NOT LISTED FOR SALE

848 W 11th St San Pedro, CA 90731

Estimated Value: $988,000 - $1,163,000

6 Beds
3 Baths
2,550 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $850,000 $333 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,549/month

105 Days on Market

Highlights

  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Home Security System
  • Landscaped

About This Home

As of May 2020

HUGE PRICE REDUCTION!!!!Tremendous opportunity to own a duplex that can provide a minimum of $5000 per month cash flow. Front home is a 3 bedroom 1 bath 1,005 sq ft home with a very nicely renovated cellar that can easily be an office or used as a 4th bedroom. The home also features indoor laundry, a 1 car garage and an ADT Alarm system complete with cameras. The rear home is a 3 bedroom 2 bathroom and offers a very spacious 1,550 sq ft (home was expanded with permits). The rear unit also has a 1 car garage with direct access, indoor laundry and Central AC and Heat!!!! ATTENTION: Both units have been equipped with freshly installed solar panels which will allow the rents to be increased within rent control guidelines as tenants will have a greatly reduced electricity bill. New owner must factor this in when calculating rent amount. Front unit to be delivered vacant, rear unit lease is a month-to-month. This property is turnkey and ready to go. ATTENTION: There is separate electric panels, however the Solar Power system will provide power to both homes significantly reducing the tenant's electricity costs and allowing the rent to be increased within the 12 month period. PROPERTY IS ZONED R3. HUGE PRICE REDUCTION, SELLER IS MOTIVATED!!

Last Agent to Sell the Property

Michael Schiotis

CENTURY 21 ALLSTARS License #01945651 Listed on: 01/21/2020

CENTURY 21 ALLSTARS

Co-Listed By

Laura Reyes

CENTURY 21 ALLSTARS License #00887739

Last Buyer's Agent

Michael Schiotis

CENTURY 21 ALLSTARS License #01945651 Listed on: 01/21/2020

CENTURY 21 ALLSTARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,231

Year Built

  • Built in 1953

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • 2,550 Sq Ft Home
  • Duplex
  • Turnkey
  • Composition Roof
  • Plaster
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 17 / 32
  • Tax Tract Number 2969
  • Assessor Parcel Number 7454015014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100
  • Gross Income $57,000
  • Net Operating Income $44,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,231

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Solar Panels, ADT alarm with cameras.
  • Property Attached: No
  • Security: Security System
  • Zoning: LARD2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7454015014
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 333.33

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Block, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Closet, In Kitchen, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Level with Street
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 57000.00
  • Gross Operating Income: 47900.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4800.0000 Square Feet
  • Net Operating Income: 44900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 15100.00
  • Rent Control: Yes
  • Vacancy Allowance: 12100

Tax Info

  • Tax Block: 32
  • Tax Census Tract: 2969.02
  • Tax Lot: 17
  • Tax Tract Number: 2969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Lindahl Carl Anthony and Lindahl Cory Anthony
Bought by
Lindahl Carl Anthony and Lindahl Cory Anthony
Current Estimated Value
$1,058,615

Purchase Details

Listed on
Jan 21, 2020
Closed on
May 8, 2020
Sold by
Mitchell Anthony
Bought by
Lindahi Carl Anthony and Lindahi Cory Anthony
Seller's Agent
Michael Schiotis
CENTURY 21 ALLSTARS
Buyer's Agent
Michael Schiotis
CENTURY 21 ALLSTARS
List Price
$898,000
Sold Price
$850,000
Premium/Discount to List
-$48,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$778,387
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 30, 2019
Sold by
Kuljis Kim
Bought by
Mitchell Anthony
Seller's Agent
Mark Tournat
Keller Williams Palos Verdes
Buyer's Agent
Michael Schiotis
CENTURY 21 ALLSTARS
List Price
$749,000
Sold Price
$760,000
Premium/Discount to List
$11,000
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.07%
Original Mortgage
$746,234
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2012
Closed on
Oct 2, 2012
Sold by
Mcclung David V and Mcclung Rachael R
Bought by
Kuljis Kim
Seller's Agent
Shona Russo
Compass
Buyer's Agent
Shona Russo
Compass
List Price
$498,000
Sold Price
$500,000
Premium/Discount to List
$2,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$330,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Mcclung David V
Bought by
Mcclung David V and Mcclung Rachael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.89%

Purchase Details

Closed on
Nov 29, 2001
Sold by
Mcclung Rachael
Bought by
Mcclung David V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.67%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Felando Will J and Felando Mary Ann
Bought by
Mcclung David V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lindahl Carl Anthony -- --
Lindahi Carl Anthony $850,000 Fidelity National Title Co
Mitchell Anthony $760,000 Ticor Title Insurance Co
Mitchell Anthony -- Ticor Title Insurance Co
Kuljis Kim $500,000 Old Republic Title Company
Mcclung David V -- First American Title Co
Mcclung David V -- --
Mcclung David V $350,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindahi Carl Anthony $778,387
Previous Owner Mitchell Anthony $746,234
Previous Owner Kuljis Kim $330,000
Previous Owner Mcclung David V $280,000
Previous Owner Mcclung David V $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2020 05/14/20 Sold $850,000 -1.7% $333 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/27/2020 03/27/20 Price Changed $865,000 -3.7% $339 / Sq Ft
03/19/2020 03/19/20 Price Changed $898,000 0.0% $352 / Sq Ft
03/19/2020 03/19/20 For Sale $898,000 +5.6% $352 / Sq Ft
02/16/2020 02/16/20 Off Market $850,000 -- --
01/21/2020 01/21/20 For Sale $855,000 +12.5% $335 / Sq Ft
08/28/2019 08/28/19 Sold $760,000 +1.5% $361 / Sq Ft View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $749,000 +49.8% $356 / Sq Ft
11/12/2012 11/12/12 Sold $500,000 +0.4% $179 / Sq Ft View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $498,000 -- $178 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $11,231 $929,594 $656,186 $273,408
2024 $11,231 $911,368 $643,320 $268,048
2023 $11,014 $893,499 $630,706 $262,793
2022 $10,500 $875,981 $618,340 $257,641
2021 $10,367 $858,806 $606,216 $252,590
2020 $9,392 $760,000 $450,000 $310,000
2019 $6,752 $551,947 $386,364 $165,583
2018 $6,675 $541,126 $378,789 $162,337
2016 $6,367 $520,115 $364,081 $156,034
2015 $6,275 $512,304 $358,613 $153,691
2014 $6,304 $502,270 $351,589 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20014248

California Regional Multiple Listing Service (CRMLS)

APN: 7454-015-014