$3,399,000

801 Oro Terrace San Pedro, CA 90731

Estimated payment $21,438/month

Total Views 11,960
12 Beds
12 Baths
7,908 Sq Ft
$430 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • Attached Carport
  • Ceiling Fan
  • 1-Story Property

About This Home

BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes.Unparalleled "view" potential for a Builder.Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths.and a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also.The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets. And of course, it's home to one of LA County's largest employers, The Port of LA. An already-stable renting base that is only getting stronger.ASSUMABLE LOAN:80+% LTV assumable note of $2,770,000 at 4.65% Interest-Only. Principal paydown amounts of $100K each May and December. Due Feb 2033.*SELLER WILL LIKELY ALLOW "CASH-FOR-KEYS" DIALOGUE WITH THE TENANTS DURING ESCROW.EXCLUSIVELY LISTED AT $3,399,000.

Listing Agent

Brice W. Head, MBA

CBRE, Inc. License #01330706 Listed on: 07/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Parking

  • Attached Carport

Interior Spaces

  • 7,908 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Oven or Range
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.44 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 7458-004-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes.Unparalleled "view" potential for a Builder.Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths.and a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also.The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets.
  • Living Area: 7908
  • Lot Acreage: 0.4358
  • Year Built: 1928
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 12.00
  • Equipment: Ceiling Fan, Gas Or Electric Dryer Hookup, Refrigerator, Range/Oven
  • Price Per S Q F T: 429.82

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 21.49
  • Assessed Improvement Value: 462913
  • Assessed Land Percent: 78.51
  • Assessed Land Value: 1690773
  • Total Assessed Value: 2153686
  • Assessor Parcel Number: 7458-004-015
  • Lot Size Area: 18985

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.61
  • Number Of Units: 12
  • Total Annual Expense: 83025
  • Type Of Units: Bungalow
  • Vacancy Rate: 0

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

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $3,399,000 +3.0% $430 / Sq Ft
02/08/2023 02/08/23 Sold $3,300,000 -2.9% $417 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $3,399,000 -- $430 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25560163

The MLS