NOT LISTED FOR SALE

Estimated Value: $797,653

4 Beds
3 Baths
2,123 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $760,000 $358 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,177 / mo

90 Days on Market

Highlights

  • Golf Course Community
  • Traditional Architecture
  • Hiking Trails
  • Fishing
  • No HOA
  • Level Lot

About This Home

As of August 2024

Super sweet garden style triplex located a short distance from the multi-million dollar West Harbor waterfront redevelopment that is underway and projected to have it's Grand Opening in 2025. Rents are below market which means there is alot of upside potential in the future. The sister building next door at 541 W. 21st St is also for sale at the same price and gives you the opportunity to purchase 6 units on two lots zoned RD1.5 and totalling 10,000 sq ft without having to go through the hassle of commercial financing. Seller wants the buildings sold together. All units are occupied and will be that way at close of escrow. This is a great opportunity to invest in this up and coming area of San Pedro. Don't miss it.

Last Agent to Sell the Property

Gary Krill

Compass Brokerage Phone: 310-994-3922 License #01086159 Listed on: 03/21/2024

Compass

Last Buyer's Agent

Sergio Scerra

Cali Keys Realty License #01969977

Cali Keys Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 6
  • Tax Tract Number 7462
  • Assessor Parcel Number 7462030007
  • $357 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $390
  • Insurance Expense $4,000
  • Maintenance Expense $1,863
  • Pest Control $60
  • Professional Management Expense $2,742
  • Water Sewer Expense $5,724
  • New Taxes Expense $9,500
  • Operating Expense $24,599
  • Gross Income $46,116
  • Net Operating Income $21,517

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

5,000 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 2.90
  • Professional Management Expense: 2742.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5724.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 390.00
  • Parcel Number: 7462030007
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Entry Level: 1
  • Price Per Square Foot: 357.98

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Pest Control Expense: 60.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 46116.00
  • Gross Multiplier: 16.30
  • Gross Operating Income: 46116.00
  • Gross Scheduled Income: 46116.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 5000.0000 Square Feet
  • Maintenance Expense: 1863.00
  • Net Operating Income: 21517.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 24599.00
  • Rent Control: Yes
  • Total Actual Rent: 3843.00
  • Total Expenses: 24599.00

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Block: 6
  • Tax Census Tract: 2972.01
  • Tax Lot: 7
  • Tax Tract Number: 7462
  • TaxOtherAnnualAssessmentAmount: 357.00

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
Mar 21, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Sergio Scerra
Cali Keys Realty
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Views
39
Current Estimated Value
$797,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,653
Avg. Annual Appreciation
2.55%
Original Mortgage
$608,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2024
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
$608,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
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
-- Consumers Title Company
$760,000 Consumers Title Company
-- None Available
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
Previous Owner $608,000
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
08/30/2024 08/30/24 Sold $760,000 +1.3% $358 / Sq Ft
08/08/2024 08/08/24 For Sale $750,000 0.0% $353 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $750,000 -11.7% $353 / Sq Ft
03/21/2024 03/21/24 For Sale $849,000 -- $400 / 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 $9,423 $760,000 $530,000 $230,000
2024 $3,524 $264,023 $172,638 $91,385
2023 $3,461 $258,847 $169,253 $89,594
2022 $3,308 $253,773 $165,935 $87,838
2021 $3,258 $248,798 $162,682 $86,116
2019 $3,165 $241,419 $157,857 $83,562
2018 $3,076 $236,686 $154,762 $81,924
2017 $3,009 $232,046 $151,728 $80,318
2016 $2,921 $227,497 $148,753 $78,744
2015 $2,880 $224,081 $146,519 $77,562
2014 $2,909 $219,692 $143,649 $76,043
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24052633

California Regional Multiple Listing Service (CRMLS)

APN: 7462-030-007

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