NOT LISTED FOR SALE

735 W 2nd St San Pedro, CA 90731

10 Beds
6 Baths
5,132 Sq Ft
3,126 Sq Ft Lot

Sale Details

Date Sold: June 24, 2015

Last sale price $975,000 $190 Per Sq Ft

252 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Cabrillo Avenue Elementary School Rated 9+

About This Home

As of June 2015

Pride of ownership NON-rent controlled property built in 1979. Great unit mix of five two bedrooms/ one bathroom, and one non-conforming studio apartment, three of the units have nice views from the balconies. Top unit was renovated with hardwood floors and has harbor views from the patio. All units are in a good condition. All rents are considerably below market and can be raised at any time to market rates by giving a 30-day written notice Entire building has copper plumbing and separately metered for electric. It is master metered for gas and water. There are 5 carport parking spaces. There are three storage spaces. One of which (the smallest) is currently rented at $40. The other two (large spaces) are used by the owner and will be cleared by the close of escrow. They can be rented at an additional amount of approximately $100/mo. for medium size and $150/mo for large size storage

Last Agent to Sell the Property

Olga Wright

Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 05/11/2015

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Monica Esquivel

Keller Williams Pacific Estates License #01715564

Keller Williams Pacific Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 3,126 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Home Design

  • 5,132 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 2966
  • Assessor Parcel Number 7451015012

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Maintenance Expense $3,000
  • Trash Expense $1,090
  • Water Sewer Expense $5,837
  • New Taxes Expense $13,043
  • Gross Income $1,920
  • Net Operating Income $50,676

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

3,126 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 5837.00
  • Property Type: Residential Income
  • Parcel Number: 7451015012
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 189.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Trash Expense: 1090.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 3126.00
  • Price Per Lot Square Foot: 311.90
  • Lot Size Acres: 0.0720

Multi Family

  • Gross Income: 1920.00
  • Gross Scheduled Income: 77000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3126.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 50676.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 269004.00
  • Other Income Description: Storage
  • Rent Control: No
  • Total Actual Rent: 6500.00

Tax Info

  • New Taxes Expense: 13043.00
  • Tax Area: 14
  • Tax Lot: 16
  • Tax Rate: 1.20
  • Tax Tract Number: 2966
  • Tax Year: 2013
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/24/2015 06/24/15 Sold $975,000 -12.9% $190 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
08/14/2014 08/14/14 For Sale $1,120,000 -- $218 / 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 $11,312 $871,355 $351,789 $519,566
2024 $11,143 $854,271 $344,892 $509,379
2023 $10,940 $837,522 $338,130 $499,392
2022 $10,455 $821,100 $331,500 $489,600
2021 $10,698 $838,290 $244,269 $594,021
2020 $10,797 $829,696 $241,765 $587,931
2019 $10,392 $813,428 $237,025 $576,403
2018 $10,323 $797,479 $232,378 $565,101
2017 $10,063 $781,843 $227,822 $554,021
2016 $9,794 $766,513 $223,355 $543,158
2015 $11,386 $900,000 $250,000 $650,000
2014 -- $750,000 $213,500 $536,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14175547

California Regional Multiple Listing Service (CRMLS)
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