$960,000
SOLD MAY 14, 2025

975 W 17th St San Pedro, CA 90731

7 Beds
4 Baths
3,304 Sq Ft
4,503 Sq Ft Lot

Recently Sold

$291 Per Sq Ft

4% Below List Price

32 Days on Market

Highlights

  • Laundry Room
  • San Pedro Senior High School Rated A-
  • 4 Car Garage

About This Home

As of May 2025

Attention savvy investors this fourplex is on the market for the first time! The property has been in the same family since it was built in 1959. Great location across from the High School. This is an excellent opportunity for a yield-focused investor to acquire a well-located, 4-unit asset in a great neighborhood of San Pedro. Large corner lot. The property boasts (3) 2 Bed / 1 Bath units and (1) 1 Bed / 1 Bath unit. The property consists of 3,304 SF of living space, situated on a 4,503 SF lot. There is a basement that can be converted into an ADU. Ample parking: all units have single car garages with alley access. Laundry hookups inside every unit. Long time tenants. Two units have Harbor Views.

Last Agent to Sell the Property

Scott Briscoe

Estate Properties Brokerage Email: scottbriscoe50@yahoo.com License #01753474 Listed on: 03/20/2025

Co-Listed By

John Briscoe

Estate Properties Brokerage Email: scottbriscoe50@yahoo.com License #00692202

Last Buyer's Agent

Oscar Jara

SoCal 5 Real Estate License #01229428

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,503 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,304 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Assessor Parcel Number 7462002001

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $21,328
  • Gross Income $53,883
  • Net Operating Income $32,505

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7462002001
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 290.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4503.00
  • Lot Size Acres: 0.1034
  • Latitude Manual: 33.72868500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 53883.00
  • Gross Scheduled Income: 55498.00
  • Lot Size Area: 4503.0000 Square Feet
  • Net Operating Income: 32505.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21328.00
  • Rent Control: No
  • Total Expenses: 21328.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: PGVT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Apr 22, 2025
Sold by
Robert Bacich And Mary I Bacich Living T and Bacich Mary I
Bought by
Grey Steven Lawrence
Seller's Agent
Scott Briscoe
Estate Properties
Buyer's Agent
Oscar Jara
SoCal 5 Real Estate
List Price
$1,000,000
Sold Price
$960,000
Premium/Discount to List
-$40,000
-4%
Views
69
Current Estimated Value
$968,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,452
Avg. Annual Appreciation
1.26%
Original Mortgage
$768,000
Outstanding Balance
$762,489
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$205,963

Purchase Details

Closed on
Dec 15, 2010
Sold by
Bacich Robert and Bacich Mary I
Bought by
Bacich Robert and Bacich Mary I

Purchase Details

Closed on
Nov 18, 2002
Sold by
Bacich Robert
Bought by
Bacich Robert and Bacich Mary I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $960,000 Fidelity National Title
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $768,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2025 05/14/25 Sold $960,000 -4.0% $291 / Sq Ft
03/20/2025 03/20/25 For Sale $1,000,000 -- $303 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,133 $308,667 $141,905 $166,762
2024 $4,133 $302,616 $139,123 $163,493
2023 $4,061 $296,684 $136,396 $160,288
2022 $3,885 $290,868 $133,722 $157,146
2021 $3,821 $285,165 $131,100 $154,065
2019 $3,715 $276,709 $127,212 $149,497
2018 $3,623 $271,284 $124,718 $146,566
2017 $3,548 $265,966 $122,273 $143,693
2016 $3,433 $260,752 $119,876 $140,876
2015 $3,387 $256,836 $118,076 $138,760
2014 $3,423 $251,806 $115,764 $136,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25061237

California Regional Multiple Listing Service (CRMLS)

APN: 7462-002-001