NOT LISTED FOR SALE

522 N Centre St Los Angeles, CA 90731

6 Beds
6 Baths
5,000 Sq Ft
5,001 Sq Ft Lot Lot

Sale Details

Date Sold: July 19, 2021

Last sale price $1,045,000 $209 Per Sq Ft

19 Days on Market

About This Home

As of July 2021

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

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 05/11/2021

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,001 Sq Ft Lot

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7449-004-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5000
  • Lot Acreage: 0.1148
  • Probate: No
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 223.00

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 19.35
  • Assessed Improvement Value: 79451
  • Assessed Land Percent: 80.65
  • Assessed Land Value: 331074
  • Total Assessed Value: 410525
  • Assessor Parcel Number: 7449-004-001
  • Lot Size Area: 5001

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.11
  • Number Of Units: 6
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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
Source: The MLS

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-730100

The MLS
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