NOT LISTED FOR SALE
4 Beds
3 Baths
32,977 Sq Ft
0.49 Acre Lot

Sale Details

Date Sold: October 5, 2020

Last sale price $9,250,000 $280 Per Sq Ft

113 Days on Market

Highlights

  • 0.49 Acre Lot
  • Landscaped
  • Laundry Facilities
  • San Pedro Senior High School Rated A-

About This Home

As of October 2020

Welcome to 740 W. 24th Street Apartments, located in San Pedro, CA 90731. This community offers studio and two-bedroom apartment homes designed with practical layouts and everyday comfort.

Each apartment includes hardwood flooring in the living areas and carpet in the bedrooms. Large windows allow natural light into the living spaces. Kitchens feature stainless steel appliances, including a refrigerator, gas stove, and dishwasher, along with cabinet storage and countertop workspace. The property offers gated entry, garage parking, and a shared laundry room for resident use. The location provides access to nearby streets, local dining and shopping, and parks.

If you are looking for apartments for rent in San Pedro, 90731, 740 W. 24th Street Apartments offers studio and two-bedroom homes in a convenient location.

Equal Housing Opportunity. We comply with the Fair Housing Act and the California Fair Employment and Housing Act. Photos are of a similar model unit; exact finishes, floor plan, and view may vary.

Last Agent to Sell the Property

Stephen Lampe

Re/Max Commercial & Investment License #01164364 Listed on: 03/16/2020

Last Buyer's Agent

Shikha Seth

Century 21 Coastal Properties License #01961581

Century 21 Coastal Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 21,170 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Parking

  • 41 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 32,977 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 23 / 16
  • Assessor Parcel Number 7463005028

Community Details

Building Details

  • Rent Control
  • 31 Separate Electric Meters
  • 31 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $6,120
  • Gardener Expense $1,800
  • Insurance Expense $13,044
  • Maintenance Expense $20,500
  • Pest Control $2,923
  • Professional Management Expense $54,353
  • Trash Expense $9,254
  • Water Sewer Expense $21,333
  • New Taxes Expense $128,553
  • Operating Expense $278,862
  • Gross Income $783,972
  • Net Operating Income $482,347

Additional Features

  • 31 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.49 Acres

Parking

41

Listing Details

  • CapRate: 4.40
  • Professional Management Expense: 54353.00
  • Property Attached: Yes
  • Water Sewer Expenses: 21333.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 7463005028
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 280.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 41.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 41.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 2923.00
  • Sewer: Public Sewer
  • Trash Expense: 9254.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21170.00
  • Lot Size Acres: 0.4860

Rental Info

  • Garage Rental Rate: 100.00

Multi Family

  • Electric Expense: 6120.00
  • Gross Income: 783972.00
  • Gross Multiplier: 13.97
  • Gross Operating Income: 761209.00
  • Gross Scheduled Income: 758772.00
  • Insurance Expense: 13044.00
  • Laundry Income: 300.00
  • Lot Size Area: 21170.0000 Square Feet
  • Maintenance Expense: 20500.00
  • Net Operating Income: 482347.00
  • Number Of Separate Electric Meters: 31
  • Number Of Separate Gas Meters: 31
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 31
  • Operating Expense: 278862.00
  • Other Income1: 1600.00
  • Other Income Description: RUBS
  • Rent Control: Yes
  • Total Actual Rent: 63236.00
  • Total Expenses: 278862.00

Tax Info

  • New Taxes Expense: 128553.00
  • Tax Block: 16
  • Tax Census Tract: 2972.01
  • Tax Lot: 23

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
09/14/2026 09/14/26 Off Market -- -- --
04/25/2026 04/25/26 Price Changed $2,041 0.0% --
04/03/2026 04/03/26 Price Changed $2,041 -25.4% --
01/28/2026 01/28/26 Price Changed $2,736 +2.6% --
10/27/2025 10/27/25 Price Changed $2,666 +52.3% --
09/10/2025 09/10/25 Price Changed $1,750 -34.4% --
08/29/2025 08/29/25 Price Changed $2,666 +52.3% --
08/08/2025 08/08/25 Price Changed $1,750 -6.7% --
07/30/2025 07/30/25 Price Changed $1,875 -29.7% --
07/29/2025 07/29/25 Price Changed $2,666 +33.3% --
07/29/2025 07/29/25 Price Changed $2,000 -25.0% --
07/23/2025 07/23/25 For Rent $2,666 0.0% --
05/05/2025 05/05/25 Off Market $2,666 -- --
08/24/2024 08/24/24 For Rent $2,666 0.0% --
05/15/2024 05/15/24 Price Changed $2,666 +2.5% --
02/22/2024 02/22/24 Price Changed $2,600 -2.5% --
02/01/2024 02/01/24 For Rent $2,666 0.0% --
08/08/2023 08/08/23 For Rent $2,666 0.0% --
07/18/2023 07/18/23 Price Changed $2,666 +11.3% --
06/29/2023 06/29/23 Price Changed $2,395 +5.3% --
06/26/2023 06/26/23 For Rent $2,275 0.0% --
10/05/2020 10/05/20 Sold $9,250,000 -15.5% $280 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/10/2020 06/10/20 Price Changed $10,950,000 -4.8% $332 / Sq Ft
03/16/2020 03/16/20 For Sale $11,500,000 +60.3% $349 / Sq Ft
04/28/2017 04/28/17 Sold $7,175,000 -10.3% $218 / Sq Ft View Prior Sale
01/24/2017 01/24/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $8,000,000 -- $243 / 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
2026 $130,298 $10,819,989 $3,312,241 $7,507,748
2025 $130,298 $10,607,834 $3,247,296 $7,360,538
2024 $128,682 $10,399,838 $3,183,624 $7,216,214
2023 $126,206 $10,195,920 $3,121,200 $7,074,720
2022 $120,382 $9,996,000 $3,060,000 $6,936,000
2021 $112,334 $9,250,000 $4,770,000 $4,480,000
2020 $94,974 $7,614,166 $3,926,469 $3,687,697
2019 $91,254 $7,464,870 $3,849,480 $3,615,390
2018 $90,767 $7,323,500 $3,774,000 $3,549,500
2016 $2,623 $4,100,682 $473,033 $3,627,649
2015 $2,624 $4,039,087 $465,928 $3,573,159
2014 $2,853 $3,959,968 $456,802 $3,503,166
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20057513

California Regional Multiple Listing Service (CRMLS)
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