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Sold for $1,550,000
  • Listed by: LOU EDWARDS FINANCIAL INC. • LOU WU • Contact: 949-870-2882
    Bought with: Sireci Group Inc.
    Tax assessed value
    $1,550,000

    424 W 2nd St, San Pedro, CA 90731

    9beds
    6baths
    4,923sqft
    Duplex
    Built in 2017
    -- sqft lot
    $1,526,900 Zestimate®
    $315/sqft
    $2,953 Estimated rent

    Home value

    $1,526,900

    $1.42M - $1.65M

    $2,953/mo

    Zestimate® history
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    What's special

    BUILT IN 2017, THIS TURNKEY DUPLEX IS NOT SUBJECT TO RENT CONTROL!! A MASSIVE DUPLEX FEATURING TWO UNITS - ONE WITH 5 BEDROOMS, 3 BATHS AND THE OTHER WITH 4 BEDROOMS, 3 BATHS WITH 6 (SIX!) TOTAL PARKING SPACES. IN THE UP AND COMING NEIGHBORHOOD OF SAN PEDRO, STEPS AWAY FROM THE WEST HARBOR DEVELOPMENT (WWW.WESTHARBORLA.COM), A 42 ACRE WATERFRONT DISTRICT WITH AN OUTDOOR AMPHITHEATER AND UPSCALE SHOPPING, DINING, AND HOTELS. THIS PROPERTY HAS SCENIC VIEWS OF THE OCEAN. BRING ALL BUYERS AND INVESTORS! ONE UNIT IS CURRENTLY RENTED; YOU WILL GET INSTANT INCOME PRODUCING CASH FLOW. YOU CAN LIVE OR RENT OUT THE OTHER! RENT SCHEDULE FROM APPRAISER SHOWS 10,925 IN PRO FORMA RENT. EXPENSES ARE ESTIMATED.

    Zillow last checked:

    Listing updated:

    Listed by:

    LOU WU DRE #02154371 949-870-2882,

    LOU EDWARDS FINANCIAL INC.

    Bought with:

    Roger Wazny, DRE #01881605

    Sireci Group Inc.

    Source: CRMLS,MLS#: WS24050400MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Rooms
    • Room types: Bathroom, Bonus Room, Entry/Foyer, Family Room, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Entrance Foyer, Jack and Jill Bath, Primary Suite, Walk-In Closet(s)
    • Flooring: Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,923
    • Total interior livable area: 4,923 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Garage, Paved, Garage Faces Rear
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2nd street stairs
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Coastline, Harbor, Neighborhood, Ocean, Water
    • Has water view: Yes
    • Water view: Coastline,Harbor,Ocean,Water
    Lot
    • Size: 5,001 Square Feet
    • Features: Garden
    Details
    • Parcel number: 7449024016
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Patio Home
    • Property subtype: Duplex
    Materials
    • Roof: Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Fishing, Street Lights, Suburban, Sidewalks, Urban, Water Sports
    Location
    • Region: San Pedro

    Financial & listing details

    • Price per square foot: $315/sqft
    • Tax assessed value: $1,550,000
    • Annual tax amount: $19,108
    • Date on market: 6/10/2024
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Submit
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    11/7/2024Listing removed$4,800$1/sqft
    Source: CRMLS #PW24156519 Report a problem
    8/27/2024Price change$4,800-4%$1/sqft
    Source: CRMLS #PW24156519 Report a problem
    8/14/2024Price change$5,000-9.1%$1/sqft
    Source: CRMLS #PW24156519 Report a problem
    8/1/2024Listed for rent$5,500+10%$1/sqft
    Source: CRMLS #PW24156519 Report a problem
    7/25/2024Sold$1,550,000-3.1%$315/sqft
    Source: CRMLS #WS24050400 Report a problem
    7/17/2024Pending sale$1,600,000$325/sqft
    Source: CRMLS #WS24050400 Report a problem
    6/23/2024Contingent$1,600,000$325/sqft
    Source: CRMLS #WS24050400 Report a problem
    6/10/2024Listed for sale$1,600,000+42.9%$325/sqft
    Source: CRMLS #WS24050400 Report a problem
    6/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2023Listed for rent$5,000+42.9%$1/sqft
    Source: Zillow Rentals Report a problem
    5/9/2023Sold$1,120,000+12%$228/sqft
    Source: Public Record Report a problem
    4/11/2023Pending sale$999,900$203/sqft
    Source: CRMLS #PW23051663 Report a problem
    4/1/2023Listed for sale$999,900+5.3%$203/sqft
    Source: CRMLS #PW23051663 Report a problem
    3/19/2018Sold$950,000+429.2%$193/sqft
    Source: Public Record Report a problem
    12/22/2017Listing removed$3,500-10.3%$1/sqft
    Source: Peak Real Estate Management Inc. Report a problem
    12/16/2017Listed for rent$3,900$1/sqft
    Source: Peak Real Estate Management Inc. Report a problem
    2/2/2017Listing removed$179,500-5.5%$36/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    5/18/2016Sold$190,000+5.8%$39/sqft
    Source: Public Record Report a problem
    5/5/2016Pending sale$179,500$36/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    4/27/2016Price change$179,500-9.1%$36/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    4/16/2016Price change$197,499-3.6%$40/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    3/29/2016Price change$204,900-6.8%$42/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    3/17/2016Price change$219,900-8.3%$45/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    2/25/2016Listed for sale$239,900-4%$49/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    12/1/2015Listing removed$249,900$51/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    11/14/2015Price change$249,900-12.3%$51/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    10/30/2015Listed for sale$285,000+185%$58/sqft
    Source: KAMAU M. COLEMAN #15954937 Report a problem
    1/6/2014Sold$100,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,108 +34.3%$1,550,000 +35.7%
    2024$14,226 +9.6%$1,142,400 +10%
    2023$12,982 +4.8%$1,038,962 +2%
    2022$12,382 +1.4%$1,018,591 +2%
    2021$12,209 -1%$998,619 +1%
    2020$12,328 $988,380 +2%
    2019$12,328 +396.8%$969,000 +390.2%
    2018$2,482 $197,676 +2%
    2017$2,482 +2.3%$193,800 +38.6%
    2016$2,426 +36.3%$139,796 +1.5%
    2015$1,780 +308.7%$137,697 +422.3%
    2014$435 $26,366 +2.5%
    2012-- $25,733 +2%
    2011-- $25,229 +0.8%
    2010-- $25,041 -0.2%
    2009-- $25,101 +2%
    2008-- $24,609 +2%
    2007-- $24,127 +2%
    2006-- $23,654
    2005-- $23,654 +4%
    2004-- $22,737 +1.9%
    2003-- $22,321 +2%
    2002-- $21,884 +4%
    2000-- $21,035
    Find assessor info on the county website

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,526,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,526,900