S
Seller's Agent in 2021
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
6 in this area
83 Total Sales
340 W 11th St San Pedro, CA 90731
3
Beds
3
Baths
4,736
Sq Ft
5,005
Sq Ft Lot
Highlights
- Laundry Room
- Rectangular Lot
- 3-minute walk to Anderson Memorial Playground
- San Pedro Senior High School Rated A-
About This Home
As of August 2021The property is a two-story 1964 construction with four two-bedroom/one-bath units, two one-bedroom/one-bath units, and a non-conforming studio that a new investor may be able to legalize utilizing new ADU laws (buyer to verify). The building is securely gated, separately metered for gas and electricity, and offers shared on-site laundry, three single-car garages, and one two-car garage.
340 West 11th Street has been well-maintained and boasts numerous recent upgrades that include a complete $60,000 soft-story retrofit, hard-wired smoke alarms and gas shut-off valves to meet city code, a new central water heater. Additionally, Unit F has been renovated in the past year with new flooring, light fixtures, paint, blinds, and a new stove.
With 46 percent overall potential upside in rents, 340 West 11th Street is an excellent value-add opportunity in a dense rental market that is undergoing major redevelopment.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 06/08/2021
Last Buyer's Agent
Nitanth Reddy
RE/MAX CHAMPIONS License #02120393
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 5,006 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 5 Car Garage
Home Design
- 4,736 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Legal Lot and Block 15 / 36
- Assessor Parcel Number 7456002015
Community Details
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- Operating Expense $44,079
- Gross Income $101,840
- Net Operating Income $57,761
Additional Features
- 7 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2021 08/19/21 | Sold | $1,395,000 | 0.0% | $295 / Sq Ft |
| 07/12/2021 07/12/21 | Pending | -- | -- | -- |
| 06/08/2021 06/08/21 | For Sale | $1,395,000 | -- | $295 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,603 | $1,480,384 | $902,026 | $578,358 |
| 2024 | $18,362 | $1,451,358 | $884,340 | $567,018 |
| 2023 | $18,016 | $1,422,900 | $867,000 | $555,900 |
| 2022 | $17,199 | $1,395,000 | $850,000 | $545,000 |
| 2021 | $12,069 | $949,959 | $666,223 | $283,736 |
| 2020 | $12,182 | $940,419 | $659,392 | $281,027 |
| 2019 | $11,723 | $921,984 | $646,463 | $275,521 |
| 2018 | $11,632 | $903,911 | $633,788 | $270,123 |
| 2017 | $11,344 | $885,992 | $621,361 | $264,631 |
| 2016 | $11,056 | $868,621 | $609,178 | $259,443 |
| 2015 | $10,902 | $855,574 | $600,028 | $255,546 |
| 2014 | $9,249 | $838,816 | $588,275 | $250,541 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
-
David O'Keefe
D
Seller Co-Listing Agent in 2021
David O'Keefe
Marcus & Millichap
(562) 257-1200
4 in this area
43 Total Sales
-
N
Buyer's Agent in 2021
Nitanth Reddy
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21123513
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes
- 362 W 11th St
- 285 W 9th St
- 238 W 10th St
- 234 & 236 W 12th St
- 221 W 10th St
- 1309 S Mesa St
- 383 W 14th St
- 364 W 15th St
- 285 W 6th St Unit 331
- 1331 S Beacon St
- 230 W 15th St
- 458 W 15th St
- 576 W 11th St
- 570 W 14th St Unit 4
- 925 S Grand Ave
- 1316 S Grand Ave
- 815 S Grand Ave Unit 7
- 815 S Grand Ave Unit 9
- 358 W 17th St
- 1311 S Grand Ave Unit 5
- 332 W 11th St
- 344 W 11th St
- 342 W 11th St Unit 342
- 326 W 11th St
- 350 W 11th St
- 356 W 11th St
- 337 W 10th St
- 343 W 10th St
- 331 W 10th St
- 362 W 11th St Unit REAR
- 323 W 10th St
- 349 W 10th St
- 1033 S Centre St
- 364 W 11th St Unit Front
- 364 W 11th St
- 1041 S Centre St
- 1027 S Centre St
- 337 W 11th St
- 331 W 11th St
- 357 W 10th St
Your Personal Tour Guide
Ask me questions while you tour the home.