$750,000 Price Analysis   ♡   San Pedro, CA 90731 4 bed 2 bath 1,523 SqFt ($492/SqFt) 5,218SqFt lot. Built 1947 Listed 2024-05-26, Taxes $3,081 | Ⓧ USDA Ineligible due to location near Los Angeles |
Exceptional value-add investment opportunity at 727 W 16th Street
A well-positioned two-story duplex located in the highly desirable Vista del Oro neighborhood of San Pedro. This prime location is minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park, shopping, dining and public transportation. The property features an ideal unit mix of all 2 Bedroom 1 Bath units.
Garage in the rear of the property is currently vacant and can be rented or converted nto an ADU (buyer to verify). Tenants pay their own gas, electric and trash; landlord pays for the DWP Water service. This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.
Presented by Olga Wright at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24101707 from CRMLS
Lot Size Acres: 0.1197888
Lot Size Source: Assessor
Lot Size Square Feet: 5218
Parking Total: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Maintenance Expense: 1000.00
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1447.00
Area: 183 - Vista Del Oro
Source Neighborhood: 183 - Vista Del Oro
New Taxes Expense: 8903.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 7454035010
Postal Code Plus 4: 4609
Zoning: LAR2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $121,259 + $121,259 $242,518 | $3,081 |
| 2021 | $118,882 + $118,882 $237,764 | $3,037 |
| 2020 | $117,664 + $117,664 $235,328 | $3,064 |
| 2019 | $115,357 + $115,357 $230,714 | $2,949 |
| 2018 | $113,096 + $113,096 $226,192 | $2,879 |
| 2017 | $110,879 + $110,879 $221,758 | $2,816 |
| 2016 | $108,705 + $108,705 $217,410 | $2,738 |
| 2015 | $107,073 + $107,073 $214,146 | $2,700 |
| 2014 | $104,976 + $104,976 $209,952 | $2,721 |
| 2013 | $104,502 + $104,502 $209,004 | $2,721 |
| 2012 | $102,453 + $102,453 $204,906 | $2,758 |
| 2010 | $100,445 + $100,445 $200,890 | $2,705 |
| 2009 | $99,932 + $99,932 $199,864 | $2,608 |
| 2009 | $99,695 + $99,695 $199,390 | $2,608 |
| 2008 | $97,973 + $97,973 $195,946 | $2,500 |
| 2007 | $96,052 + $96,052 $192,104 | $2,414 |
$750,000
CRMLS
Year Built: 1947
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 77
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor
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.