Seller's Agent in 2021
Tony Ma
Compass-Pasadena
(626) 759-4812
1 in this area
77 Total Sales
803 W 6th St San Pedro, CA 90731
Estimated Value: $1,008,353 - $1,232,000
5
Beds
4
Baths
2,520
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Laundry Room
About This Home
As of December 2021Here is your chance to own this amazing quadplex located in the Vista Del Oro neighborhood, in the city of San Pedro. These units are 100% occupied, have no vacancy, and offer an astonishing 5.85% CAP RATE! This is a perfect opportunity for a new investor, 1031 exchange buyers, and/or first-time buyers looking to live in one while having rental income from the other occupied units. Three out of the four units have been remodeled in 2018 with new cabinets, granite countertops, laminate flooring, new bathroom vanities, lighting, and interior paint. The property has all new 200 amp electrical panels, drain pipes that have been changed to ABS plastic earlier this year, upgraded dual pane windows, and copper plumbing. One unit is detached with its own parking spot and private patio. The other three units are within a single building and each unit has its own private patio. San Pedro is home to the Korean Bell of Friendship, Point Fermin Park, Los Angeles Maritime Museum, San Pedro Fish Market & Restaurant, Cabrillo Marine Aquarium, The Port of Los Angeles, and future developments to the San Pedro waterfront attraction.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,941
Year Built
- Built in 1920
Lot Details
- 4,519 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Home Design
- 2,520 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 20 / C
- Tax Tract Number 296
- Assessor Parcel Number 7451034020
- $428 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $240
- Insurance Expense $1,200
- Maintenance Expense $600
- Other Expense $400
- Water Sewer Expense $1,800
- New Taxes Expense $10,602
- Operating Expense $14,842
- Gross Income $67,500
- Net Operating Income $52,658
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2020
Sold by
Tchan Chrystal
Bought by
Tchan Chrystal C and Chrystal C Tchan Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$482,764
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$585,574
Purchase Details
Closed on
Oct 31, 2018
Sold by
Dragonfly Investment Properties
Bought by
Tchan Chrystal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,350
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 29, 2017
Sold by
Global Az Investing
Bought by
Dragonfly Investment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,774
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Global Az Investing and Dragonfly Invetsment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,774
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 20, 2016
Sold by
Wrightman Jack
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Jun 5, 2003
Sold by
Wrightman Jack
Bought by
Wrightman Jack
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tchan Chrystal C | -- | Westminster Title Co Inc | |
| Tchan Chrystal | $750,500 | Equity Title Co | |
| Dragonfly Investment Properties Llc | -- | None Available | |
| Global Az Investing | $491,500 | Premium Title Of Ca Inc | |
| Deutsche Bank National Trust Company | $536,609 | None Available | |
| Wrightman Jack | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tchan Chrystal C | $544,000 | |
| Previous Owner | Tchan Chrystal | $525,350 | |
| Previous Owner | Global Az Investing | $417,774 | |
| Closed | Wrightman Jack | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/28/2021 12/28/21 | Sold | $920,000 | +2.3% | $365 / Sq Ft | |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- | |
| 10/06/2021 10/06/21 | For Sale | $899,000 | +19.8% | $357 / Sq Ft | |
| 02/26/2019 02/26/19 | Sold | $750,500 | -6.1% | $313 / Sq Ft | View Prior Sale |
| 09/25/2018 09/25/18 | Pending | -- | -- | -- | |
| 07/28/2018 07/28/18 | For Sale | $799,000 | -- | $333 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,941 | $976,311 | $679,173 | $297,138 |
| 2024 | $11,941 | $957,168 | $665,856 | $291,312 |
| 2023 | $11,713 | $938,400 | $652,800 | $285,600 |
| 2022 | $11,174 | $920,000 | $640,000 | $280,000 |
| 2021 | $9,515 | $772,924 | $504,977 | $267,947 |
| 2020 | $9,609 | $765,000 | $499,800 | $265,200 |
| 2019 | $6,426 | $510,836 | $365,180 | $145,656 |
| 2018 | $6,323 | $500,820 | $358,020 | $142,800 |
| 2017 | $6,892 | $550,000 | $300,000 | $250,000 |
| 2016 | $3,462 | $265,927 | $128,674 | $137,253 |
| 2015 | $3,414 | $261,934 | $126,742 | $135,192 |
| 2014 | $3,451 | $256,804 | $124,260 | $132,544 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Ma
-
Olga Wright
Buyer's Agent in 2021
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
26 in this area
97 Total Sales
-
Jennifer Purdue
Seller's Agent in 2019
Jennifer Purdue
Jennifer Purdue Property Group
(310) 721-3313
10 Total Sales
-
C
Buyer's Agent in 2019
CHRYSTAL TCHAN
CHRYSTAL TCHAN
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21221749
APN: 7451-034-020
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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