NOT LISTED FOR SALE

456 W 14th St San Pedro, CA 90731

Estimated Value: $1,255,000 - $1,403,000

8 Beds
4 Baths
3,104 Sq Ft
$435/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $1,300,000 $419 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,746/month

179 Days on Market

Highlights

  • Stone Countertops
  • Level Lot
  • Wall Furnace

About This Home

As of February 2022

Best deal in San Pedro for a 4 unit building with over $8000 of monthly cash flow! Blocks away from the new marina and the newly announced West Harbor project with a 6200 seat amphitheater, restaurants, shops and great open space. The current owner renovated the building starting from the foundation and every unit in the building. Units enjoy laminated wood flooring thru-out all carpets have been removed. The open kitchen have stone counters and tiled back splash with a stainless appliance package creating the ultimate first impression. Additional features include ceiling fans, custom window coverings, track lighting, mirrored closet doors, raised panel doors, new water heaters, smoke and carbon detectors, gas earthquake valves on all meters, Great opportunity to invest in the beautiful city of San Pedro on these units that are in great condition! These units are a great investment! 4 units with 2 Bedroom / 1 Bath each. Property has been completely remodeled inside and out which includes foundation renovation with city permits!!! What's more, this building offers private parking to 4 tenants and the parking space is gated with automatic lighting for extra security. Lastly, the monthly income it's already good but you can make it better since there is space for increase it!!!

Last Agent to Sell the Property

Jerry Yutronich

Estate Properties License #01218093 Listed on: 07/02/2021

Estate Properties

Co-Listed By

Audrey Yutronich

Estate Properties License #01967114

Last Buyer's Agent

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,787

Year Built

  • Built in 1906

Lot Details

  • 4,801 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Apartment

Interior Spaces

  • 3,104 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 18 / 14
  • Assessor Parcel Number 7456015018

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $96,180
  • Net Operating Income $96,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,787

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 7456015018
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Stone Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 418.81

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Microwave
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1102

Multi Family

  • Gross Income: 96180.00
  • Gross Scheduled Income: 96180.00
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 96180.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 2971.10
  • Tax Lot: 18
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jan 5, 2022
Sold by
456 W 14Th Street Llc
Bought by
14Th St San Pedro Llc
Seller's Agent
Jerry Yutronich
Estate Properties
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,351,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,052
Avg. Annual Appreciation
1.10%
Original Mortgage
$975,000
Outstanding Balance
$933,927
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$417,125

Purchase Details

Closed on
Nov 7, 2019
Sold by
Imarhri Yassine B and Oliva Deborah J
Bought by
456 W 14Th Street Llc

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jul 30, 2018
Sold by
R & D Properties Inc
Bought by
Imarhri Yassine B and Oliva Deborah J
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Vania Rincon
Keller Williams Larchmont
List Price
$899,999
Sold Price
$775,000
Premium/Discount to List
-$124,999
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$864,172
Interest Rate
4.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 3, 2010
Sold by
New World Construction Inc
Bought by
R & D Properties Inc

Purchase Details

Closed on
Feb 28, 2006
Sold by
Zaky Wafick Fouad and Zaky Amal Y
Bought by
New World Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1993
Sold by
Zaky Wafick Fouad and Zaky Amal Y
Bought by
So Bay Group
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
14Th St San Pedro Llc $1,300,000 New Title Company Name
456 W 14Th Street Llc -- None Available
Imarhri Yassine B $775,000 Wfg National Title Company
R & D Properties Inc -- None Available
New World Construction Inc $615,000 Landamerica
So Bay Group -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 14Th St San Pedro Llc $975,000
Previous Owner Imarhri Yassine B $864,172
Previous Owner Imarhri Yassine B $864,172
Previous Owner New World Construction Inc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $1,300,000 -3.7% $419 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,350,000 0.0% $435 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/29/2021 08/29/21 For Sale $1,350,000 0.0% $435 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $1,350,000 +74.2% $435 / Sq Ft
08/30/2018 08/30/18 Sold $775,000 -13.9% $250 / Sq Ft
08/14/2018 08/14/18 For Sale $899,999 0.0% $290 / Sq Ft
08/13/2018 08/13/18 Price Changed $899,999 0.0% $290 / Sq Ft
08/13/2018 08/13/18 For Sale $899,999 +16.1% $290 / Sq Ft
08/09/2018 08/09/18 Off Market $775,000 -- --
06/08/2018 06/08/18 Price Changed $800,000 0.0% $258 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $800,000 +900.0% $258 / Sq Ft
02/09/2018 02/09/18 For Sale $80,000 -- $26 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $16,787 $1,379,569 $758,763 $620,806
2024 $16,787 $1,352,520 $743,886 $608,634
2023 $16,465 $1,326,000 $729,300 $596,700
2022 $10,163 $824,452 $494,671 $329,781
2021 $10,029 $808,287 $484,972 $323,315
2019 $9,626 $775,360 $540,000 $235,360
2018 $6,083 $473,269 $225,195 $248,074
2016 $6,103 $454,547 $216,451 $238,096
2015 $6,022 $447,720 $213,200 $234,520
2014 $6,032 $438,951 $209,024 $229,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21144464

California Regional Multiple Listing Service (CRMLS)

APN: 7456-015-018