NOT LISTED FOR SALE

660 W 11th St San Pedro, CA 90731

11 Beds
8 Baths
6,778 Sq Ft
6,752 Sq Ft Lot

Last Sold May 02, 2023

Last sale price $1,900,000 $280 Per Sq Ft

187 Days on Market

Highlights

  • No HOA
  • Subterranean Parking
  • Controlled Entrance

About This Home

As of May 2023

BACK ON THE MARKET - ATTRACTIVE THREE STORY SEVEN (7) UNIT DIVERSE MIX APARTMENT. | APPROXIMATELY 40% IN POTENTIAL RENTAL UPSIDE | MORE UPSIDE WITH MILLIONS OF UPCOMING DEVELOPMENT IN THE AREA INCLUDING THE NEW LA WATERFRONT WHICH WILL PROVIDE AMAZING NEW RESTAURANTS, SHOPS AND LOTS OF ENTERTAINMENT | PROPERTY FEATURES HARBOR BRIDGE VIEWS FROM THE TOP LEVEL, HIGH WALKING SCORE TO DOWNTOWN SAN PEDRO RESTAURANTS, SHOPS, AND LOCAL BUSINESSES | ALSO HOME OF THE FIRST THURSDAY ART WALKS | THE PROPERTY FEATURES THE FOLLOWING SPLIT: (ONE) 3-BEDROOM/2.5 BATH, (TWO) 2-BEDROOM/1 BATH, AND (FOUR) 1-BEDROOM/1 BATH. | BUILDING HAS PLENTY OF PARKING SPACES IN GATED PARKING GARAGE | ON-SITE LAUNDRY FACILITY | VERY LOW AND EASY MAINTENANCE OF COMMON GROUNDS | MINUTES AWAY FROM 110 FREEWAY, FORT MCARTHUR, POINT FERMIN, CABRILLO BEACH, MARINA, HIKING TRAILS AND LOCAL PARKS | PHENOMENAL VALUE ADD OPPORTUNITY!!!!!

Last Agent to Sell the Property

Noriel Sandoval

West Shores Realty, Inc. License #01883487 Listed on: 11/22/2021

West Shores Realty, Inc.

Last Buyer's Agent

Nusrat Khan

Twitter Real Estate License #00999562

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,752 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 10 Car Garage
  • Subterranean Parking
  • Parking Available
  • Controlled Entrance

Home Design

  • Apartment

Interior Spaces

  • 6,778 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 19 / 8
  • Tax Tract Number 13245
  • Assessor Parcel Number 7454013019
  • $1,075 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Operating Expense $29,000
  • Gross Income $117,204
  • Net Operating Income $88,204

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

10

Listing Details

  • Price Per Unit: 285571
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 7454013019
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 280.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Covered, Subterranean
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 117204.00
  • Gross Multiplier: 17.06
  • Gross Scheduled Income: 117204.00
  • Lot Size Area: 6752.0000 Square Feet
  • Net Operating Income: 88204.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number Wall A C: 7
  • Operating Expense: 29000.00
  • Rent Control: Yes
  • Total Actual Rent: 10517.00
  • Total Expenses: 29000.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 2969.02
  • Tax Lot: 19
  • Tax Tract Number: 13245
  • TaxOtherAnnualAssessmentAmount: 1075.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2023 05/02/23 Sold $1,900,000 -5.0% $280 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,999,000 +5.2% $295 / Sq Ft
02/17/2022 02/17/22 Off Market $1,900,000 -- --
12/01/2021 12/01/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $1,999,000 +45.4% $295 / Sq Ft
09/30/2016 09/30/16 Sold $1,375,000 -8.3% $203 / Sq Ft View Prior Sale
08/29/2016 08/29/16 Pending -- -- --
11/14/2015 11/14/15 For Sale $1,500,000 +17.6% $221 / Sq Ft
07/17/2015 07/17/15 Sold $1,275,000 0.0% $188 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $1,275,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21244079

California Regional Multiple Listing Service (CRMLS)