$905,000
SOLD MAR 10, 2025

425 S Cabrillo Ave San Pedro, CA 90731

5 Beds
5 Baths
2,135 Sq Ft
4,566 Sq Ft Lot

Recently Sold

$424 Per Sq Ft

5% Below List Price

30 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Side by Side Parking
  • San Pedro Senior High School Rated A-

About This Home

As of March 2025

Two side by side properties are for sale by the same owner. One, a single family, two bedroom home; the other a three unit 1920's Craftsman, set up and running as short term furnished vacation rentals. These properties have been in the possession of the same family for the last 91 years. Both properties as a single purchase could be the perfect live work opportunity for the right person, couple, or family. However, we invite offers on each property independent of the other. The main house 425 was built from a Green and Green blue print purchased by thousands of contractors during the era of it's construction. It is documented as having been built in 1920. Electricity arrived in San Pedro in 1911. The ceiling fixtures were fitted with gas lines originally and wired much later than 1920. The 2 story 1923 rear house was originally built as a porte cochere. The only enclosure on the ground floor was the garage. Most of the second floor was elevated on stilts, over an area where horses were kept. According to the seller's grandparents, the area was enclosed to create the third unit around 1942.All units are in operation as furnished, short term vacation units. The Craftsman built ins are unusually well preserved, and the units are well appointed with a distinctive nod to the early 20th Century. The front house 425 can book on Air bnb, VRBO etc. as two separate units with their own exterior entrances or they can be combined into one unit for larger groups. 427 (upstairs) can sleep up to 4 with it's 2 bedrooms and living room convertible sofa. 429 (down stairs rear) can sleep two comfortably and a third on the daybed. The vacation rentals have enjoyed nearly full occupancy since we began the project four years ago. All the units are currently occupied, but can be viewed by arrangement.

Last Agent to Sell the Property

Amy Pell

Coldwell Banker Realty License #01438754 Listed on: 11/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Jesse Colón

The R.R. Network License #01883728

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,566 Sq Ft Lot

Interior Spaces

  • 2,135 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Side by Side Parking
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Gravity Heating System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 7451-024-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2135
  • Lot Acreage: 0.1048
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Wood, Linoleum, Carpet, Slate
  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 444.96

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car, Driveway - Concrete, Side By Side

Utilities

  • Cooling: Heat Pump(s), Wall Unit(s)
  • Heating: Heat Pump, Gravity

Lot Info

  • Assessed Improvement Percent: 49.54
  • Assessed Improvement Value: 23064
  • Assessed Land Percent: 50.46
  • Assessed Land Value: 23495
  • Total Assessed Value: 46559
  • Assessor Parcel Number: 7451-024-027
  • Lot Size Area: 4566

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: multi family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Feb 26, 2025
Sold by
Bornn Michael
Bought by
Perez Victor and Perez Jesus
Seller's Agent
Amy Pell
Coldwell Banker Realty
Buyer's Agent
Jesse Colón
The R.R. Network
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%
Views
111
Current Estimated Value
$904,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$680
Avg. Annual Appreciation
-0.09%
Original Mortgage
$859,750
Outstanding Balance
$852,459
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$51,861

Purchase Details

Closed on
Jul 5, 2019
Sold by
Bornn Michael
Bought by
Darmac Lending Services Llc and Ktp Investments Llc

Purchase Details

Closed on
Mar 26, 2001
Sold by
Bornn Michael and Maggio Karen J
Bought by
Bornn Michael

Purchase Details

Closed on
Jun 3, 1997
Sold by
Mitchell Edythe E
Bought by
Mitchell Edythe E and The Mitchell Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $905,000 Lawyers Title Company
Trustee Deed $98,000 Lawyers Title
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $859,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $905,000 -4.7% $424 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $950,000 -- $445 / Sq Ft
Source: The MLS

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 $804 $48,438 $24,443 $23,995
2024 $804 $47,489 $23,964 $23,525
2023 $793 $46,559 $23,495 $23,064
2022 $760 $45,647 $23,035 $22,612
2021 $6,603 $543,573 $353,626 $189,947
2020 $6,669 $538,000 $350,000 $188,000
2019 $640 $43,427 $21,915 $21,512
2018 $686 $42,577 $21,486 $21,091
2016 $636 $40,925 $20,652 $20,273
2015 $629 $40,311 $20,342 $19,969
2014 $645 $39,522 $19,944 $19,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-467133

The MLS

APN: 7451-024-027