$1,099,000 Price Analysis   ♡   San Pedro, CA 90731 3 bed 3 bath 1,728 SqFt ($635/SqFt) 4,828SqFt lot. Built 1949 Listed 2024-05-01, Taxes $1,487 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Property Details
Very unique property located a short distance from the multi-million dollr West Harbor waterfront redelopment that is underway and scheduled for a Grand Opening in 2025 (per developer's promotion materials). Main residence is a beautifully remodeled 2 bedroom 1 1/2 bath home that is perfect for an owner-occupant. It features wood laminate flooring throughout, new kitchen with stainless steel appliances, upgraded bathrooms, fresh paint, indoor laundry area, built-in cabinetry and newer central heat and air conditioning system.
Next is the large 3 car garage that has been partially improved and could easily be finished to become a 1 bedroom ADU. Above the garage is a roomy and well appointed 1 bedroom 1 bath rental that is currently rented for $1410/month. This unit was built in 1991 so it is not subject to LA City Rent Control restrictions (buyer to verify with appropriate government officials). Next is the large yard that actually sits along side the main residence on the corner. This means it has access from two streets and would be the perfect space to build aa ADU and/or a junior ADU ( if allowed by city) while still keeping the 3 garages for extra rental income. Come take a look to see all the potential that this special property has to offer.
Presented by Gary Krill at
COMPASS.
Property MLS #SB24082044 from CRMLS
Flooring: Laminate
Window Features: Double Pane Windows
Appliances YN: Yes
Laundry Features: Inside
Heating Features: Central, Forced Air
Heating: Yes
Fencing: Fence YN: Yes, Fencing: Block
Marina in Community
Lot Size Acres: 0.1108356
Lot Size Dimensions: 40x120
Lot Size Source: Assessor
Lot Size Square Feet: 4828
Parking Features: Parking YN: Yes, Parking Features: Carport, Covered, Garage, Garage - Three Door
Parking Total: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 3
Maintenance Expense: 3000.00
Rent Control: Yes
County: Los Angeles
Cap Rate: 3.30
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: 185 - Plaza
Source Neighborhood: 185 - Plaza
New Taxes Expense: 13788.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 7456021033
Postal Code Plus 4: 4833
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $76,784 + $30,929 $107,713 | $1,487 |
| 2021 | $75,279 + $30,323 $105,602 | $1,459 |
| 2020 | $74,508 + $30,013 $104,521 | $1,467 |
| 2019 | $73,048 + $29,425 $102,473 | $1,418 |
| 2018 | $71,616 + $28,849 $100,465 | $1,425 |
| 2017 | $70,212 + $28,284 $98,496 | $1,312 |
| 2016 | $68,836 + $27,730 $96,566 | $1,262 |
| 2015 | $67,803 + $27,314 $95,117 | $1,244 |
| 2014 | $66,475 + $26,779 $93,254 | $1,261 |
| 2013 | $66,175 + $26,658 $92,833 | $1,260 |
| 2012 | $64,878 + $26,136 $91,014 | $1,275 |
| 2010 | $63,606 + $25,624 $89,230 | $1,257 |
| 2009 | $63,281 + $25,494 $88,775 | $1,215 |
| 2009 | $63,131 + $25,433 $88,564 | $1,215 |
| 2008 | $62,041 + $24,995 $87,036 | $1,170 |
| 2007 | $60,825 + $24,505 $85,330 | $1,124 |
$1,099,000
CRMLS
Listed 2024-05-01
$1,149,000
CRMLS
Sold 1974-10-09
$27,000
Public Record
Year Built: 1949
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 75
Property Condition: Updated/Remodeled
Roof: Composition, Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
House Style: Traditional
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.