$2,400,000
SOLD JAN 31, 2018

964 W Santa Cruz St San Pedro, CA 90731

16 Beds
10 Baths
7,736 Sq Ft
0.28 Acres

Recently Sold

$310 Per Sq Ft

26 Days on Market

Highlights

  • 12,000 Sq Ft lot
  • Rudecinda Sepulveda Dodson Middle Rated A-
  • Laundry Room

About This Home

As of January 2018

EXEMPT FROM LA CITY RENT CONTROL!! 2 WELL MAINTAINED 5 UNIT BUILDINGS ON 2 SEPARATE LOTS. ON A QUIET STREET NEAR HOLY TRINITY CATHOLIC CHURCH. NO LA CITY SEISMIC RETROFITTING REQUIRED. PRIME LOCATION. PRICED FOR IMMEDIATE SALE. GREAT UPLEG PROPERTY FOR 1031 EXCHANGE.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 09/13/2017

Last Buyer's Agent

Steven Watts

Vista Sotheby's International Realty License #00966894

Vista Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • 7,736 Sq Ft Home

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7447010018

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 9 Leased Units
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $935
  • Fuel Expense $1,800
  • Gardener Expense $810
  • Insurance Expense $2,243
  • Maintenance Expense $333
  • Pest Control $960
  • Trash Expense $984
  • Water Sewer Expense $6,000
  • New Taxes Expense $29,987
  • Operating Expense $44,052
  • Gross Income $175,500
  • Net Operating Income $131,388

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Gardener Expense: 810.00
  • Parcel Number: 7447010018
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 310.24

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 960.00
  • Sewer: Public Sewer
  • Trash Expense: 984.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 12000.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 935.00
  • Fuel Expense: 1800.00
  • Gross Income: 175500.00
  • Gross Scheduled Income: 175440.00
  • Insurance Expense: 2243.00
  • Maintenance Expense: 333.00
  • Net Operating Income: 131388.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 9
  • Number Of Units Total: 10
  • Operating Expense: 44052.00
  • Rent Control: No
  • Total Actual Rent: 14620.00
  • Total Expenses: 44052.00

Tax Info

  • New Taxes Expense: 29987.00
  • Tax Census Tract: 2965.00
  • Tax Lot: 9999
  • Tax Tract Number: 9999

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2018 02/05/18 Rented $1,650 0.0% --
01/31/2018 01/31/18 Sold $2,400,000 0.0% $310 / Sq Ft
01/31/2018 01/31/18 For Rent $1,650 0.0% --
09/13/2017 09/13/17 For Sale $2,399,000 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steven Watts

    Seller's Agent in 2018

    Steven Watts

    Vista Sotheby's International Realty

    (310) 874-8775

    2 in this area

    79 Total Sales

    Steven Watts
    Section Image
  • Fred DiBernardo

    Seller's Agent in 2018

    Fred DiBernardo

    Fred DiBernardo

    (310) 832-4572

    90 in this area

    143 Total Sales

    Fred DiBernardo
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17211676

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County San Pedro 90731

964 W Santa Cruz St, San Pedro, CA

This home is located at 964 W Santa Cruz St, San Pedro, CA 90731 and is currently priced at $2,400,000, approximately $310 per square foot. This property was built in 1978. 964 W Santa Cruz St is a home located in Los Angeles County with nearby schools including Bandini Street Elementary School, Rudecinda Sepulveda Dodson Middle, and San Pedro Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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