NOT LISTED FOR SALE

903 S Averill Ave San Pedro, CA 90732

Estimated Value: $1,055,000 - $1,489,000

6 Beds
4 Baths
2,433 Sq Ft
$521/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $865,000 $356 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,669/month

31 Days on Market

Highlights

  • View of Hills
  • Mediterranean Architecture
  • Balcony
  • Wood Flooring
  • Corner Lot
  • Bathtub with Shower

About This Home

As of December 2018

Great investment opportunity in an even better location. Delightful fourplex divided up among two buildings, one playing host to three units, and the other a lovely house. Located non the corner of 9th and S. Averill Ave. in San Pedro, this property is situated within an excellent neighborhood, and is in a supreme location. The larger building consists of three units, two 2 bedroom 1 bathroom units, and a studio. Additionally, the charming house features 2 bedrooms and 1 bathroom. All units are separately metered for gas and electric. Please note, all units are currently occupied, so PLEASE DO NOT disturb the tenants. This opportunity is not one to be missed; therefore, please contact the listing agent with any further questions.

Last Agent to Sell the Property

Ben Lawson

Thrive Real Estate License #02060979 Listed on: 10/26/2018

Last Buyer's Agent

Ben Lawson

Thrive Real Estate License #02060979 Listed on: 10/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,032

Year Built

  • Built in 1937

Lot Details

  • 5,945 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Quadruplex
  • Mediterranean Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,433 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Entryway
  • Living Room
  • Dining Area
  • Views of Hills
  • Security Lights

Kitchen

  • Oven or Range
  • Gas and Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Studio bedroom
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7459-004-024

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,032

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2433
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Wood Burning
  • Flooring: Carpet, Hardwood, Vinyl
  • Appliances: Gas/Electric Range
  • Bedrooms: 6
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 369.91
  • Windows: Drapes/Curtains

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • Roof: Clay, Composition, Shingle
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway, Garage
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Security: Exterior Security Lights
  • Water: District

Lot Info

  • Assessed Improvement Value: 166959
  • Assessed Land Value: 152576
  • Assessor Parcel Number: 7459-004-024
  • Geocode Override: No
  • Lot Description: Fenced
  • Lot Location: Corner Lot
  • Lot Size Area: 5945

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 18000
  • Type Of Units: Quadruplex
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Nov 15, 2018
Sold by
Hanson Shawn Elise and Lovell Family Trust
Bought by
Giannola Filippo
Seller's Agent
Ben Lawson
Thrive Real Estate
Buyer's Agent
Ben Lawson
Thrive Real Estate
List Price
$900,000
Sold Price
$865,000
Premium/Discount to List
-$35,000
-3.89%
Current Estimated Value
$1,267,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,211
Avg. Annual Appreciation
5.73%
Source: Public Records

Range of Values:

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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
Giannola Filippo $865,000 First American Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $865,000 -3.9% $356 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $900,000 -- $370 / Sq Ft
Source: The MLS

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 $12,032 $976,072 $605,723 $370,349
2024 $12,032 $956,935 $593,847 $363,088
2023 $11,804 $938,172 $582,203 $355,969
2022 $11,264 $919,778 $570,788 $348,990
2021 $11,116 $901,745 $559,597 $342,148
2020 $11,225 $892,500 $553,860 $338,640
2019 $10,789 $875,000 $543,000 $332,000
2018 $4,331 $325,925 $155,627 $170,298
2016 $4,113 $313,271 $149,585 $163,686
2015 $4,057 $308,567 $147,339 $161,228
2014 $4,096 $302,523 $144,453 $158,070
Source: Public Records

Agents Affiliated with this Home

  • Ben Lawson

    Seller's Agent in 2018

    Ben Lawson

    Thrive Real Estate

    (619) 309-7875

    30 Total Sales

    Ben Lawson
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Map

Source: The MLS

MLS Number: 18-402350

The MLS

APN: 7459-004-024

California Los Angeles County San Pedro 90732

903 S Averill Ave, San Pedro, CA

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