NOT LISTED FOR SALE

338 W 9th St San Pedro, CA 90731

Estimated Value: $889,408 - $1,029,000

6 Beds
3 Baths
2,766 Sq Ft
$353/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $880,000 $318 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,233/month

18 Days on Market

Highlights

  • Laundry Room
  • Garden
  • 3-minute walk to Anderson Memorial Playground

About This Home

As of June 2022

Well-maintained triplex situated high above the street in the heart of San Pedro’s exciting waterfront development, West Harbor and the charming, vibrant downtown scene. The 2 front units are single level, with new tile floors, upgraded bathrooms, nice wood cabinets and tile counters. The 3rd unit is an upper unit with a small front patio and nice, bright vantage point. The property offers a shared on-site laundry room, 3 single car garages and 1 space in front of each. Long-term tenants in place show pride in their well-kept units and easy, low maintenance grounds. San Pedro is in the midst of a renaissance with the West Harbor project expected to create a world-class waterfront experience making for a solid investment. Don’t miss this opportunity to invest in a strong coastal submarket on the rise. San Pedro is quietly becoming the place to be and see, and upcoming waterfront developments will only contribute to its tremendous potential.

Last Agent to Sell the Property

Melissa McLean

Estate Properties License #01300556 Listed on: 04/08/2022

Estate Properties

Last Buyer's Agent

Cynthia Metzger

Seaquest Ventures Realty License #00606813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,505

Year Built

  • Built in 1977

Lot Details

  • 5,003 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,766 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 15 / 38
  • Tax Tract Number 2971
  • Assessor Parcel Number 7455010013

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,205
  • Fuel Expense $1,481
  • Insurance Expense $1,438
  • Operating Expense $5,480
  • Gross Income $41,688
  • Net Operating Income $36,208

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,505

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 282500
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 7455010013
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 318.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 3205.00
  • Fuel Expense: 1481.00
  • Gross Income: 41688.00
  • Gross Scheduled Income: 41688.00
  • Insurance Expense: 1438.00
  • Laundry Income: 1800.00
  • Lot Size Area: 5003.0000 Square Feet
  • Net Operating Income: 36208.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5480.00
  • Rent Control: Yes
  • Total Actual Rent: 3324.00
  • Total Expenses: 5480.00

Tax Info

  • Tax Block: 38
  • Tax Census Tract: 2971.10
  • Tax Lot: 15
  • Tax Tract Number: 2971

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mallcay Narcisa $55,000
Closed Malicay Narcisa $95,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $880,000 +3.8% $318 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $847,500 -- $306 / 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 $11,505 $933,862 $615,500 $318,362
2024 $11,505 $915,552 $603,432 $312,120
2023 $11,287 $897,600 $591,600 $306,000
2022 $5,364 $416,160 $201,531 $214,629
2021 $5,287 $408,001 $197,580 $210,421
2019 $3,959 $296,477 $110,461 $186,016
2018 $3,856 $290,683 $108,296 $182,387
2017 $3,776 $284,102 $106,173 $177,929
2016 $3,665 $278,533 $104,092 $174,441
2015 $3,616 $274,350 $102,529 $171,821
2014 $3,618 $268,977 $100,521 $168,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV22070887

California Regional Multiple Listing Service (CRMLS)

APN: 7455-010-013