Bill Ruth
Coastal Legacy Realty Group
(424) 588-6482
29 Total Sales
2 in San Pedro
$433K - $1M Price Range
534 W 14th St Los Angeles, CA 90731
San Pedro Area
6
Beds
5
Baths
816
Sq Ft
6,751
Sq Ft Lot
About This Home
As of September 2020We are pleased to present 534 W 14th St, a 5-unit investment property in San Pedro, California. The property is located between S Grand and Pacific Avenues just blocks from the port of Los Angeles. This area is a solid majority-renter market with low vacancy rates. 534 W 14th St consists of one Standalone 2 Bedroom 1 Bathroom unit and four 1 Bedroom 1 Bathroom units. All of the units are separately metered for gas and electricity. Due to its location and vintage of building, this property does fall under Los Angeles Rent Control.This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture nearly a 100% increase in potential rental upside. Buyer also has the ability to build an ADU in the rear of the property to generate additional income. *Buyer to verify accuracy. Very Low Price Per foot ($201) and TONS of upside. Long term ownership. 7% + Proforma Cap Rate ! This wont last long. OM available upon request
Last Agent to Sell the Property
Marcus & Millichap License #02038545 Listed on: 07/28/2020
Last Buyer's Agent
Daron Case
RE/MAX Commercial & Inv Realty
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 6,751 Sq Ft Lot
Interior Spaces
- 816 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 7454-026-017
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- Vacancy Allowance $1,970
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
Jul 28, 2020
Closed on
Aug 17, 2020
Sold by
Bought by
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Daron Case
RE/MAX Commercial & Inv Realty
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Bill Ruth
-
Edward Renteria
Edward Renteria
Serhant California, Inc.
(669) 800-1168
25 Total Sales
1 in San Pedro
$880,000 Price
-
Michael Mackenbach
Michael Mackenbach
Estate Properties
(424) 373-6410
53 Total Sales
8 in San Pedro
$400K - $1.3M Price Range
-
Justin Drury
Justin Drury
Strand Hill Properties
(424) 373-8546
23 Total Sales
27 in San Pedro
$775K - $1.9M Price Range
-
Kimiah Wyer
Kimiah Wyer
Keller Williams Realty
(562) 247-4034
47 Total Sales
6 in San Pedro
$590K - $1.1M Price Range
-
Melissa Barlow
Melissa Barlow
Responds QuicklyElite Representation Real Estate
(424) 704-9071
43 Total Sales
1 in San Pedro
$800,000 Price
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 |
|---|---|---|---|
| $930,000 | Fidelity National Title Co |
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 |
|---|---|---|---|---|
| 09/11/2020 09/11/20 | Sold | $930,000 | -4.6% | $1,140 / Sq Ft |
| 09/02/2020 09/02/20 | Pending | -- | -- | -- |
| 07/28/2020 07/28/20 | For Sale | $975,000 | -- | $1,195 / 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 | $15,875 | $1,246,360 | $573,688 | $672,672 |
| 2024 | $12,808 | $986,923 | $562,440 | $424,483 |
| 2023 | $12,573 | $967,572 | $551,412 | $416,160 |
| 2022 | $12,014 | $948,600 | $540,600 | $408,000 |
| 2021 | $11,851 | $930,000 | $530,000 | $400,000 |
| 2020 | $4,423 | $292,263 | $140,960 | $151,303 |
| 2019 | $4,280 | $286,534 | $138,197 | $148,337 |
| 2018 | $4,178 | $280,917 | $135,488 | $145,429 |
| 2016 | $3,925 | $270,011 | $130,228 | $139,783 |
| 2015 | $3,878 | $265,956 | $128,272 | $137,684 |
| 2014 | $3,875 | $260,747 | $125,760 | $134,987 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Weir
Seller's Agent in 2020
Jonathan Weir
Marcus & Millichap
(310) 909-5500
80 Total Sales
-
D
Buyer's Agent in 2020
Daron Case
RE/MAX
Map
Source: The MLS
MLS Number: 20-610676
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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