425 S Cabrillo Ave San Pedro, CA 90731
5
Beds
5
Baths
2,135
Sq Ft
4,566
Sq Ft Lot
Highlights
- Wood Flooring
- Built-In Features
- Side by Side Parking
About This Home
As of March 2025Two 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
Coldwell Banker Realty License #01438754 Listed on: 11/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $804
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
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,177
Avg. Annual Appreciation
1.40%
Original Mortgage
$859,750
Outstanding Balance
$856,157
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$54,020
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
Similar Homes in San Pedro, CA
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
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 | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $226,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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
-
Seller's Agent in 2025
Amy Pell
Coldwell Banker Realty
(818) 516-3422
2 in this area
48 Total Sales
-
Buyer's Agent in 2025
Jesse Colón
The R.R. Network
(562) 547-2564
1 in this area
35 Total Sales
Map
Source: The MLS
MLS Number: 24-467133
APN: 7451-024-027
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