NOT LISTED FOR SALE

567 W 5th St Unit 106 San Pedro, CA 90731

Estimated Value: $1,527,621

8 Beds
1 Bath
945 Sq Ft
$1,617/Sq Ft Est. Value

Highlights

  • Art Studio
  • Gated Parking
  • Contemporary Architecture
  • No Units Above
  • Open Floorplan
  • Property is near public transit

About This Home

As of November 2018

Studio is a LIVE/WORK SPACE EXCLUSIVELY FOR A PROFESSIONALLY-TRAINED VISUAL FINE ARTIST (painter, sculptor, photographer). The Angels' Ink Courtyard Artists' building has been transformed to a creative community with a private inner courtyard where artists can share inspiration & ideas.
1-story open studio with kitchen, full bath, courtyard & 6 rear windows, cement floor, high ceiling. Includes one unspecified parking space in gated lot, trash, water, and community laundry room. Square footage is approximate and not guaranteed. NO smoking in the studio or common area. Residents MUST BE VISUAL ARTISTS and 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 $1,200/month. Location: Downtown San Pedro's arts district (NOT Downtown LA).

Last Agent to Rent the Property

Tashia Hinchliffe

Estate Properties License #01245590 Listed on: 01/28/2018

Estate Properties

Last Renter's Agent

Tashia Hinchliffe

Estate Properties License #01245590 Listed on: 01/28/2018

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
  • Property Attached
  • Studio

Interior Spaces

  • 945 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Art Studio
  • Concrete Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Gated 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

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $1,200
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 11/15/18
  • 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: 2018-11-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1200
  • Furnished: Unfurnished
  • Total Move In Costs: 2400.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: No
  • Inclusions: Range
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • View: No
  • 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: 945.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Unfurnished
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.27
  • Room Type: Art Studio
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Controlled Entrance, Gated, Off Street, On Site, Parking Space, Unassigned, Uncovered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal
  • Heating Type: Wall Furnace, 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: Sewer, 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
11/16/2018 11/16/18 Rented $1,200 0.0% --
11/12/2018 11/12/18 Under Contract -- -- --
10/25/2018 10/25/18 For Rent $1,200 0.0% --
03/08/2018 03/08/18 Off Market $1,200 -- --
03/08/2018 03/08/18 For Rent $1,200 0.0% --
03/07/2018 03/07/18 Off Market $1,200 -- --
01/28/2018 01/28/18 For Rent $1,200 +9.1% --
01/23/2016 01/23/16 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: SB18020959

California Regional Multiple Listing Service (CRMLS)

APN: 7451-028-018