NOT LISTED FOR SALE

3233 S Pacific Ave San Pedro, CA 90731

Estimated Value: $964,629 - $1,100,000

4 Beds
4 Baths
2,132 Sq Ft
$480/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $865,000 $406 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,523/month

31 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Laundry Room
  • Fishing
  • Hiking Trails
  • 4 Car Garage

About This Home

As of December 2022

Own a property close to the San Pedro waterfront! This triplex is perfect for an investor or for an owner-user, as there is a detached 2 bedroom/1.5-bathroom single-family home in the front, and 2 one-bedroom units in the rear above 4 private garages! One of the one-bedroom units has been very recently remodeled in both the kitchen and the bathroom. In this unit, the sunny and bright kitchen features upgraded countertops and sparkling white cabinetry. Other recent upgrades to the property include newer roofs, liners for the main sewer line, cleanouts, water and drain lines for the rear units, exterior paint, and more! This property is close to restaurants, shopping, and nightlife in the downtown San Pedro area, the beach, Cabrillo Marina, the famous Crafted at the Port of Los Angeles, and Brouwerij West brewery. Hurry and buy in San Pedro before the brand-new waterfront public market is complete!

Last Agent to Sell the Property

Danielle Whitney Moore

Keller Williams Realty License #01715547 Listed on: 10/21/2022

Keller Williams Realty

Co-Listed By

Lauren Yi

Keller Williams Realty License #02100328

Last Buyer's Agent

Danielle Whitney Moore

Keller Williams Realty License #01715547 Listed on: 10/21/2022

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,997

Year Built

  • Built in 1915

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • 2,132 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Overhead Utilities
  • Natural Gas Connected

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 10 / 6
  • Assessor Parcel Number 7467005006

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Military Land

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,338
  • Maintenance Expense $882
  • Water Sewer Expense $2,160
  • New Taxes Expense $11,875
  • Operating Expense $16,255
  • Gross Income $56,760
  • Net Operating Income $38,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,997

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.26
  • Price Per Unit: 305000
  • Property Attached: No
  • Water Sewer Expenses: 2160.00
  • Zoning: LAR1
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7467005006
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 405.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Military Land, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Near Public Transit, Utilities - Overhead
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Rental Info

  • Garage Rental Rate: 200.00

Multi Family

  • Average1 Bed Area: 546 Square Feet
  • Average2 Bed Area: 1040 Square Feet
  • Garage Income: 2400.00
  • Gross Income: 56760.00
  • Gross Multiplier: 16.74
  • Gross Scheduled Income: 56760.00
  • Insurance Expense: 1338.00
  • Lot Size Area: 5001.0000 Square Feet
  • Maintenance Expense: 882.00
  • Net Operating Income: 38105.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 16255.00
  • Rent Control: Yes
  • Total Expenses: 16255.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Block: 6
  • Tax Census Tract: 2976.02
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 8, 2022
Sold by
Zilberman Reut
Bought by
Siso Liran
Seller's Agent
Danielle Whitney Moore
Keller Williams Realty
Buyer's Agent
Danielle Whitney Moore
Keller Williams Realty
List Price
$950,000
Sold Price
$865,000
Premium/Discount to List
-$85,000
-8.95%
Views
56
Current Estimated Value
$1,024,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,157
Avg. Annual Appreciation
6.63%
Original Mortgage
$420,000
Outstanding Balance
$371,374
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$652,783

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 23, 2022
Sold by
Jennifer Manwai Wong Revocable Living Tr
Bought by
Siso Liran and Zrihen Orian
Seller's Agent
Danielle Whitney Moore
Keller Williams Realty
Buyer's Agent
Danielle Whitney Moore
Keller Williams Realty
List Price
$950,000
Sold Price
$865,000
Premium/Discount to List
-$85,000
-8.95%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$371,374
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$652,783

Purchase Details

Closed on
Mar 31, 2021
Sold by
Wong Jennifer
Bought by
Wong Jennifer Manwai and Wong Jennifer Manwai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2015
Sold by
Wong Jennifer Manwai
Bought by
Wong Jennifer Manwai and Jennifer Manwai Wong Revocable

Purchase Details

Closed on
Sep 3, 2013
Sold by
Miraleste Funding Inc
Bought by
Wong Jennifer Manwai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Sjostedt Meldon L and Sjostedt Joyce A
Bought by
Miraleste Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,280
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 5, 2004
Sold by
Sjostedt Meldon L and Sjostedt Joyce A
Bought by
Sjostedt Meldon L and Sjostedt Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,850
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2001
Sold by
Sjostedt Meldon L and Sjostedt Joyce A
Bought by
Sjostedt Meldon L and Sjostedt Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.21%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Sjostedt Meldon L and Sjostedt Joyce A
Bought by
Sjostedt Meldon L and Sjostedt Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.62%
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
Siso Liran -- Fidelity National Title
Siso Liran $865,000 Fidelity National Title
Wong Jennifer Manwai -- Accommodation
Wong Jennifer -- Fidelity National Title Co
Wong Jennifer Manwai -- None Available
Wong Jennifer Manwai $525,000 Fatcola
Miraleste Funding Inc -- Fatcola
Sjostedt Meldon L -- Fidelity Long Beach
Sjostedt Meldon L -- --
Sjostedt Meldon L -- Fidelity Title
Sjostedt Meldon L -- --
Sjostedt Meldon L -- Continental Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siso Liran $420,000
Previous Owner Wong Jennifer $291,000
Previous Owner Wong Jennifer Manwai $330,000
Previous Owner Miraleste Funding Inc $63,280
Previous Owner Sjostedt Meldon L $143,850
Previous Owner Sjostedt Meldon L $144,000
Previous Owner Sjostedt Meldon L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $865,000 -5.5% $406 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $915,000 -3.7% $429 / Sq Ft
10/21/2022 10/21/22 For Sale $950,000 -- $446 / 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 $10,997 $899,945 $539,967 $359,978
2024 $10,997 $882,300 $529,380 $352,920
2023 $10,787 $865,000 $519,000 $346,000
2022 $7,474 $606,449 $375,422 $231,027
2021 $7,377 $594,559 $368,061 $226,498
2020 $7,448 $588,463 $364,287 $224,176
2019 $7,161 $576,926 $357,145 $219,781
2018 $7,063 $565,615 $350,143 $215,472
2016 $6,742 $543,654 $336,548 $207,106
2015 $6,646 $535,489 $331,493 $203,996
2014 $6,683 $525,000 $325,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22226251

California Regional Multiple Listing Service (CRMLS)

APN: 7467-005-006