200
  • Operating Expense $7,800
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,917

Year Built

Built in 1888

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 241333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2200.00
  • Zoning: LAR2
  • Architectural Style: Traditional, Victorian
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7456005002
  • Year Built: 1888
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: High Ceilings, Laminate Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Door Features: Panel Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 335.53
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Hiking, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 4803.00
  • Lot Size Acres: 0.1103

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 764 Square Feet
  • Average2 Bed Area: 552 Square Feet
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 4803.0000 Square Feet
  • Maintenance Expense: 4800.00
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 7800.00
  • Rent Control: Yes
  • Total Actual Rent: 1950.00
  • Total Expenses: 7800.00
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Area: 13245
  • Tax Block: 58
  • Tax Census Tract: 2971.10
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 341.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2022
Closed on
Feb 23, 2022
Sold by
Odonnell Marian G
Bought by
Hani Salehi-Had And Yasmin Keyvan Family Trus and Key Yasmin
Seller's Agent
Michael Harper
HH Coastal Real Estate
Buyer's Agent
Michael Harper
HH Coastal Real Estate
List Price
$724,000
Sold Price
$765,000
Premium/Discount to List
$41,000
5.66%
Current Estimated Value
$920,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,275
Avg. Annual Appreciation
5.19%
Original Mortgage
$350,000
Outstanding Balance
$325,548
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$594,727
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
Hani Salehi-Had And Yasmin Keyvan Family Trus $765,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hani Salehi-Had And Yasmin Keyvan Family Trus $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2022 03/03/22 Sold $765,000 +5.7% $336 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $724,000 -5.4% $318 / Sq Ft
01/24/2022 01/24/22 Off Market $765,000 -- --
01/16/2022 01/16/22 For Sale $724,000 -- $318 / 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 $9,917 $811,823 $604,888 $206,935
2024 $9,917 $795,906 $593,028 $202,878
2023 $9,727 $780,300 $581,400 $198,900
2022 $940 $49,603 $25,381 $24,222
2021 $916 $48,632 $24,884 $23,748
2020 $918 $48,134 $24,629 $23,505
2019 $895 $47,192 $24,147 $23,045
2018 $804 $46,268 $23,674 $22,594
2017 $788 $45,361 $23,210 $22,151
2016 $743 $44,472 $22,755 $21,717
2015 $735 $43,805 $22,414 $21,391
2014 $732 $42,947 $21,975 $20,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22006908

California Regional Multiple Listing Service (CRMLS)

APN: 7456-005-002