$1,040,000
SOLD MAR 28, 2025

543 W Santa Cruz St San Pedro, CA 90731

6 Beds
5 Baths
2,904 Sq Ft
4,999 Sq Ft Lot

Recently Sold

$358 Per Sq Ft

5% Below List Price

107 Days on Market

Highlights

  • Bridge View
  • Laundry Room
  • 4 Car Garage
  • Balcony
  • Central Heating and Cooling System

About This Home

As of March 2025

Welcome to this charming duplex nestled in the coastal community of San Pedro! The spacious front house is ideal for owner-occupants, offering 4 bedrooms, 3 bathrooms, 1,806 sq. ft. of living space, in-unit laundry area, kitchen and bathrooms. Step out onto the balcony to enjoy the coastal breeze and views of the Vincent Thomas Bridge.
Between the two units, you’ll find a welcoming courtyard, perfect for outdoor dining, storage, or entertaining with fruit trees. Fruit trees on property are lime, guava, orange, and a hybrid apple of 4 varieties. The second unit, located above the garages, is 956 sq. ft and features 2 bedrooms, 2 bathrooms with a spacious living room, dining area, and large kitchen. Additional property highlights include a generous storage room that can double as a gym, two deep-set garages with tandem parking, and a carport.
This property presents an excellent investment opportunity in a vibrant, growing area! San Pedro is on the cusp of significant development and with the upcoming Olympics provides a great opportunity.

Last Agent to Sell the Property

Nimmi Richards

Circa Properties, Inc. License #02169322 Listed on: 11/13/2024

Circa Properties, Inc.

Co-Listed By

Jimmy Kim

Circa Properties, Inc. License #01992028

Last Buyer's Agent

Ravinder Sood

Berkshire Hathaway HomeServices California Properties License #01472019

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,184

Year Built

  • Built in 1989

Lot Details

  • 4,999 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Bridge Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 25 / 1
  • Tax Tract Number 13245
  • Assessor Parcel Number 7451007024
  • $343 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $58,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,184

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 525000
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7451007024
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: /
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 358.13

Exterior Features

  • View: Bridge(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4999.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Scheduled Income: 78000.00
  • Lot Size Area: 4999.0000 Square Feet
  • Net Operating Income: 58500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 19500.00
  • Rent Control: No

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2966.00
  • Tax Lot: 25
  • Tax Tract Number: 13245
  • TaxOtherAnnualAssessmentAmount: 343.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Avery Joseph and Avery Lina
Bought by
Shen Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2020
Sold by
Vatladares Clement and Valladares Shannon
Bought by
Avery Joseph and Avery Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,234
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2003
Sold by
Valladares Juan Ramon
Bought by
Valladares Clemente and Valladares Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,900
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1998
Sold by
Valladares Ruth Jasmine
Bought by
Valladares Juan Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
6.9%

Purchase Details

Closed on
Feb 22, 1998
Sold by
Garcia Denis O and Valladares Santos
Bought by
Valladares Clemente and Valladares Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
6.9%

Purchase Details

Closed on
Sep 12, 1995
Sold by
Holzer Duane H and Holzer Barbara C
Bought by
Valladares Clemente and Valladares Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,326
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,040,000 First American Title Company
Grant Deed $773,000 Fidelity National Title Co
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- Fidelity National Title Ins
Gift Deed -- Fidelity National Title Ins
Grant Deed $137,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $780,000 New Conventional
Previous Owner $746,341 FHA
Previous Owner $746,234 FHA
Previous Owner $221,900 Purchase Money Mortgage
Previous Owner $134,300 No Value Available
Previous Owner $135,326 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $4,299 -4.5% $2 / Sq Ft
04/30/2025 04/30/25 For Rent $4,500 0.0% --
03/28/2025 03/28/25 Sold $1,040,000 -1.0% $358 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $1,050,000 -4.5% $362 / Sq Ft
02/14/2025 02/14/25 For Sale $1,100,000 0.0% $379 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $1,100,000 +42.3% $379 / Sq Ft
08/14/2020 08/14/20 Sold $773,000 0.0% $266 / Sq Ft
08/14/2020 08/14/20 Sold $773,000 +1.8% $266 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/15/2020 07/15/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $759,000 0.0% $261 / Sq Ft
06/29/2020 06/29/20 For Sale $759,000 0.0% $261 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $759,000 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $10,184 $820,313 $501,951 $318,362
2023 $9,989 $804,229 $492,109 $312,120
2022 $9,525 $788,460 $482,460 $306,000
2021 $9,398 $773,000 $473,000 $300,000
2020 $3,753 $300,994 $91,127 $209,867
2019 $3,610 $295,093 $89,341 $205,752
2018 $3,544 $289,308 $87,590 $201,718
2016 $3,351 $278,076 $84,190 $193,886
2015 $3,302 $273,900 $82,926 $190,974
2014 $3,304 $268,536 $81,302 $187,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24233438

California Regional Multiple Listing Service (CRMLS)

APN: 7451-007-024