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Sold for $2,900,000 · Dec 2018

SOLD

Listed at $2,989,000

Sold

752 W 4TH Street, San Pedro, CA 90731

San Pedro, CA

MLS# 18324832

8,948 Sq Ft • Property
52 days on market

Listing Agent

Lacy Burke

Listing Agent

Lacy Burke Broker

DRE #: 01906970

Brokerage: Lacy Burke Broker

Property Details

N/A

Bedrooms

N/A

Bathrooms

8,948 sqft

Square Feet

2018

Year Built

0.23 acres

Lot Size

$324

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

ALMOST COMPLETED! TIME TO BUY: NEW CONSTRUCTION. NOT SUBJECT TO RENT CONTROL. Purchase Price: $2,989,000. (Projected ) Pro-Forma Monthly Gross Rent: $20,200. Pro-Forma Annual Gross Rent: $242,400. Vacancy & Operating Costs (20%): $48,480. Pro-Forma NOI: $155,170. CAP RATE 5.01%(@ $2,989,000 Purchase Price): GRM (@ $2,989,000 Purchase Price): 12.78* Great, Quiet neighborhood* Proximity to beaches* Easy access to 110 Freeway (direct artery to 405 Freeway)* Surrounded by affluent communities of Rancho Palos Verdes & Rolling Hills Estates * Proximity to the Port of Los Angeles & Port of Long Beach* Close to new Ports O'Call, undergoing $150 Million Renovation All Units Include:* 1 Tandem Garage Space (2 Spaces)* Individually metered for electric, gas, and water * individual tankless water heater* Central A/C and Heat* Washer & Dyer* Refrigerator* Dishwasher Investment Opportunity* Brand-New Construction* Multifamily Apartment Complex* All Units Can be delivered Vacant

Listing description from the December 2018 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
CentralAir

Sale history for 752 W 4TH Street

2 recorded sales

$2,900,000
Sold December 2018 · listed $2,989,000, orig. $3,100,000, on market March 2018, 52 days on market · MLS #18324832 · Source: CRMLS
Listing Agent: Lacy Burke · Listing Office: Lacy Burke Broker · Contact: 310-666-9752 · Bought with: Lacy Burke · Lacy Burke Broker
$525,000
Sold February 2017 · listed $499,000, orig. $400,000, on market January 2017, 3 days on market · MLS #17195204 · Source: CRMLS
Listing Agent: Lacy Burke · Listing Office: Power Brokers International · Contact: 310-402-5593 · Bought with: Lacy Burke · Power Brokers International

How this sale compares

752 W 4TH Street sold for $2,900,000 in December 2018, 3.0% under its $2,989,000 list price, after 52 days on the market. It was first listed at $3,100,000. Across 181 closed sales in 90731 over the last 12 months, the median sold price is $815,000 and the median is $577 per square foot.

$577
90731 median per sq ft (12 mo)
$815,000
90731 median sold price (12 mo)
181
Closed sales in 90731 (12 mo)
52
Days on market
−3.0%
Sold vs. list price
QuarterClosed sales in 90731Median sold price
Q1 202610$747,500
Q2 202671$830,000
Q3 202682$816,001
Q4 202618$722,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Pedro · Homes for sale in 90731

Recent sales near 752 W 4TH Street

Closed sales reported in 90731, nearest first, last 12 months. All recent sales in San Pedro →

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