NOT LISTED FOR SALE

652 W 11th St San Pedro, CA 90731

Estimated Value: $907,666 - $992,000

5 Beds
3 Baths
2,748 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2020

Last sale price $743,000 $270 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,973 / mo

10 Days on Market

About This Home

As of October 2020

This is a great value add opportunity with approximately 35% rent upside. Great unit mix composed of Two 2 Bed/1 Bath units and One 1 Bed/ 1 Bath unit. The front 2 Bed unit is currently vacant and perfect for an owner-user, while the other is a detached separate house in the back with a private yard. Each unit is very large and have washer dryer hookups. The property also features new vinyl windows, roof, and irrigation system. There is also a large storage space available that can be rented out for additional income. Located just 3/4th a mile from the 110 Harbor Freeway and the new billion dollar LA Waterfront development.

Last Agent to Sell the Property

Michael Schwartz

Keller Williams Beach Cities License #01894245 Listed on: 08/24/2020

Co-Listed By

Martin Ensbury

Lyon Stahl Investment Real Estate, Inc. License #00815392

Last Buyer's Agent

Kathleen Scott

Forecast Realty Inc. License #01747902

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,749 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 2,748 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Listing and Financial Details

  • Legal Lot and Block 18 / 8
  • Tax Tract Number 1845
  • Assessor Parcel Number 7454013018

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $55,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,749 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7454013018
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 270.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Gross Income: 55260.00
  • Gross Scheduled Income: 55260.00
  • Lot Size Area: 6749.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 2969.02
  • Tax Lot: 18
  • Tax Tract Number: 1845

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

Listed on
Aug 24, 2020
Closed on
Sep 16, 2020
Sold by
Bought by
Seller's Agent
Michael Schwartz
Keller Williams Beach Cities
Buyer's Agent
Kathleen Scott
Forecast Realty Inc.
List Price
$750,000
Sold Price
$743,000
Premium/Discount to List
-$7,000
-0.93%
Current Estimated Value
$950,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,667
Avg. Annual Appreciation
4.40%
Original Mortgage
$557,250
Outstanding Balance
$493,398
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$457,269

Purchase Details

Closed on
Feb 23, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1999
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
$192,000
Interest Rate
7.56%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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

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
$743,000 Fidelity National Title
-- None Available
$240,000 North 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
Open $557,250
Previous Owner $192,000
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
10/01/2020 10/01/20 Sold $743,000 -0.9% $270 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $750,000 -- $273 / 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 $10,059 $804,245 $506,577 $297,668
2024 $9,915 $788,477 $496,645 $291,832
2023 $9,728 $773,017 $486,907 $286,110
2022 $9,282 $757,860 $477,360 $280,500
2021 $9,160 $743,000 $468,000 $275,000
2020 $4,471 $337,270 $247,338 $89,932
2019 $4,307 $330,658 $242,489 $88,169
2018 $4,182 $324,176 $237,735 $86,441
2017 $4,093 $317,821 $233,074 $84,747
2016 $3,973 $311,590 $228,504 $83,086
2015 $3,918 $306,910 $225,072 $81,838
2014 $3,912 $300,899 $220,664 $80,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20173485

California Regional Multiple Listing Service (CRMLS)

APN: 7454-013-018

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