NOT LISTED FOR SALE

559 W 11th St San Pedro, CA 90731

Estimated Value: $770,505 - $919,000

3 Beds
3 Baths
1,702 Sq Ft
$485/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2017

Last sale price $502,500 $295 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,991 / mo

4 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Wall Furnace
  • San Pedro Senior High School Rated A-
  • Level Lot

About This Home

As of June 2017

Nice low-maintenance triplex is a great addition to your real estate portfolio. Very close to the LA Waterfront which is in the beginning stages of a major redevelopment. Interiors are in decent condition. All windows have been replaced with dual-pane vinyl. Three one-car garages are rented separate from the units. With a GRM of 14.1 and a CAP of 5.3 this one is right in line with the recent comps. Property is under LA city rent control ordinance.

Last Agent to Sell the Property

Gary Krill

Compass License #01086159 Listed on: 05/19/2017

Compass

Last Buyer's Agent

Gary Krill

Compass License #01086159 Listed on: 05/19/2017

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,064 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 1,702 Sq Ft Home
  • Double Pane Windows
  • Laminate Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 7454
  • Assessor Parcel Number 7454019002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,080
  • Water Sewer Expense $1,300
  • New Taxes Expense $6,000
  • Operating Expense $8,980
  • Gross Income $2,940
  • Net Operating Income $26,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

5,064 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 5.30
  • Property Attached: Yes
  • Water Sewer Expenses: 1300.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7454019002
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Price Per Square Foot: 295.24
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5064.00

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 567 Square Feet
  • Garage Income: 295.00
  • Gross Income: 2940.00
  • Gross Multiplier: 14.10
  • Gross Scheduled Income: 35280.00
  • Insurance Expense: 1080.00
  • Net Operating Income: 26300.00
  • Number Of Rented Garages: 3
  • 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: 8980.00
  • Rent Control: Yes
  • Total Actual Rent: 2645.00
  • Total Expenses: 8980.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Census Tract: 2969.02
  • Tax Lot: 2
  • Tax Tract Number: 7454

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

Closed on
Aug 28, 2024
Sold by
Bought by
Current Estimated Value
$811,292

Purchase Details

Closed on
Sep 1, 2017
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
$344,400
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2017
Closed on
May 26, 2017
Sold by
Bought by
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Gary Krill
Compass
List Price
$499,000
Sold Price
$502,500
Premium/Discount to List
$3,500
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2010
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
$232,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2005
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
$415,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 31, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2002
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
$215,616
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Listed On Document
-- None Listed On Document
-- Wfg National Title Ins Co
$502,500 Fidelity National Title
-- None Available
$310,000 First American Title
$519,000 First American Title Co
-- American Coast
$219,000 First American Title Co
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 $344,400
Previous Owner $232,500
Previous Owner $415,200
Previous Owner $215,616
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
06/27/2017 06/27/17 Sold $502,500 +0.7% $295 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $499,000 -- $293 / 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 $7,302 $583,188 $432,314 $150,874
2024 $9,894 $795,905 $557,134 $238,771
2023 $9,705 $780,300 $546,210 $234,090
2022 $6,745 $549,554 $407,381 $142,173
2021 $6,659 $538,780 $399,394 $139,386
2020 $6,723 $533,256 $395,299 $137,957
2019 $6,463 $522,801 $387,549 $135,252
2018 $6,353 $512,550 $379,950 $132,600
2017 $4,221 $335,497 $173,160 $162,337
2016 $4,113 $328,919 $169,765 $159,154
2015 $4,055 $323,979 $167,215 $156,764
2014 $4,058 $317,634 $163,940 $153,694
Source: Public Records

Agents Affiliated with this Home

  • Gary Krill

    Seller's Agent in 2017

    Gary Krill

    Compass

    (310) 994-3922

    154 Total Sales

    Gary Krill
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17105590

California Regional Multiple Listing Service (CRMLS)

APN: 7454-019-002

California Los Angeles County San Pedro 90731

559 W 11th St, San Pedro, CA

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.