NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,049,421

5 Beds
4 Baths
2,042 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2024

Last sale price $960,000 $470 Per Sq Ft

Current estimated payment $6,275 / mo

13 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Granite Countertops
  • San Pedro Senior High School Rated A-
  • High Ceiling
  • Skylights

About This Home

As of August 2024

Location, Location, Location!Welcome to 462 W 3rd St, San Pedro, CA 90731, a beautifully maintained duplex built in 2006, ideally situated near the Ports O'Call Village Redevelopment projects, the ocean, local shopping, and dining in the desirable San Pedro. This prime location also offers proximity to the famous Korean Bell, Fort MacArthur, and Point Fermin Lighthouse, and easy access to local freeways. The front unit features 2 bedrooms and 2 bathrooms, while the back unit offers 3 bedrooms and 2 bathrooms. Both units boast high ceilings, spacious open-concept layouts, flowing granite countertops, ample cupboard space, generous-sized bedrooms, an indoor washer and dryer area, and heat. The property includes a large front gated patio, with plenty of space along the sides and a small garden area. There's a beautiful BBQ area at the front, perfect for entertaining. One garage is rented to the back unit, and the other garage space is rented out. Not subject to the City of LA rent control, this property is a fantastic opportunity for investors or owner-occupants. All tenants are on a month-to-month basis, providing flexibility. The property is in great condition with low-maintenance hardscaping. Don't miss this great investment opportunity in a prime location!

Last Agent to Sell the Property

Melinda Elmer

Century 21 Masters Brokerage Phone: 562-316-2915 License #01399946 Listed on: 06/12/2024

Century 21 Masters

Co-Listed By

Rachelle Soto

GMT Real Estate Brokerage Phone: 562-316-2915 License #02177472

Last Buyer's Agent

Ravinder Sood

Coldwell Banker Envision License #01472019

Coldwell Banker Envision

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 4,593 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • On-Street Parking
  • Parking Lot

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,042 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 25 / 3
  • Tax Tract Number 296220
  • Assessor Parcel Number 7455001021
  • $308 per year additional tax assessments

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $64,080

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

4,593 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7455001021
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 470.13
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Skylight(s)

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Parking Space, Street
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4593.00
  • Lot Size Acres: 0.1054
  • Latitude Manual: 33.74174200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Garage Income: 500.00
  • Gross Income: 64080.00
  • Gross Scheduled Income: 64080.00
  • Lot Size Area: 4593.0000 Square Feet
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 5340.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 2962.20
  • Tax Lot: 25
  • Tax Tract Number: 296220
  • TaxOtherAnnualAssessmentAmount: 308.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 29, 2024
Sold by
Bought by
Seller's Agent
Melinda Elmer
Century 21 Masters
Buyer's Agent
Ravinder Sood
Coldwell Banker Envision
List Price
$970,000
Sold Price
$960,000
Premium/Discount to List
-$10,000
-1.03%
Views
8
Current Estimated Value
$963,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,605
Avg. Annual Appreciation
0.18%
Original Mortgage
$720,000
Outstanding Balance
$711,200
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$252,405

Purchase Details

Closed on
Jul 2, 2009
Sold by
Bought by

Purchase Details

Closed on
May 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in San Pedro, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$960,000 Orange Coast Title Company
-- None Available
$740,000 Southland Title
-- Southland Title
-- Southland Title Corporation
$287,500 Southland Title
$222,500 Southland Title
$160,000 Gateway
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $720,000
Previous Owner $148,000
Previous Owner $592,000
Previous Owner $148,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $960,000 -1.0% $470 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $970,000 -- $475 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,753 $960,000 $625,000 $335,000
2024 $11,728 $951,966 $639,846 $312,120
2023 $11,502 $933,300 $627,300 $306,000
2022 $11,881 $915,000 $615,000 $300,000
2021 $9,335 $770,000 $423,500 $346,500
2019 $7,856 $645,000 $335,000 $310,000
2018 $8,810 $720,000 $370,000 $350,000
2017 $8,128 $665,000 $399,000 $266,000
2016 $7,136 $585,000 $351,000 $234,000
2015 $6,124 $500,000 $300,000 $200,000
2014 $6,256 $500,000 $300,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24120160

California Regional Multiple Listing Service (CRMLS)

APN: 7455-001-021

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