NOT LISTED FOR SALE

3631 Stephen m White Dr Los Angeles, CA 90731

10 Beds
8 Baths
6,572 Sq Ft
10,349 Sq Ft Lot

Last Sold May 10, 2023

Last sale price $1,950,000 $297 Per Sq Ft

22 Days on Market

Highlights

  • White Water Ocean Views
  • Fishing
  • Hiking Trails
  • Golf Course Community
  • No HOA
  • Laundry Room

About This Home

As of May 2023

LOCATION AND VIEWS! Own an 8-unit property across the street from the beach with VIEWS of the ocean, whitewater, coastline, Vincent Thomas Bridge, and city lights! Stephen M. White Drive is one of the most desirable streets in the Point Fermin neighborhood of San Pedro. This property is perfect for an investor or for an owner-user, as there are four 2 bedroom/1 bathroom units, two 1 bedroom/1 bathroom units, and two studio units, along with a community laundry room and a carport with one parking spot for each of the 8 units. Soft story retrofit was completed in March of 2018. This property is close to restaurants, shopping, and nightlife in the downtown San Pedro area, Point Fermin Park, Cabrillo Beach, the Cabrillo Marina, famous Crafted at the Port of Los Angeles, Brouwerij West Brewery, and the Korean Bell at Angels Gate Park. Hurry and buy in San Pedro before the brand-new waterfront West Harbor project is complete!

Last Agent to Sell the Property

Danielle Whitney Moore

Keller Williams Realty License #01715547 Listed on: 03/22/2023

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: 03/22/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 10,349 Sq Ft Lot
  • No Common Walls
  • Level Lot

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Views of Vincent Thomas Bridge
  • Bridge
  • City Lights

Interior Spaces

  • 6,572 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • 8 Detached Carport Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 24
  • Assessor Parcel Number 7467017022
  • $1,335 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Military Land

Amenities

  • Laundry Facilities

Recreation

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

Building Details

  • 8 Leased Units
  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $445
  • Gardener Expense $360
  • Insurance Expense $4,840
  • Maintenance Expense $2,110
  • Supplies Expense $2,657
  • Water Sewer Expense $4,932
  • New Taxes Expense $25,000
  • Operating Expense $41,777
  • Gross Income $138,600
  • Net Operating Income $96,823

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.84
  • Price Per Unit: 250000
  • Property Attached: No
  • Supplies Expense: 2657.00
  • View: Yes
  • Water Sewer Expenses: 4932.00
  • Zoning: LARD2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7467017022
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Levels: Two
  • Price Per Square Foot: 296.71

Exterior Features

  • View: Bridge(s), City Lights, Coastline, Harbor, Ocean, Vincent Thomas Bridge, Water, White Water
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport, Covered, On Site, Parking Space
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • 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, Utilities - Overhead
  • Lot Size Sq Ft: 10349.00
  • Lot Size Acres: 0.2376

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 445.00
  • Gross Income: 138600.00
  • Gross Multiplier: 14.68
  • Gross Scheduled Income: 136200.00
  • Insurance Expense: 4840.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 10349.0000 Square Feet
  • Maintenance Expense: 2110.00
  • Net Operating Income: 96823.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 41777.00
  • Rent Control: Yes
  • Total Actual Rent: 136200.00
  • Total Expenses: 41777.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Census Tract: 2976.01
  • Tax Lot: 24
  • TaxOtherAnnualAssessmentAmount: 1335.00

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 List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $1,950,000 -2.5% $297 / Sq Ft
03/22/2023 03/22/23 For Sale $2,000,000 -- $304 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Danielle Whitney Moore

    Seller's Agent in 2023

    Danielle Whitney Moore

    Keller Williams Realty

    (310) 519-7323

    56 in this area

    108 Total Sales

    Danielle Whitney Moore
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lauren Yi

    Keller Williams Realty

    (310) 940-0382

    50 in this area

    100 Total Sales

    Lauren Yi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23047588

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90731

3631 Stephen m White Dr, Los Angeles, CA

This home is located at 3631 Stephen m White Dr, Los Angeles, CA 90731 since 22 March 2023. This property was built in 1956. 3631 Stephen m White Dr is a home located in Los Angeles County with nearby schools including Leland Street Elementary School, Dana Middle School, and San Pedro Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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