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$1,299,000 For Sale

3725 Stephen M White Drive
San Pedro, CA 90731

3 units | Multi Family Home
4770 sq ft lot - MLS# SB19084508
Property Photo
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Description

Beautiful triplex with million dollar views of Cabrillo Beach and the Port of Los Angeles just steps away from the water. This property is basically located on the driveway that takes you to one of San Pedro's premier surfing and windsurfing beaches. It's a prime location, where properties are rarely available to purchase, ESPECIALLY multifamily. Each unit has incredible views. The building and it's three units are in great condition. The middle unit has been completely remodeled with new hardwood flooring, upgraded kitchen and bath. Each unit enjoys astonishing views and outside entertaining areas. There is also a little casita studio in the backyard with a kitchen and a bathroom. This is one of the last up-and-coming beach cities in the country and the city is spending millions renovating the area. This is a great buy-and-hold deal for an investor in an area that is experiencing significant appreciation. Get in while you can!

Features

  • # of Parking Spaces: 3.00
  • Area: 181 - Point Fermin
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2888.00
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks, Street Lights
  • Country: US
  • Directions: Pacific to Stephen M White Dr
  • Garage Spaces: 3.00
  • Gross Income: 58560.00
  • Gross Scheduled Income: 58560.00
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01214227
  • Listing Office License: 00983568
  • Listing Status: Active
  • Lot Features: Up Slope from Street
  • Lot Size: 0.1095
  • Lot Size Area: 4769.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 423233.00
  • New Taxes Expense: 16237.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Operating Expense: 16237.00
  • Parking Features: Garage Faces Front
  • Parking Spaces: 3.00
  • Parking YN: Yes
  • Property Condition: Turnkey
  • Property Type: Multi Family Home
  • Rent Control YN: Yes
  • Sewer: Public Sewer
  • Stories: Three Or More
  • Sub Type: Multi Family Home
  • Total Actual Rent: 4700.00
  • Total Expenses: 16237.00
  • Units: 3
  • View Details: Coastline,Harbor,Marina,Mountain(s),Panoramic,Park/Greenbelt,Vincent Thomas Bridge,Water,White Water
  • Water Source: Public
  • Year Built: 1954
  • Year Built Source: Assessor
  • Zip Code: 90731
  • Zoning: LARD2
  • View: See View Details
  • Waterfront: Beach Access

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Sheri McHale-Moody
RE/MAX Estate Properties

1416 W. 25th St
San Pedro, CA 90732
Phone: 310-940-1516
Email: sherimoody10@gmail.com

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