Seller's Agent in 2023
Jonathan Weir
Marcus & Millichap
(310) 909-5500
10 in this area
71 Total Sales
We are pleased to present this one of a kind architectural masterpiece. This 7 unit multifamily compound consist of 2 standalone houses ( a 4 bedroom and 3 bedroom ) , four 1 bedroom units, and a studio. The property sits on a corner lot just over 11,500 sqft with access from the alley, Meyler St, and 10th St. The property is located in the Vista Del Oro Neighborhood in San Pedro , one of the most sought after neighborhoods and is unlike any other multifamily property listed for sale. Unlike traditional two story walk up apartment buildings, this property boast lush courtyards, private entrances for each unit, and potential room to redevelop or expand units. The property has estimated 45% upside in rents and is perfect for a new investor or seasoned investor.
Last Agent to Sell the Property
Marcus & Millichap License #02038545 Listed on: 06/06/2023
Last Buyer's Agent
Jonathan Weir
Marcus & Millichap License #02038545
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $1,830,000 | -2.4% | $330 / Sq Ft |
| 07/12/2023 07/12/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | Price Changed | $1,875,000 | -6.3% | $338 / Sq Ft |
| 06/19/2023 06/19/23 | For Sale | $2,000,000 | 0.0% | $361 / Sq Ft |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- |
| 06/06/2023 06/06/23 | For Sale | $2,000,000 | -- | $361 / Sq Ft |
| 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 | $23,229 | $1,866,600 | $1,275,000 | $591,600 |
| 2024 | $23,229 | $1,830,000 | $1,250,000 | $580,000 |
| 2023 | $6,924 | $471,024 | $212,360 | $258,664 |
| 2022 | $6,646 | $461,790 | $208,197 | $253,593 |
| 2021 | $6,543 | $452,736 | $204,115 | $248,621 |
| 2020 | $6,593 | $448,295 | $202,023 | $246,272 |
| 2019 | $6,374 | $439,510 | $198,062 | $241,448 |
| 2018 | $6,280 | $430,897 | $194,179 | $236,718 |
| 2016 | $5,930 | $413,975 | $186,640 | $227,335 |
| 2015 | $5,857 | $407,758 | $183,837 | $223,921 |
| 2014 | $5,929 | $399,771 | $180,236 | $219,535 |
Seller's Agent in 2023
Jonathan Weir
Marcus & Millichap
(310) 909-5500
10 in this area
71 Total Sales
Source: The MLS
MLS Number: 23-278077