Seller's Agent in 2019
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
25 in this area
95 Total Sales
909 S Palos Verdes St San Pedro, CA 90731
Estimated Value: $1,343,533 - $1,366,000
8
Beds
5
Baths
4,060
Sq Ft
$334/Sq Ft
Est. Value
Highlights
- Harbor Views
- No HOA
- Rectangular Lot
- Craftsman Architecture
- Bike Trail
- 5-minute walk to Anderson Memorial Playground
About This Home
As of July 2019The subject property “Vinegar House” is a turn of the century architectural gem that was built in 1917. The units are laid out between three buildings (front, side and rear) and there is a separate single car garage in back with alley access. The current owner has taken great care and expense to do a fairly extensive restoration. Unit interiors have been upgraded while maintaining the historical character of the building. Two of the units (unit 911.5A- Single, 911A - 2 bedroom) are currently vacant and ready to rent. Three-bedroom unit #911-B will be vacant prior close of escrow. The property is attractively priced at 11 times gross and with a CAP rate over 6% once the vacant units are rented at market rent rates.
LOCATION: The property is located in the Vinegar Hill neighborhood of San Pedro that boasts some of the oldest and most historic properties in San Pedro. It is just one block from the green belt that runs along Beacon Street and overlooks the Port of Los Angeles and the new multi-million dollar Ports of Call Development. The property immediately in front of Vinegar House was recently purchased and received approval from the City Planning Department for 100 new apartment units and a ground floor restaurant. The area is going through a major transformation from both public and private investment, providing an excellent long term investment opportunity.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 04/22/2019
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #01315042 Listed on: 04/22/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,658
Year Built
- Built in 1917
Lot Details
- 5,000 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Rectangular Lot
- Front Yard
Parking
- 1 Car Garage
Property Views
- Harbor
- Peek-A-Boo
Home Design
- Craftsman Architecture
- Property Attached
- Mixed Roof Materials
- Wood Siding
Interior Spaces
- 4,060 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- Wall Furnace
- Private Water Source
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 12
- Tax Tract Number 56
- Assessor Parcel Number 7455024011
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 5 Units
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,000
- Insurance Expense $2,100
- Maintenance Expense $3,250
- Other Expense $1,250
- Trash Expense $2,520
- Water Sewer Expense $2,800
- New Taxes Expense $11,918
- Operating Expense $24,838
- Gross Income $90,480
- Net Operating Income $62,928
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2019
Closed on
Jul 2, 2019
Sold by
Schloss Jamie
Bought by
Leal Collier Neal Howard and Leal Collier Tracy
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,767
Avg. Annual Appreciation
5.08%
Original Mortgage
$742,500
Interest Rate
3.82%
Purchase Details
Listed on
Dec 3, 2014
Closed on
Mar 9, 2015
Sold by
Campbell Christina S
Bought by
Campbell Michael Ryan
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$325,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Dec 3, 2014
Closed on
Mar 6, 2015
Sold by
Schloss Cara
Bought by
Schloss Jamie Robert
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Dec 3, 2014
Closed on
Mar 2, 2015
Sold by
Aquino George S
Bought by
Aquino Marsha Campbell
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Dec 3, 2014
Closed on
Feb 25, 2015
Sold by
Campbell Gregory and Campbell Family Trust
Bought by
Schloss Jamie
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Dec 3, 2014
Closed on
Feb 19, 2015
Sold by
Carnpbell Aquino George S and Carnpbell Aquino Marsha
Bought by
Aquino Marsha Campbell
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.61%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 26, 2002
Sold by
Campbell Lina I
Bought by
Campbell Lina I and Campbell Family Trust
Purchase Details
Closed on
Jul 22, 2002
Sold by
Campbell Campbell Marsha Marsha and Campbell Aquino Marsha
Bought by
Campbell Aquino George S and Campbell Aquino Marsha
Purchase Details
Closed on
Feb 29, 2000
Sold by
Campbell Lina I
Bought by
Campbell Lina I and The Campbell Family Trust
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 |
|---|---|---|---|
| Leal Collier Neal Howard | $990,000 | First American Title | |
| Campbell Michael Ryan | -- | Orange Coast Title Company | |
| Schloss Jamie Robert | -- | Orange Coast Title Company | |
| Aquino Marsha Campbell | -- | None Available | |
| Schloss Jamie | $730,000 | Orange Coast Title Company | |
| Aquino Marsha Campbell | -- | Orange Coast Title Company | |
| Campbell Lina I | -- | -- | |
| Campbell Michael Ryan | -- | -- | |
| Campbell Lina I | -- | -- | |
| Campbell Aquino George S | -- | -- | |
| Campbell Lina I | -- | -- | |
| Campbell Campbell Lina I Lina I | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Collier Neal Howard | $750,000 | |
| Closed | Collier Neal Howard | $750,000 | |
| Closed | Leal Collier Neal Howard | $742,500 | |
| Previous Owner | Schloss Jamie R | $225,000 | |
| Previous Owner | Schloss Jamie | $325,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2019 07/18/19 | Sold | $990,000 | -0.9% | $244 / Sq Ft |
| 06/20/2019 06/20/19 | Pending | -- | -- | -- |
| 06/12/2019 06/12/19 | Price Changed | $999,000 | -4.9% | $246 / Sq Ft |
| 05/09/2019 05/09/19 | Price Changed | $1,050,000 | -4.5% | $259 / Sq Ft |
| 04/22/2019 04/22/19 | For Sale | $1,100,000 | +50.7% | $271 / Sq Ft |
| 03/12/2015 03/12/15 | Sold | $730,000 | -5.8% | $180 / Sq Ft |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- |
| 12/02/2014 12/02/14 | For Sale | $775,000 | -- | $191 / 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 | $13,658 | $1,082,705 | $590,566 | $492,139 |
| 2024 | $13,658 | $1,061,477 | $578,987 | $482,490 |
| 2023 | $13,406 | $1,040,665 | $567,635 | $473,030 |
| 2022 | $12,806 | $1,020,260 | $556,505 | $463,755 |
| 2021 | $12,640 | $1,000,256 | $545,594 | $454,662 |
| 2020 | $12,760 | $990,280 | $540,000 | $450,280 |
| 2019 | $10,115 | $786,772 | $323,216 | $463,556 |
| 2018 | $10,033 | $771,352 | $316,879 | $454,473 |
| 2016 | $9,534 | $741,132 | $304,575 | $436,557 |
| 2015 | $9,225 | $715,074 | $342,896 | $372,178 |
| 2014 | $1,892 | $97,680 | $62,929 | $34,751 |
Source: Public Records
Agents Affiliated with this Home
-
Olga Wright
-
Stephen Lampe
Seller Co-Listing Agent in 2019
Stephen Lampe
RE/MAX
(310) 802-2500
12 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19089361
APN: 7455-024-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes
- 221 W 10th St
- 285 W 9th St
- 285 W 6th St Unit 327
- 285 W 6th St
- 362 W 11th St
- 343 W 12th St
- 1336 S Palos Verdes St
- 230 W 15th St
- 467 W 12th St
- 1412 S Mesa St
- 457 W 13th St
- 576 W 11th St
- 576 W 13th St
- 925 S Grand Ave
- 573 W 13th St
- 637 S Grand Ave Unit 4
- 620 W 8th St
- 424 W 2nd St
- 1209 S Grand Ave Unit 1211
- 601 W 13th St
- 917 S Palos Verdes St
- 929 S Palos Verdes St
- 0 S Palos Verdes St
- 931 S Palos Verdes St
- 231 W 9th St
- 224 W 10th St
- 237 W 9th St
- 902 S Palos Verdes St
- 939 S Palos Verdes St
- 230 W 10th St
- 829 S Palos Verdes St
- 245 W 9th St
- 224 W 9th St
- 238 W 10th St
- 126 W 10th St
- 230 W 9th St
- 827 S Palos Verdes St
- 921 S Beacon St Unit 405
- 921 S Beacon St Unit 414
- 921 S Beacon St Unit 312