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$750,000   Price Analysis
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541 W 21st St
San Pedro, CA 90731
4 bed 3 bath 2,123 SqFt ($353/SqFt)
4,999SqFt lot. Built 1954
Listed 2024-03-21, Taxes $3,307
Ⓧ USDA Ineligible
due to location

near Los Angeles

Super sweet garden style triplex located a short distance from the mult-million dollar West Harbor waterfront redevelopment that is underway and projected to have it's Grand Opening in 2025.

* Has Contingent Offer *

Rents are below market which means there is alot of upside potential in the future. The sister building next door at 535 W. 21st St is also for sale at the same price and gives you the opportunity to purchase 6 units on two lots zoned RD1.5 and totalling 10, 000 sq ft without having to go through the hassle of commercial financing.

Seller wants the buildings sold together. All units are occupied and will be that way at close of escrow. This is a exceptional opportunity to invest in this up and coming area of San Pedro. Don't miss it.


Presented by Gary Krill at
COMPASS.
Listing Agent Photo

Property MLS #SB24052950 from CRMLS

Bedrooms: 4

Laundry Features: Inside

Full Bathrooms: 3

Heating Features: Wall Furnace
Heating: Yes

Flooring: Carpet, Vinyl

Lot Description: Yard
Lot Size Acres: 0.1147612
Lot Size Dimensions: 40x125
Lot Size Source: Assessor
Lot Size Square Feet: 4999

Garage Spaces: 3
Parking Total: 3

Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 390.00
Maintenance Expense: 1863.00

Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Biking, Dog Park, Fishing, Hiking, Park, Watersports, Sidewalks, Street Lights

Source Listing Status: Active Under Contract
County: Los Angeles
Cap Rate: 3.20
Source Property Type: Residential Income
Insurance Expense: 4000.00
Area: 181 - Point Fermin
Source Neighborhood: 181 - Point Fermin
New Taxes Expense: 9500.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 7462030006
Pest Control Expense: 60.00
Postal Code Plus 4: 5521
Professional Management Expense: 2742.00
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$87,838 + $165,935
$253,773
$3,307
2021$86,116 + $162,682
$248,798
$3,257
2020$85,233 + $161,014
$246,247
$3,285
2019$83,562 + $157,857
$241,419
$3,164
2018$81,924 + $154,762
$236,686
$3,075
2017$80,318 + $151,728
$232,046
$3,009
2016$78,744 + $148,753
$227,497
$2,920
2015$77,562 + $146,519
$224,081
$2,880
2014$76,043 + $143,649
$219,692
$2,909
2013$75,700 + $143,000
$218,700
$2,909
2012$74,216 + $140,197
$214,413
$2,947
2010$72,761 + $137,449
$210,210
$2,895
2009$72,390 + $136,747
$209,137
$2,792
2009$72,218 + $136,422
$208,640
$2,792
2008$70,971 + $134,066
$205,037
$2,679
2007$69,580 + $131,438
$201,018
$2,585

Price Changed 2024-06-12
$750,000
CRMLS
Listed 2024-03-21
$849,000
CRMLS
Listing removed 2014-03-27
$1,195
WestsideRentals
Listed for rent 2014-03-16
$1,195
WestsideRentals
Listing removed 2014-03-15
$1,195
WestsideRentals
Listed for rent 2014-02-23
$1,195
WestsideRentals
Listing removed 2014-02-21
$1,195
WestsideRentals
Listed for rent 2013-12-27
$1,195
WestsideRentals

Net Operating Income: 23857.00

Total Square Feet Living: 2123
Year Built: 1954
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Foundation Details: Raised
Property Age: 70
Property Attached: Yes
Roof: Composition, Shingle
Building Total Stories: 1
Structure Type: Triplex
House Style: Traditional
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 5724.00
Water Source: Public

Richard Henry Dana Middle School is a public middle school located approximately 0.5 miles away.
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San Pedro Senior High School is a public high school located approximately 0.7 miles away.
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Leland Street Elementary School is a public elementary school located approximately 0.7 miles away.
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A Different Spirit Academy is a private elementary, middle and high school located approximately 0.4 miles away.
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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.