$710,000
SOLD JUL 2, 2014

350 W 14th St San Pedro, CA 90731

4 Beds
8 Baths
4,896 Sq Ft
4,809 Sq Ft Lot

Recently Sold

$145 Per Sq Ft

5% Below List Price

30 Days on Market

About This Home

As of May 2016

Subject property is located in a residential part of West 14th Street between S Mesa and S Centre Streets in the city of San Pedro.
Building has approximately 10 year old roof, low-flush toilets installed 10 years ago, all new energy efficient windows.
Overall well-maintained property with a fenced private courtyard for tenants to enjoy.
On-site laundry (with leased equipment) provides additional income.
Property is sold on AS IS basis.

Last Agent to Sell the Property

Stephen Lampe

Re/Max Commercial & Investment License #01164364 Listed on: 04/03/2014

Re/Max Commercial & Investment

Last Buyer's Agent

Stephen Lampe

Re/Max Commercial & Investment License #01164364 Listed on: 04/03/2014

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,809 Sq Ft Lot
  • No Common Walls

Home Design

  • 4,896 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2971
  • Assessor Parcel Number 7456014020

Community Details

Overview

  • 8 Units

Recreation

  • Marina

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,392
  • Insurance Expense $2,682
  • Maintenance Expense $4,200
  • Water Sewer Expense $5,172
  • New Taxes Expense $9,107
  • Gross Income $5,912
  • Net Operating Income $39,423

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Price Per Unit: 93000
  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 5172.00
  • Property Type: Residential Income
  • Parcel Number: 7456014020
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 145.02

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 4809.00
  • Lot Size Acres: 0.1100

Multi Family

  • Electric Expense: 1392.00
  • Gross Income: 5912.00
  • Gross Scheduled Income: 70944.00
  • Insurance Expense: 2682.00
  • Lot Size Area: 4809.0000 Square Feet
  • Maintenance Expense: 4200.00
  • Net Operating Income: 39423.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 2449.00
  • Rent Control: Yes
  • Waterfront Features: Marina in Community

Tax Info

  • New Taxes Expense: 9107.00
  • Tax Lot: 20
  • Tax Tract Number: 2971
  • Tax Year: 2013

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $981,000 -1.7% $240 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $998,000 +40.6% $245 / Sq Ft
07/02/2014 07/02/14 Sold $710,000 -4.6% $145 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $744,000 -- $152 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14067958

California Regional Multiple Listing Service (CRMLS)