Rarely does a Multi Family Income Property become available in the coveted Vista Del Oro neighborhood of San Pedro with so much upside potential. Situated on a large corner lot (6754 sqft) with an inviting front lawn, this investment property includes three 2 Bedroom/1 Bathroom apartments and a detached 3 Bedroom/1 Bathroom Main House. Bring your contractor to update the Spanish Style house and have the Opportunity for an owner Live-In or rent it out and essentially double your income. ** The house measures 1460 sqft of interior living space, plus there's a roomy basement for additional storage. All units are individually metered for gas and electricity, and they each have their own laundry hookups and a single car garage space. San Pedro is experiencing a renaissance with the Multi-Million dollar Waterfront project "West Harbor", featuring 42 acres of outdoor space for restaurants, retail, fresh markets, office space, waterside activities and a proposed open-air amphitheater for live entertainment. With easy access to the 110 freeway and all parts of Los Angeles, the time is NOW to invest in the hidden coastal destination of San Pedro!
Sold for $1,120,000
Listed by: Henry Falkenstein & Assoc • Angela Conterno • Contact: 310-519-7733
Bought with: Century 21 A Better Service
$1,120,000
740 S Leland St, San Pedro, CA 90731
9beds
4baths
4,078sqft
Quadruplex
Built in 1923
-- sqft lot
$1,316,900 Zestimate®
$275/sqft
$2,868 Estimated rent
Home value
$1,316,900
$1.16M - $1.49M
$2,868/mo
Zestimate® history
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$7,147/mo
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List your homeWhat's special
Spanish style houseOpen-air amphitheaterOffice spaceLiving spaceWaterside activitiesFresh marketsLaundry hookups
Zillow last checked:
Listing updated:
Listed by:
Angela Conterno DRE #01134361 310-529-7338,
Henry Falkenstein & Assoc,
Paul Falkenstein DRE #01971193 310-519-7733,
Henry Falkenstein & Assoc
Bought with:
Irma Velasquez, DRE #01495972
Century 21 A Better Service
Source: CRMLS,MLS#: SB24026290
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,078
- Total interior livable area: 4,078 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1st
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,756 Square Feet
- Features: 0-1 Unit/Acre, Corner Lot
Details
- Parcel number: 7458002001
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish,Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Fixer
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Fishing, Gutter(s), Hiking, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $1,142,400
- Annual tax amount: $14,256
- Date on market: 2/7/2024
- Cumulative days on market: 16 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Exclusions: Tenant personal property
- Total actual rent: 3181
- Tenant pays: Cable TV, Electricity, Gas, Trash Collection, Telephone
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2024 | Sold | $1,120,000-6.3%$275/sqft |
Source:  CRMLS #SB24026290 Report a problem | ||
| 3/19/2024 | Pending sale | $1,195,000$293/sqft |
Source: CRMLS #SB24026290 Report a problem | ||
| 2/25/2024 | Contingent | $1,195,000$293/sqft |
Source: CRMLS #SB24026290 Report a problem | ||
| 2/8/2024 | Listed for sale | $1,195,000$293/sqft |
Source: CRMLS #SB24026290 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,256 +286.9% | $1,142,400 +348.9% |
| 2024 | $3,685 +1.7% | $254,485 +2% |
| 2023 | $3,624 +4.3% | $249,496 +2% |
| 2022 | $3,474 +1.9% | $244,605 +2% |
| 2021 | $3,411 -0.7% | $239,810 +1% |
| 2020 | $3,435 | $237,352 +2% |
| 2019 | $3,435 +7.1% | $232,699 +2% |
| 2018 | $3,206 | $228,137 +2% |
| 2017 | $3,206 +2% | $223,665 +2% |
| 2016 | $3,143 +3.8% | $219,280 +1.5% |
| 2015 | $3,027 +0.1% | $215,987 +2% |
| 2014 | $3,024 | $211,757 +4.5% |
| 2011 | -- | $202,617 +59.3% |
| 2010 | -- | $127,214 +3.8% |
| 2007 | -- | $122,567 +2% |
| 2006 | -- | $120,165 |
| 2005 | -- | $120,165 +4% |
| 2004 | -- | $115,501 +1.9% |
| 2003 | -- | $113,385 +2% |
| 2002 | -- | $111,163 +4% |
| 2000 | -- | $106,848 |
Find assessor info on the county website
Neighborhood: San Pedro
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Nearby schools
GreatSchools rating
- 9/10Seventh Street Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,316,900
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Estimated market value
$1,316,900
- California
- Los Angeles County
- Los Angeles
- 90731
- San Pedro
- 740 S Leland St
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