Seller's Agent in 2021
Jonathan Weir
Marcus & Millichap
(310) 909-5500
10 in this area
74 Total Sales
We are pleased to present 522 South Centre Street, a 6-unit investment property in San Pedro, California. The property is located between Amar and Oliver Streets just just blocks from the110 Freeway. This area is a solid majority-renter market with low vacancy rates. 522 South Centre Street consists of six 1 bedroom 1 bathroom units, two of which have a sun room. All of the units are separately metered for gas and electricity. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. PROPERTY HIGHLIGHTS: Low Price Per Foot ($233), All Units have W/D Hookups, Strong In-Place Income With Upside, and Up and Coming San Pedro Market
Last Agent to Sell the Property
Marcus & Millichap License #02038545 Listed on: 05/11/2021
Last Buyer's Agent
Jonathan Weir
Marcus & Millichap License #02038545
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2021 07/19/21 | Sold | $1,045,000 | -6.3% | $209 / Sq Ft |
| 05/30/2021 05/30/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | For Sale | $1,115,000 | -- | $223 / Sq Ft |
| 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 | $14,212 | $1,108,962 | $578,358 | $530,604 |
| 2024 | $13,995 | $1,087,218 | $567,018 | $520,200 |
| 2023 | $13,736 | $1,065,900 | $555,900 | $510,000 |
| 2022 | $13,121 | $1,045,000 | $545,000 | $500,000 |
| 2021 | $5,778 | $414,777 | $334,503 | $80,274 |
| 2020 | $5,824 | $410,525 | $331,074 | $79,451 |
| 2019 | $5,624 | $402,477 | $324,583 | $77,894 |
| 2018 | $5,542 | $394,586 | $318,219 | $76,367 |
| 2016 | $5,218 | $379,265 | $305,863 | $73,402 |
| 2015 | $5,151 | $373,569 | $301,269 | $72,300 |
| 2014 | $5,170 | $366,252 | $295,368 | $70,884 |
Seller's Agent in 2021
Jonathan Weir
Marcus & Millichap
(310) 909-5500
10 in this area
74 Total Sales
Source: The MLS
MLS Number: 21-730100
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