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Listing 4 out of 125
$1,350,000 For Sale

867 W 1st Street
San Pedro, CA 90731

4 units | Multi Family Home
5606 sq ft - MLS# SB19008379
Property Photo
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Description

Spacious 4 Plex in San Pedro - NO RENT CONTROL. This income property offers a nice mix of units including (2 )Three Bedroom Units and (2) Two Bedroom units. Property includes 2 indoor garage spaces for each unit (tandem parking & shared entry door). An onsite laundry room offers pay machines for tenants use, currently outsourced but a possible source of additional income. Nice grassy front yard area for a nice curb appeal. Newer flowering bushes will add more privacy over time. Large detached garage with alley access offers privacy and security for vehicles.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90731
  • Year Built: 1986
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 8.00
  • Lot Size: 5606 sq ft
  • Zoning: LARD1.5
  • Area: 187 - Holy Trinity
  • Appliances: Gas Range, Water Heater Unit
  • Appliances YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4574.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.50
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks, Street Lighting
  • Construction Materials: Stucco
  • Country: US
  • Directions: Gaffey to 1st Street, Go west to 867 1st Street
  • Electric: Standard
  • Electric Expense: 600.00
  • Flooring: Carpet, Laminate
  • Garage Spaces: 8.00
  • Gross Operating Income: 81072.00
  • Gross Scheduled Income: 81072.00
  • Heating: Wall Heater
  • Heating YN: Yes
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Features: Area
  • Laundry YN: Yes
  • Listing Agent License: 01365459
  • Listing Office License: 01365459
  • Lot Features: Lot-Level/Flat, Near Public Transit, Sprinklers In Front
  • Lot Size Area: 5608.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 61235.00
  • New Taxes Expense: 13837.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 19837.00
  • Property Attached YN: Yes
  • Road Surface Type: Alley Paved
  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 6756.00
  • Total Expenses: 19837.00
  • Utilities: Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: 2400.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of David A. Andrade, Broker, David Andrade

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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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