$1,275,000

789 W 18th St Unit 3 San Pedro, CA 90731

Estimated payment $7,484/month

Total Views 562
8 Beds
7 Baths
4,684 Sq Ft
$272 Price per Sq Ft

Highlights

  • Popular Property
  • Modern Architecture
  • No HOA
  • Property is near public transit
  • Lawn
  • Laundry Room

About This Home

Prime fourplex located in the Vista Del Oro area of San Pedro. Currently a non RSO building. Excellent opportunity for an investor or owner occupant. Spacious units. Loads of upside potential with the future income stream for this building. Each unit has separate gas and electric meters plus individual laundry hook-ups. The exterior of the building was just recently painted, and the 100-gallon water heater was replaced at great expense to the sellers. Just ads to the buildings value, charm and attractiveness!! Unit # 3 was also recently fully refurbished from top to bottom and is ready for an owner occupant or a new tenant of the buyers choosing!! The units consist of a great mixture of sizes, something for everyone, there's a 3-bedroom two bath and two, 2 bedroom two baths and a one bedroom one bath. The two upstairs units have fireplaces in addition to central heating. This property is located just blocks to the $150 million-dollar West Harbor development that is currently taking place, in addition to being a short distance to the marina, beaches and ocean side parks, the Korean bell and much more!!

Listing Agent

Paul Siverson

West Shores Realty, Inc. Brokerage Phone: 310-918-0743 License #01101197 Listed on: 09/04/2025

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,087

Year Built

  • Built in 1985

Lot Details

  • 5,002 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Lawn

Parking

  • 3 Car Garage

Home Design

  • Modern Architecture
  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 4,684 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Carbon Monoxide Detectors
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Mirrored Closets Doors
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating
  • Wall Furnace
  • Natural Gas Connected
  • Central Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Tax Tract Number 1
  • Assessor Parcel Number 7462009002
  • $562 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $668
  • Fuel Expense $1,082
  • Gardener Expense $770
  • Insurance Expense $6,141
  • Water Sewer Expense $5,200
  • New Taxes Expense $15,700
  • Operating Expense $29,561
  • Gross Income $51,000
  • Net Operating Income $20,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,087

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 318750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 5200.00
  • Zoning: LAR2
  • Architectural Style: Modern
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 770.00
  • Parcel Number: 7462009002
  • Year Built: 1985
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Entry Location: ground
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Price Per Square Foot: 272.20
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Water Heater Central
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 5002.00
  • Lot Size Acres: 0.1148

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 668.13
  • Fuel Expense: 1082.00
  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 6141.00
  • Lot Size Area: 5002.0000 Square Feet
  • Net Operating Income: 20304.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 2
  • Operating Expense: 30696.00
  • Rent Control: Yes
  • Total Actual Rent: 3980.00
  • Total Expenses: 29561.00

Tax Info

  • New Taxes Expense: 15700.00
  • Tax Block: 6
  • Tax Census Tract: 2972.01
  • Tax Lot: 2
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 562.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,087 $554,762 $174,015 $380,747
2024 $7,087 $543,885 $170,603 $373,282
2023 $6,957 $533,221 $167,258 $365,963
2022 $6,646 $522,767 $163,979 $358,788
2021 $6,541 $512,517 $160,764 $351,753
2019 $6,351 $497,318 $155,997 $341,321
2018 $6,248 $487,568 $152,939 $334,629
2016 $5,928 $468,637 $147,001 $321,636
2015 $5,845 $461,598 $144,793 $316,805
2014 $5,888 $452,557 $141,957 $310,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $1,275,000 -- $272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25191078

California Regional Multiple Listing Service (CRMLS)

APN: 7462-009-002