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Listing 19 out of 176
$1,050,000 For Sale

535 W 15th Street
San Pedro, CA 90731

4 units | Multi Family Home
6761 sq ft lot - MLS# SB19134549
Property Photo
1/4

Description

Subject property is a 4 unit apartment building built in 1981 (Not Subject to Rent Control). The units are large 2 bedroom 1 bath floorplans averaging over 1,000 sq.ft. Each unit has a large balcony and on-site carport parking for all units. This property is Not Subject to Soft-Story Retrofit. All of the rents are below market. The property has been well maintained and is 100% occupied. The property is located within walking distance to public schools and transportation.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90731
  • Year Built: 1981
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 4.00
  • Lot Size: 6761 sq ft lot
  • Zoning: LAR2
  • 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: 4144.00
  • Building Area Units: Square Feet
  • Cap Rate: 3.90
  • Carport Spaces: 4.00
  • Co-Listing Agent License: 01164364
  • Co-Listing Office License: 01508014
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
  • Country: US
  • Directions: East of Gaffey St
  • Electric Expense: 925.00
  • Fuel Expense: 1860.00
  • Gross Income: 70368.00
  • Gross Multiplier: 14.90
  • Gross Scheduled Income: 70368.00
  • Insurance Expense: 2100.00
  • Listing Agent License: 01315042
  • Listing Office License: 01508014
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Area: 6761.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 3000.00
  • Net Operating Income: 40627.00
  • New Taxes Expense: 12558.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 28334.00
  • Other Expense: 1200.00
  • Other Expense Description: Reserves
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 5864.00
  • Total Expenses: 28334.00
  • Trash Expense: 2896.00
  • Water Sewer Expense: 3795.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Re/Max Commercial & Investment, Olga Wright

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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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