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Listing 6 out of 32
Sold for $930,000 Sold

537 S Cabrillo Avenue
San Pedro, CA 90731

7 units | Multi Family Home
4500 sq ft lot - MLS# PV18285187
Property Photo

Sold

Sold for $930,000 on Apr 26, 2019

Description

We are pleased to present this 7-unit building, extensively remodeled and located in Vista Del Oro. This well-maintained property is situated on approximately 4,500 square feet of land and boasts an excellent mix of units consisting of 4 residential, two units are 1 bed/1 bath, two units are studios, and three are commercial units. This property offers 5 parking spots, a laundry room, newer windows, updated floors, remodeled kitchen and bathrooms, and two of the units have peek-a-boo views of the ocean and harbor. Currently six units are leased out and one commercial unit is vacant. This offers an incredible investment for an investor looking to acquire stable and great monthly returns.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $950,000
  • Zip Code: 90731
  • Year Built: 1923
  • Stories: Two
  • Units: 7 units
  • Lot Size: 4500 sq ft lot
  • View: Peek-A-Boo, Yes
  • Zoning: LARD1.5
  • Area: 183 - Vista Del Oro
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4860.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01438455
  • Co-Listing Office License: 01517281
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Country: US
  • Directions: Located on Cabrillo Ave and 6th St, property is between 6th St and 5th St.
  • Flooring: Laminate, Tile
  • Gross Income: 77544.00
  • Gross Scheduled Income: 77539.00
  • Heating: Central
  • Heating YN: Yes
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Community, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01969527
  • Listing Office License: 01517281
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Area: 4500.0000
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 350.00
  • Net Operating Income: 60289.00
  • New Taxes Expense: 11875.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Units Leased: 6
  • Operating Expense: 6141.00
  • Property Attached YN: Yes
  • Rent Control YN: Yes
  • Room Type: Kitchen, Laundry, Living Room
  • Selling Agent: General Nonmember
  • Selling Agent License: 01108976
  • Selling Office: Crmls
  • Selling Office License: 00000001
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 6462.00
  • Total Expenses: 17592.00
  • Trash Expense: 1605.00
  • Water Sewer Expense: 3491.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Price: 930000.00
  • Sold Date: 2019-04-26
Courtesy of Movoto Real Estate, Morvarid Sepehrnia

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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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