Back to Saved Search
Listing 18 out of 176
$950,000 For Sale

473 N Bandini Street
San Pedro, CA 90731

4 units | Multi Family Home
4400 sq ft lot - MLS# SB19134579
Property Photo
1/3

Description

Subject property is a 4-unit apartment complex built in 1965 (Subject to Rent Control). The property has on-site surface parking for all units and laundry room with washer and dryer owned by Landlord that generates $120 per month in additional income. The Building has a favorable unit mix of 2 bedroom 1 bath units. Actual rental income is as of October 1, 2019. Proforma rental income is based on market rents. This property is walking distance to Bandini Street Elementary school and several places of worship.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90731
  • Year Built: 1965
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 4.00
  • Lot Size: 4400 sq ft lot
  • Zoning: LARD1.5
  • Area: 187 - Holy Trinity
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3000.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.80
  • 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: South of Summerland Ave; Between Western Ave and Gaffey St
  • Electric Expense: 900.00
  • Fuel Expense: 1200.00
  • Gross Income: 68128.00
  • Gross Multiplier: 13.60
  • Gross Scheduled Income: 68128.00
  • Insurance Expense: 1500.00
  • Laundry Features: Community
  • Laundry Income: 120.00
  • Laundry YN: Yes
  • Listing Agent License: 01315042
  • Listing Office License: 01508014
  • Lot Features: Rectangular Lot
  • Lot Size Area: 4400.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 3266.00
  • Net Operating Income: 45834.00
  • New Taxes Expense: 11362.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 22428.00
  • Other Expense: 1200.00
  • Other Expense Description: Reserves
  • Property Attached YN: Yes
  • Rent Control YN: Yes
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 5676.00
  • Total Expenses: 22428.00
  • Uncovered Spaces: 4.00
  • Water Sewer Expense: 3000.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Re/Max Commercial & Investment, Olga Wright

DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Sheri McHale-Moody
RE/MAX Estate Properties

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

Contact Me





* fields are required

house realtor mls