637 W 32nd St San Pedro, CA 90731
Estimated payment $7,978/month
Total Views
21,175
8
Beds
4
Baths
3,284
Sq Ft
$381
Price per Sq Ft
Highlights
- Property is near a park
- Private Yard
- Landscaped
- Corner Lot
- Laundry Room
- Stacked Washer and Dryer
About This Home
This elegant two-story 4-plex is located in the Point Fermin neighborhood of San Pedro between Gaffey and Pacific St. It is situated on a corner lot with excellent curb appeal, a fenced yard and two two-car garages. Each unit has one parking spot in garage. All four units have 2-Bed, 1-Bath with washer and dryer hookups. Upstairs units have some ocean view and large living room windows to brighten up the living space. This 4-plex is a great opportunity for an owner/user or an investor considering this prime coastal neighborhood. Each unit has separate gas and electric meters. All four units are currently rented with great upside potential. One of the units has been remodeled with granite counter tops in the kitchen and bath. This property is also close to Cabrillo Beach, LA Marina, Point Fermin Park, the Korean Friendship Bell and the historic Lighthouse. San Pedro is undergoing development which includes the Waterfront Park and other entertainment facilities.
Listing Agent
Rafael Renderos, Broker Brokerage Phone: 310-433-7580 License #01412329 Listed on: 08/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,885
Year Built
- Built in 1960
Lot Details
- 4,504 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Corner Lot
- Level Lot
- Private Yard
- Lawn
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
Interior Spaces
- 3,284 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
Listing and Financial Details
- Legal Lot and Block 48 / 16
- Tax Tract Number 297
- Assessor Parcel Number 7467003006
- $436 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $2,310
- Insurance Expense $2,400
- Water Sewer Expense $2,310
- Operating Expense $7,020
- Gross Income $71,953
- Net Operating Income $55,165
Map
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Home Values in the Area
Average Home Value in this Area
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 | $12,885 | $1,058,419 | $602,897 | $455,522 |
| 2024 | $12,885 | $1,037,667 | $591,076 | $446,591 |
| 2023 | $12,638 | $1,017,322 | $579,487 | $437,835 |
| 2022 | $12,053 | $997,375 | $568,125 | $429,250 |
| 2021 | $11,895 | $977,820 | $556,986 | $420,834 |
| 2019 | $11,541 | $948,818 | $540,466 | $408,352 |
| 2018 | $11,455 | $930,215 | $529,869 | $400,346 |
| 2017 | $0 | $911,977 | $519,480 | $392,497 |
| 2016 | $10,933 | $894,096 | $509,295 | $384,801 |
| 2015 | $10,774 | $880,666 | $501,645 | $379,021 |
| 2014 | $10,828 | $863,416 | $491,819 | $371,597 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | For Sale | $1,250,000 | -- | $381 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $790,000 | Financial Title | |
| Grant Deed | $657,000 | Provident Title Company | |
| Grant Deed | $400,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $79,000 | Stand Alone Second | |
| Previous Owner | $632,000 | Purchase Money Mortgage | |
| Previous Owner | $615,600 | New Conventional | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | Purchase Money Mortgage | |
| Closed | $91,300 | No Value Available |
Source: Public Records
Similar Homes in San Pedro, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV24161453
APN: 7467-003-006
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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
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