new - 6 days on rocket

801 Oro Ter, San Pedro, CA, 90731

$3,399,000

12 Bedrooms
12 Baths
7,908 SqFt
$430/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingAttached Carport
Attached GarageYes
Year Built1928
HeatingWall Furnace
CoolingNone
MLS #24471587
Lot Size0.44 Acres
StatusActive

About 801 Oro Ter

BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes.Unparalleled "view" potential for a Builder.Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths.and a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also.The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets. And of course, it's home to one of LA County's largest employers, The Port of LA. An already-stable renting base that is only getting stronger.ASSUMABLE LOAN:80+% LTV assumable note of $2,770,000 at 4.65% Interest-Only. Principal paydown amounts of $100K each May and December. Due Feb 2033.*SELLER WILL LIKELY ALLOW "CASH-FOR-KEYS" DIALOGUE WITH THE TENANTS DURING ESCROW.EXCLUSIVELY LISTED AT $3,399,000.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 0
  • Living Area: 7,908 SqFt

Listing Office:

  • Office Name: CBRE, Inc.
  • Office Phone: (310) 363-4900
  • Listing Agent: Brice Head

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: On Oro Terrace, between 7th & 9th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,399,000
  • Price Per SqFt: $430/SqFt

Tax Information:

  • Annual Amount: $25,978
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

801 Oro Ter vs Los Angeles

6 DAYS ON ROCKET

-32 Days

$3,399,000

+$2.3M More

$430/SqFt

-$210 Less

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $210/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24471587

Listing Office:

  • Office Name: CBRE, Inc.
  • Office Phone: (310) 363-4900
  • Listing Agent: Brice Head

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: 12/18/2024, 2:20:58 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

Feb 12, 2009Home Sold
$1,740,000
Sep 25, 2003Home Sold
$1,020,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,978$2,071,258
2020$25,229$2,048,833
2019$24,983$2,008,661
2018$24,414$1,969,277
2017$24,414$1,930,665

History based on county public records data.

Payment Calculator

$17K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.2K

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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.

Nearby Schools

school-card-donut-4335771
5
/10
  • Cabrillo Avenue Elementary School

  • 732 S Cabrillo Ave

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-4335772
6
/10
  • 7th Street School

  • 1570 W 7th St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-4335773
6
/10
  • Bandini Street Elementary

  • 425 N Bandini St

  • 0.68 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,422. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 801 Oro Ter

What is the listing price of this property?

The listing price of 801 Oro Ter property is $3,399,000.

What type of property is this?

The property 801 Oro Ter is a house located in San Pedro, California, 90731.

Is this property for sale now?

Active Listing: 801 Oro Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $25,978 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 12, 2009 for $1,740,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 801 Oro Ter has 12 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 801 Oro Ter is 7,908 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 801 Oro Ter is 1928.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90731801 Oro Ter

This home is located at 801 Oro Ter in San Pedro, CA and zip code 90731 in the The Harbor neighborhood. This 7,908 square foot home, which was built in 1928, sits on a 0.44 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $3,399,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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