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Sold for $1,050,000
  • Listed by: Bayside • Kristofer Denton • Contact: 310-683-8253
    Bought with: First Team Real Estate
    $1,050,000

    1715 S Cabrillo Ave, San Pedro, CA 90731

    4beds
    4baths
    2,476sqft
    Quadruplex
    Built in 1921
    -- sqft lot
    $1,029,200 Zestimate®
    $424/sqft
    $3,449 Estimated rent

    Home value

    $1,029,200

    $957,000 - $1.10M

    $3,449/mo

    Zestimate® history
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    What's special

    Office spaceSeparate duplexStrong current cash flowCoin-op laundry facilityOutdoor amphitheater
    Don't miss this opportunity to bolster your investment portfolio with a prime 4-unit apartment building in this constantly growing seaside town. This property features two free-standing bungalows and separate duplex, currently bringing in close to a 5% cap rate in San Pedro's thriving real estate market. Strong current cash flow, an excellent appreciation potential, and value-add opportunities make this property a winning addition to your portfolio. Unlimited investor potential... add coin-op laundry facility, possible ADU for additional revenue, & rental increases over time. No lapses in rent payment throughout Covid. Public transportation nearby. Total current rents of $5,947 monthly. Each unit has its own gas & electric meter. Owner currently pays water & gardener. Just a few minute stroll from the Ports O’ Call Village Waterfront! The second phase of this Multi-Million dollar LA Waterfront revitalization project now under way. This will bring 42 acres of new restaurants, shopping, outdoor amphitheater, office space, entertainment and dog parks... perfect for future increased rental demand and value add. 2 - 2 bedroom, 1 bath units 1 - Studio, 1 bath freestanding bungalow 1 - Studio, 1 bath freestanding bungalow Buyer to satisfy their own investigations for all current revitalization projects, details of LA City regulations, and RSO.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristofer Denton DRE #01956052 310-683-8253,

    Bayside,

    Stephanie Denton DRE #01956051 310-683-8227,

    Bayside

    Bought with:

    Shaun Hurley, DRE #00870450

    First Team Real Estate

    Source: CRMLS,MLS#: SB23186883MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Rooms
    • Room types: Bedroom, Kitchen, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Gas Oven, Gas Range, Refrigerator, Tankless Water Heater
    • Laundry: None
    Features
    • Bedroom on Main Level, Main Level Primary
    • Flooring: Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,476
    • Total interior livable area: 2,476 sqft

    Property

    Parking
    • Parking features: None, On Street
    Features
    • Entry location: Ground Floor
    • Pool features: None
    • Spa features: None
    • Fencing: New Condition,Vinyl
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 4,502 Square Feet
    • Features: Street Level, Zero Lot Line
    Details
    • Parcel number: 7462003030
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: San Pedro

    Financial & listing details

    • Price per square foot: $424/sqft
    • Tax assessed value: $1,071,000
    • Annual tax amount: $13,147
    • Date on market: 10/9/2023
    • Cumulative days on market: 28 days
    • Listing terms: Cash,Conventional
    • Exclusions: Tenant Furniture & Accessories
    • Total actual rent: 71364
    • Tenant pays: Cable TV, Electricity, Gas, Trash Collection

    Price history

    DateEventPrice
    12/14/2023Sold$1,050,000-4.5%$424/sqft
    Source: CRMLS #SB23186883 Report a problem
    11/7/2023Pending sale$1,099,000$444/sqft
    Source: CRMLS #SB23186883 Report a problem
    10/9/2023Listed for sale$1,099,000+279%$444/sqft
    Source: CRMLS #SB23186883 Report a problem
    6/26/2019Listing removed$1,325$1/sqft
    Source: Starline Real Estate Report a problem
    6/5/2019Listed for rent$1,325$1/sqft
    Source: Starline Real Estate Report a problem
    3/23/2017Listing removed$1,325$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/16/2017Listed for rent$1,325+8.2%$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/27/2015Listing removed$1,225
    Source: STARLINE PRORERTIES Report a problem
    6/21/2015Listed for rent$1,225
    Source: STARLINE PRORERTIES Report a problem
    11/28/2014Listing removed$1,225
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    11/26/2014Listed for rent$1,225+2.5%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    6/17/2014Listing removed$1,195
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    6/9/2014Price change$1,195-0.4%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    6/1/2014Price change$1,200-7.7%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    5/23/2014Price change$1,300-1.9%$1/sqft
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    5/5/2014Price change$1,325-3.6%$1/sqft
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    4/26/2014Price change$1,375+10%$1/sqft
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    2/26/2014Price change$1,250+4.2%$1/sqft
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    1/30/2014Sold$290,000$117/sqft
    Source: Public Record Report a problem
    12/3/2013Price change$1,200+4.3%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    11/11/2013Price change$1,150-4.2%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    10/5/2013Listed for rent$1,200+9.1%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    3/15/2013Listing removed$1,100
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    3/11/2013Listed for rent$1,100+10%
    Source: STARLINE PROPERTY MANAGEMENT Report a problem
    5/10/2011Listing removed$1,000
    Source: ASSET PROPERTY MANAGEMENT Report a problem
    4/11/2011Price change$1,000+8.1%
    Source: ASSET PROPERTY MANAGEMENT Report a problem
    3/7/2011Listed for rent$925
    Source: ASSET PROPERTY MANAGEMENT Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,147 +1.3%$1,071,000 +2%
    2024$12,975 +125.7%$1,050,000 +134.5%
    2023$5,748 +4.8%$447,729 +2%
    2022$5,487 +1.4%$438,951 +2%
    2021$5,410 -0.9%$430,346 +1%
    2020$5,460 $425,934 +2%
    2019$5,460 +5.4%$417,583 +2%
    2018$5,180 $409,396 +2%
    2017$5,180 +2.2%$401,370 +2%
    2016$5,068 +2.8%$393,501 +1.5%
    2015$4,932 +8.9%$387,592 +11%
    2014$4,528 $349,264 +579%
    2011-- $51,435 +0.5%
    2009-- $51,174 +2%
    2008-- $50,171 +4%
    2005-- $48,225 +6%
    2003-- $45,505 +2%
    2002-- $44,614 +4%
    2000-- $42,884
    Find assessor info on the county website

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,029,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,029,200