322 W 9th St
San Pedro, CA 90731

Bd   — Ba   9,334 Sqft
Two buildings on two parcels - a 6 unit and a 3 unit building. Built in 1979 and 1984 these units are not subject to rent control NOR are not subject to the City of LA's seismic retrofit ordinance. The asset has strong cash flow day one and even better cash flow by simply leveling the in-place rents!...nothing more. 5 of the 9 units have been rehabbed. Garage parking. On-site laundry room. Secured asset front and rear. The building is just blocks from Ports O' Call and downtown Pedro, much of which is a historical redevelopment area. Ports O' Call is undergoing a massive, multi-million dollar renovation - with the product being an Esplanade setting with retail, dining, and shopping. A ground floor opportunity in a gentrifying LA submarket. Just minutes to 2 of greater LA's largest employers - the Ports of LA and LB, as well Exxon/Mobil and other oil/gas and aerospace companies in South Torrance, Wilmington and Carson.
  • Property Type: Multi Family
  • MLS#: SB16717937
  • MLS:
  • Listing Office: RE/MAX Commercial & Inv Realty
  • Listed By: Brice Head
  • Movoto last checked CRMLS for new data 26 minutes ago
  • CRMLS last updated this listing 7 months ago

Home Features for 322 W 9th Street , San Pedro

Year Built: 1978
Lot Size Acres: 0.22
Lot Size Square Feet: 10004
Lot Size Units: Square Feet
Lot Size Area: 10004
Price Per Square Foot: 218.56
Tax Lot: 13
Tax Tract Number: 2971
Additional Parcels: 7455010012
New Taxes Expense: 25020
Parcel Number: 7455010011
Tax Census Tract: 2971.1
Special Listing Conditions: Standard
Standard Status: Closed
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About Selling

Property History for 322 W 9th Street, San Pedro

Status
Date
Price
Sold
Dec 16, 2016
$2,040,000
Active Under Contract
Nov 9, 2016
Listed
Oct 4, 2016
$2,099,000
#SB16717937

Refinance Rates for 322 W 9th Street, San Pedro

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Real Estate Market Statistics for 322 W 9th Street, San Pedro

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322 W 9th Street

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List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.1M

322 W 9th Street

$494K

Central San Pedro

1% y/y

Central San Pedro

$529K

90731

-3% y/y

90731

$579K

San Pedro

-3% y/y

San Pedro

See all trends for San Pedro
322 W 9th St in ZIP code 90731 is a multi family home that was last listed for $2,040,000. This is 285% above the current median of $529,500 for 90731 and 252% above the current median price of $579,000 for the city of San Pedro, CA. As of today, , there are 70 properties listed for sale in the 90731 area and 115 properties listed for sale in San Pedro. Of those 115 properties for sale, 72 are single family homes and 43 are condos. 322 W 9th St is approximately 9,334 square feet, 529% above the San Pedro median of 1,485 and 601% above the 90731 ZIP code median of 1,332. The price per Sqft was $219 which is 47% below the current median price in 90731 of $417 and 46% below the San Pedro median of $403 per square foot.
Built in 1978, this multi family house at 322 W 9th St, San Pedro CA, 90731 is approximately 9,334 square feet and comes with 9 parking spots. It was last listed with a cost per Sqft of $219. 322 W 9th St is located in the Central San Pedro neighborhood in the Los Angeles Unified School District. The closest school is Cabrillo Avenue Elementary School.

322 W 9th St, San Pedro CA, 90731 was on the market for 73 days. The median days on the market for properties in this area is 39 with a median list price of $579,000 and median cost per square foot of $403. Its current status is sold under the MLS #SB16717937.

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