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Sold for $960,000
  • Listed by: Compass-Pasadena • MAY KUNKA • Contact: 626-202-6030
    Bought with: eXp Realty of California Inc
    $960,000

    629 N Cabrillo Ave, San Pedro, CA 90731

    5beds
    4baths
    2,576sqft
    Triplex
    Built in 1935
    -- sqft lot
    $1,055,800 Zestimate®
    $373/sqft
    $2,202 Estimated rent

    Home value

    $1,055,800

    $971,000 - $1.15M

    $2,202/mo

    Zestimate® history
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    What's special

    Special Triplex with Rent Control Exempt back Duplex!! Front single unit falls under rent control however it will be delivered VACANT! Discover a lucrative income-producing multiplex in the highly desirable Holy Trinity area of San Pedro. This updated and well-maintained investment includes a front unit featuring a spacious open layout with 2 bedrooms, 1 bath, and convenient in-unit laundry facilities. The unit opens up to a private, expansive front yard, perfect for entertainment and relaxation. The back section houses two additional units: the second unit offers 2 bedrooms and 2 baths, complete with a balcony that boasts panoramic views of the Vincent Thomas Bridge and Long Beach Harbor. The third unit is a well-updated 1 bedroom, 1 bath residence with an open floor plan, including a spacious kitchen, a large, private backyard ideal for family gatherings, shared laundry room. All units are in fair condition. The back building has a roof that was replaced in early 2024, ensuring low maintenance for the new owner. A long and spacious driveway provides ample parking for over five vehicles, supplemented by easy-to-find street parking. Positioned directly across from Leland Park, and minutes away from downtown LA, Rancho Palos Verdes, and Long Beach, this property ensures a combination of comfort, convenience, and strong rental appeal. Enjoy easy access to major freeways, including the 110, 405, 710, and 91, along with proximity to San Pedro's historic downtown area. The local scene includes vibrant restaurants, a weekly farmers market, scenic walking trails, and engaging art galleries. Experience all that San Pedro has to offer in this outstanding investment property.

    Zillow last checked:

    Listing updated:

    Listed by:

    MAY KUNKA DRE #01782069 626-202-6030,

    Compass-Pasadena

    Bought with:

    Mark Tawfik, DRE #02163547

    eXp Realty of California Inc

    Source: CRMLS,MLS#: WS24072258MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area, Laundry Closet
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,576
    • Total interior livable area: 2,576 sqft

    Property

    Parking
    • Total spaces: 7
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,347 Square Feet
    • Features: Front Yard
    Details
    • Parcel number: 7447016013
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: San Pedro

    Financial & listing details

    • Price per square foot: $373/sqft
    • Tax assessed value: $979,200
    • Annual tax amount: $12,061
    • Date on market: 4/11/2024
    • Cumulative days on market: 15 days
    • Listing terms: Submit
    • Total actual rent: 3200

    Price history

    DateEventPrice
    9/13/2024Listing removed$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    7/23/2024Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    6/18/2024Sold$960,000$373/sqft
    Source: CRMLS #WS24072258 Report a problem
    5/10/2024Contingent$960,000$373/sqft
    Source: CRMLS #WS24072258 Report a problem
    4/24/2024Price change$960,000-4%$373/sqft
    Source: CRMLS #WS24072258 Report a problem
    4/11/2024Listed for sale$1,000,000+39.9%$388/sqft
    Source: CRMLS #WS24072258 Report a problem
    10/5/2017Sold$715,000$278/sqft
    Source: Public Record Report a problem
    9/14/2017Pending sale$715,000$278/sqft
    Source: Keller Williams Pacific Estates #RS17199631 Report a problem
    8/30/2017Listed for sale$715,000+4.2%$278/sqft
    Source: Cerritos #RS17199631 Report a problem
    3/17/2006Sold$686,000$266/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,061 +22.1%$979,200 +22.8%
    2024$9,878 +2%$797,592 +2%
    2023$9,688 +4.9%$781,954 +2%
    2022$9,239 +1.3%$766,623 +2%
    2021$9,117 -1%$751,592 +1%
    2020$9,206 $743,886 +2%
    2019$9,206 +5.3%$729,300 +2%
    2018$8,743 $715,000 +10%
    2017$8,743 +8.9%$650,000 -17.2%
    2016$8,026 -16.3%$785,000 +21.7%
    2015$9,589 +63.6%$645,000 +40.2%
    2014$5,861 $460,000 -6.5%
    2012-- $492,000
    2011-- $492,000
    2010-- $492,000 -32.4%
    2009-- $727,988 +2%
    2008-- $713,714 +2%
    2007-- $699,720 +106.3%
    2006-- $339,200
    2005-- $339,200 +4%
    2004-- $326,030 +3.9%
    2002-- $313,780 +4%
    2000-- $301,597
    Find assessor info on the county website

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,055,800
    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
    $1,055,800