322 W 9th St
San Pedro, CA 90731

Bd   Ba   9,334 Sqft   73 Days
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.
  • $0 HOA
  • $219/Sqft
  • MLS#SB16717937 provided by Brice Head of RE/MAX Commercial & Inv Realty
  • Movoto last checked CRMLS for new data 15 hours ago
  • CRMLS last updated this listing 9 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
Exterior
Levels: One
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 2
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 9334
Parking Features: Assigned, Garage
Parking Total: 9
Garage Spaces: 9
Number Of Units Total: 9
Property Attached Y/N: 1
Amenities / Utilities
Trash Expense: 3060
Water Sewer Expense: 3060
Electric Expense: 3060
Community Features: Curbs, Sidewalks
Pool Features: None
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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

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

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322 W 9th Street

No data!
Central San Pedro
San Pedro
90731
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.1M

322 W 9th Street

$492K

Central San Pedro

-1% y/y

Central San Pedro

$554K

90731

0% y/y

90731

$599K

San Pedro

1% y/y

San Pedro

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Refinance Rates for 322 W 9th Street, San Pedro

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322 W 9th St is a multi family home located in 90731 in San Pedro, CA. It was last listed for $2,040,000, which is 268% above the current market median of $554,450 in 90731 and 241% above the market median of $599,000 in San Pedro. 322 W 9th St is approximately 9,334 Sqft, which is 531% above the median size in San Pedro of 1,479 square feet and 606% above the median size in 90731 of 1,322 square feet. This property's price per Sqft was $219, which is 49% below the current median in 90731 of $428 and 47% below the San Pedro median of $415. As of today, , there are 54 properties listed for sale in ZIP code 90731 and 97 properties listed for sale in the city of San Pedro. Of those 97 properties, there are 66 single family houses and 31 condos.
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 53 with a median list price of $599,000 and median cost per square foot of $415. Its current status is sold under the MLS #SB16717937.

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