NOT LISTED FOR SALE

567 W 5th St Unit 101 San Pedro, CA 90731

Estimated Value: $1,527,621

1 Bed
1 Bath
885 Sq Ft
$1,726/Sq Ft Est. Value

Highlights

  • Art Studio
  • Auto Driveway Gate
  • Contemporary Architecture
  • No Units Above
  • City Lights View
  • Property is near public transit

About This Home

As of December 2021

THIS IS A LIVE/WORK ARTIST STUDIO EXCLUSIVELY & ONLY for a professional visual fine artist (painters and sculptors). The Angels' Ink Courtyard Artists' building has been transformed into a creative community with a private inner courtyard where artists can share inspiration & ideas.
2-story live/work studio with kitchen, full bath, windows facing street, cement floor downstairs and wood floor in sleeping loft. Includes one parking space in gated lot, trash, water, and community laundry room. Square footage is approximate and not guaranteed. NO smoking in the building or common area. Residents MUST BE PROFESSIONALLY-TRAINED VISUAL ARTISTS whose portfolios and gallery exhibits will be prescreened. Tenants are encouraged to open their studio for Downtown San Pedro’s 1st Thursday monthly art walk. 8 artist-in-residence studios share the building. Live where you create for $1,350/month. Location: Downtown San Pedro's arts district near the LA Harbor (NOT Downtown LA).

Last Agent to Rent the Property

Tashia Hinchliffe

Estate Properties License #01245590 Listed on: 10/24/2021

Estate Properties

Last Renter's Agent

Tashia Hinchliffe

Estate Properties License #01245590 Listed on: 10/24/2021

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,462

Year Built

  • Built in 1950

Lot Details

  • 8,402 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Studio

Interior Spaces

  • 885 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Loft
  • Art Studio
  • City Lights Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Auto Driveway Gate
  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Unassigned Parking
  • Controlled Entrance

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Heating Available
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $1,350
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 10/24/21
  • Tax Lot 24
  • Tax Tract Number 105
  • Assessor Parcel Number 7451028018

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,462

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-10-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1350
  • Furnished: Unfurnished
  • Total Move In Costs: 2700.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Range, Fridge
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 7451028018
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 885.00 Square Feet
  • Interior Amenities: Granite Counters, Unfurnished
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Concrete, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.53
  • Room Type: Art Studio, Loft
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Brick, Enclosed
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Paved, Gated, Off Street, On Site, Parking Space, Unassigned, Uncovered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Community, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Level with Street, Near Public Transit, Paved
  • Lot Size Sq Ft: 8402.00
  • Lot Size Acres: 0.1929

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 8402.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2015
Sold by
567 Sth Street Investors Llc
Bought by
The Hinchliffe Trust
Current Estimated Value
$1,527,621

Purchase Details

Closed on
May 7, 2004
Sold by
Tyler Thomas T and Moorhead Valery J
Bought by
567 5Th Street Investors Llc

Purchase Details

Closed on
Dec 12, 2000
Sold by
Moorhead Valery J and Tyler Thomas T
Bought by
Moorhead Valery J and Tyler Thomas T
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Hinchliffe Trust -- None Available
567 5Th Street Investors Llc $650,000 Equity Title
Moorhead Valery J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Rented $1,350 0.0% --
11/28/2021 11/28/21 Under Contract -- -- --
10/24/2021 10/24/21 For Rent $1,350 +12.5% --
01/31/2018 01/31/18 Rented $1,200 0.0% --
01/24/2018 01/24/18 Under Contract -- -- --
01/08/2018 01/08/18 For Rent $1,200 +9.1% --
04/02/2016 04/02/16 Rented $1,100 0.0% --
01/09/2016 01/09/16 For Rent $1,100 -- --
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
2025 $14,462 $1,135,251 $476,293 $658,958
2024 $14,462 $1,112,992 $466,954 $646,038
2023 $14,197 $1,091,170 $457,799 $633,371
2022 $13,563 $1,069,775 $448,823 $620,952
2021 $13,346 $1,048,800 $440,023 $608,777
2019 $12,960 $1,017,694 $426,973 $590,721
2018 $10,518 $812,209 $418,601 $393,608
2017 $15,625 $1,242,665 $517,777 $724,888
2016 $15,174 $1,218,300 $507,625 $710,675
2015 $9,819 $768,948 $396,305 $372,643
2014 -- $753,886 $388,542 $365,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21234896

California Regional Multiple Listing Service (CRMLS)

APN: 7451-028-018