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Listing 23 out of 111
$949,000 For Sale

674 W 22nd Street
San Pedro, CA 90731

4 units | Multi Family Home
5001 sq ft lot - MLS# SB17280371
Property Photo
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Description

We are pleased to present 674 W 22nd St, a 4-unit property located in the heart of San Pedro. The front unit has an excellent configuration containing two non-rent control spacious units. There is a well-maintained garden in the front, and the building is in prime condition, providing excellent curb appeal. The upper unit includes harbor views, natural light, a new washer & dryer, and an updated kitchen. The lower manager’s unit has a brand new modern kitchen with granite counter-tops, stainless steel appliances, and easy garage/front lawn access. There are (4) 1-car garages attached to both the front and back units. The back building has two legal units, as well as an additional non-conforming fully-functional studio; buyer needs to verify permitting status with city. The upper unit has 2 bedrooms, 1 bathroom, a spacious kitchen with granite counter-tops, and new appliances, while the 1-bedroom 1-bath unit downstairs has built in laundry hook-ups and easy access to garage parking. Building has been well-maintained and family owned since 1977, and was updated in 1986. All Kitchen remodels were done in the passed 5 years. Located conveniently within a mile from Downtown San Pedro, the farmers market, 22nd St. landing, lands’ end, and Point Fermin, this property is in the best location San Pedro has to offer!

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
  • Baths: 0
  • # of Parking Spaces: 8.00
  • Acres: 5001 sq ft lot
  • Zoning: LARD1.5
  • 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: 3187.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01981597
  • Co-Listing Office License: 01972083
  • Community Features: Curbs, Sidewalks
  • Cooling: Central, Yes
  • Country: US
  • Directions: Conveniently located near corner of Gaffey & 22nd st
  • Electric Expense: 1000.00
  • Garage Spaces: 4.00
  • Gardener Expense: 100.00
  • Gross Income: 49590.00
  • Gross Multiplier: 18.18
  • Gross Operating Income: 49590.00
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 1500.00
  • Laundry: Yes
  • Laundry Features: Area, Electric Dryer Hookup, Washer Hookup
  • Listing Agent License: 0236524
  • Listing Office License: 01972083
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Level with Street, Park Nearby
  • Lot Size Source: Survey
  • Lot Size Units: Square Feet
  • MLS: MR
  • Maintenance Expense: 1566.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 32774.00
  • New Taxes Expense: 10950.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 16816.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway - Concrete
  • Stories Total: 2
  • Total Actual Rent: 4350.00
  • Total Expenses: 16816.00
  • Trash Expense: 600.00
  • Uncovered Spaces: 4.00
  • Utilities: See Remarks
  • Water Sewer Expense: 1100.00
  • Water Source: Public
Courtesy of Lyon Stahl Investment Re, Inc., Austin Longwell

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Sheri McHale-Moody
RE/MAX Estate Properties

1416 W. 25th St
San Pedro, CA 90732
Phone: 310-940-1516
Fax: 310-831-0152
Email: sherimoody10@gmail.com

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