2 months on rocket

680 W 18th St, San Pedro, CA, 90731

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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680 W 18th St, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage6 spaces
Year Built1970
MLS #SB24033109
Lot Size0.11 Acres
StatusActive

About 680 W 18th St

Rare Investment Opportunity in growing San Pedro. Perfect for owner occupancy or investor seeking true market rents. The original house with 2 bedrooms and 1 bath in the front is charming with updates and ready for rental. The 2 rear units are both 2-story townhouse style, with 2 bedrooms and 2 baths. The rear building was built more recently, the roof was replaced recently and the entire complex has great potential. The garage accessed off of the alley behind the building offers 6 parking spaces, which is rare for the area. Zoned R2-1XL, there have many higher density developments off of Gaffey Street and you should investigate the potential for redevelopment. Locals will tell you, San Pedro is on the rise. The Downtown renaissance, the coming West Harbor Waterfront & Amphitheater Development and a growing music and brewery scene are just some of the reasons to "explore more". This property is centrally located and offers quick access to the Harbor Freeway and transit options on Gaffey St and Pacific Ave, which help fuel tenant demand. Rents in San Pedro are also on the rise and remain above the average for LA City. The property is covered by LA City Rent Control, which presently allows a 4% rental increase for existing tenants. With two units delivered unoccupied, the opportunity to obtain market rents makes this investment a unique opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 2

Listing Office:

  • Office Name: Capwest Real Estate
  • Office Phone: (310) 780-9071
  • Listing Agent: Ante Perkov

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 6 spaces

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • San Pedro Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Richard Henry Dana Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Fifteenth Street Elementary School, Public District Grades KG-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: Gaffey and 18th Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $11,165
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

680 W 18th St vs Los Angeles

72 DAYS ON ROCKET

+38 Days

$1,100,000

+$124K More

KEY TAKEAWAY

This property is $124K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24033109

Listing Office:

  • Office Name: Capwest Real Estate
  • Office Phone: (310) 780-9071
  • Listing Agent: Ante Perkov

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:22:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 29, 2005Home Sold
$710,000
Dec 23, 1988Home Sold
$430,000
Feb 22, 1988Home Sold
$399,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,165$914,300
2020$10,833$904,926
2019$10,727$887,183
2018$10,494$869,788
2017$10,494$852,734

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3020548
5
/10

  • Fifteenth Street Elementary School

  • 1527 S Mesa St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-3020549
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 0.97 miles

  • Public Magnet Grades KG-5

school-card-donut-3020550
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 24.80 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-3020551
4
/10

  • Richard Henry Dana Middle School

  • 1501 S Cabrillo Ave

  • 0.24 miles

  • Public District Grades 6-8

school-card-donut-3020552
4
/10

  • Studio

  • 2211 W Avenue 30

  • 26.20 miles

  • Public District Grades 6-8

High School

school-card-donut-3020553
5
/10

  • San Pedro Senior High School

  • 1001 W 15th St

  • 0.41 miles

  • Public Magnet Grades 9-12

school-card-donut-3020554
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 21.86 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,715. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90731›680 W 18th St

This home is located at 680 W 18th St in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This home, which was built in 1970, sits on a 0.11 acre lot. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $1,100,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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