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Sold for $1,095,000 Sold

546 W 15th Street
San Pedro, CA 90731

7 units | Multi Family Home
6752 sq ft - MLS# SB17279898
Property Photo

Sold

Sold for $1,095,000 on Feb 27, 2018

Description

Great investment opportunity -- 7-unit apartment building in San Pedro! Originally built in 1923 on a 6,753 SF lot. The 2-story, 4,746 SF building houses one 2-bedroom unit and 6 studios. Each unit is metered separately for electricity. On-site laundry and ample on-site parking. Two units are currently filled. Property subject to rent control. With numerous developments currently underway in San Pedro, purchasing this property and remodeling it for resale presents an excellent investment opportunity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $1,100,000
  • Zip Code: 90731
  • Year Built: 1923
  • Stories: Two
  • Units: 7 units
  • # of Parking Spaces: 8.00
  • Lot Size: 6752 sq ft
  • Zoning: LARD1.5
  • Area: 185 - Plaza
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4746.00
  • Building Area Units: Square Feet
  • Community Features: Suburban
  • Country: US
  • Directions: East of Gaffey and west of Pacific. Just west of 15th St Elementary school.
  • Gross Income: 34648.00
  • Gross Scheduled Income: 84028.00
  • Laundry Features: Community
  • Laundry Income: 1200.00
  • Laundry YN: Yes
  • Listing Agent License: 00874072
  • Listing Office License: 01923145
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 48059.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Operating Expense: 34648.00
  • Parking Features: On Site
  • Parking YN: Yes
  • Rent Control YN: Yes
  • Selling Agent: Raju Chhabria
  • Selling Agent License: 00874072
  • Selling Office: Chhabria Real Estate Company
  • Selling Office License: 01923145
  • Sewer: Sewer Paid
  • Stories Total: 2
  • Total Expenses: 34648.00
  • Water Source: Public, Shared Well
  • Year Built Source: Assessor
  • Sold Price: 1095000.00
  • Sold Date: 2018-02-27 00:00:00
Courtesy of Chhabria Real Estate Company, Raju Chhabria

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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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