Back to Saved Search
Listing 10 out of 176
Sold for $683,009 Sold

3009 S Pacific Avenue
San Pedro, CA 90731

4 units | Multi Family Home
5001 sq ft lot - MLS# SB19135894
Property Photo

Sold

Sold for $683,009 on Aug 9, 2019

Description

Buyer backed out. This is Your Gain! Fantastic location with an upside on the rents. Or build 2 story multiunit residences. Many possibilities, check with city. Longtime tenants. Upgraded 3 years ago with newer carpeting, new exterior paint, new door covers, tented for termites. Interior units are in very good condition. Tenants pay on time. Each of the 4 units is one bedroom one bath. Kitchen has white tile and cabinets in good condition. All rooms are in good condition also. Solid construction. Rents provided ($33,321) will be effective September 2019 due to 4% increase in rents. Pro forma is approx. $1,500/each. (Actual rents are $32,040/annual). Appliances belong to tenants. Five car parking onsite. Nearby & in construction is the $ Billion+ San Pedro Waterfront project, also nearby is the downtown San Pedro Farmer's Market, walking distance to Cabrillo Beach and Cabrillo Marina, Point Fermin and White Point Parks. Long Beach is right over the nearby Vincent Thomas Bridge. Easy access to Terranea and the Trump National Golf Course. Easy access to LAX, the 110, 91 and 405 Freeways, and express buses to downtown L.A. Great upside and well located for owner occupier. Property subject to rent control. All info deemed accurate, not guaranteed. Offer is subject to inspection and cancellation of existing escrow.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $625,000
  • Zip Code: 90731
  • Year Built: 1956
  • Stories: One
  • Units: 4 units
  • # of Parking Spaces: 5.00
  • Lot Size: 5001 sq ft lot
  • Zoning: LAR1
  • Area: 181 - Point Fermin
  • Average Studio Area Units: Square Feet
  • Average1Bed Area: 500
  • Average2Bed Area Units: Square Feet
  • Average3Bed Area Units: Square Feet
  • Building Area Total: 2000.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Military Land, Sidewalks, Storm Drains, Street Lights
  • Country: US
  • Directions: Pacific Ave. between 28th and 30th St.
  • Entry Level: 1
  • Entry Location: Ground Floor
  • Flooring: Carpet
  • Gross Income: 33321.00
  • Gross Scheduled Income: 33321.00
  • Insurance Expense: 1076.00
  • Listing Agent License: 01396050
  • Listing Office License: 02055351
  • Lot Dimensions: 50X100
  • Lot Features: 2-5 Units/Acre
  • Lot Size Area: 5000.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 30324.00
  • New Taxes Expense: 7812.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 2997.00
  • Property Attached YN: Yes
  • Rent Control YN: Yes
  • Road Frontage Type: City Street
  • Room Type: All Bedrooms Down, Kitchen, Library
  • Selling Agent: Edward Uriarte
  • Selling Agent License: 01102702
  • Selling Office: Compass
  • Sewer: Public Sewer
  • Stories Total: 1
  • Total Expenses: 11045.00
  • Trash Expense: 943.00
  • Uncovered Spaces: 5.00
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Sewer Expense: 943.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Date: 2019-08-09
  • Sold Price: 683009.00
Courtesy of The Duran Reed Firm, Inc., Clara Duran-Reed

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