$1,595,000 Price Analysis   ♡   San Pedro, CA 90731 8 bed 8 bath 4,249 SqFt ($375/SqFt) 6,123SqFt lot. Built 1987 Listed 2024-06-22, Taxes $10,959 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Not covered by RSO restrictions.
Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1, 060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms and sizeable living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room.
The units come with ample counter space, gas stoves, dishwashers and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping estern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.
Presented by RICHARD DASKAM at
eXp Realty of California Inc.
Property MLS #PW24127500 from CRMLS
Flooring: Carpet
Appliances YN: Yes
Laundry Features: Common Area, Individual Room
Heating: Yes
Road Surface Type: Paved
Lot Size Acres: 0.1405647
Lot Size Source: Assessor
Lot Size Square Feet: 6123
Parking Features: Parking YN: Yes, Parking Features: Attached Carport, Concrete, Driveway Down Slope From Street, On Site, Subterranean, Tandem Garage
Parking Total: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2
Gardener Expense: 3000.00
County: Los Angeles
Cap Rate: 5.30
Source Property Type: Residential Income
Insurance Expense: 3890.00
Area: 187 - Holy Trinity
Source Neighborhood: 187 - Holy Trinity
New Taxes Expense: 17500.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 7447017026
Postal Code Plus 4: 1434
Trash Expense: 1800.00
Zoning: LAR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $477,416 + $414,012 $891,428 | $10,959 |
| 2021 | $468,055 + $405,895 $873,950 | $10,808 |
| 2020 | $463,256 + $401,734 $864,990 | $10,912 |
| 2019 | $454,173 + $393,857 $848,030 | $10,490 |
| 2018 | $445,268 + $386,135 $831,403 | $10,355 |
| 2017 | $436,538 + $378,564 $815,102 | $10,132 |
| 2016 | $427,979 + $371,142 $799,121 | $9,868 |
| 2015 | $421,551 + $365,568 $787,119 | $9,726 |
| 2014 | $351,589 + $401,816 $753,405 | $9,555 |
| 2013 | $357,503 + $310,867 $668,370 | $8,470 |
| 2012 | $350,494 + $304,772 $655,266 | $8,583 |
| 2010 | $343,622 + $298,797 $642,419 | $8,409 |
| 2009 | $341,865 + $297,269 $639,134 | $8,104 |
| 2009 | $341,054 + $296,564 $637,618 | $8,104 |
| 2008 | $335,162 + $291,441 $626,603 | $7,762 |
| 2007 | $328,591 + $285,727 $614,318 | $7,494 |
$1,595,000
CRMLS
Sold 1988-05-03
$460,000
Public Record
Sold 1987-04-14
$130,000
Public Record
Sold 1986-10-21
$91,000
Public Record
Sold 1982-03-04
$88,000
Public Record
Year Built: 1987
Building Features: 1
Common Walls: 2+ Common Walls
Direction Faces: South
Entry Level: 1
Entry Location: 1
Property Age: 37
Property Attached: Yes
Roof: Flat
Levels or Stories: Two
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Assessor
Sewer: Sewer: Sewer Paid, Water Sewer Expense: 5000.00
Sewer Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.