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Listing 5 out of 154
$950,000 For Sale

1437 S Mesa Street
San Pedro, CA 90731

4 units | Multi Family Home
4500 sq ft lot - MLS# SB19213462
Property Photo
1/14

Description

This 4-plex is located on the Northwest corner of 15th Street and Mesa Street in San Pedro. The building on the corner has two 1-bedroom apartments on the bottom floor and a 2-bedroom apartment on the top floor. The building to the back of the lot has 4 garages along the alley and upstairs is one 2-bedroom apartment. Exterior is stucco. Termite tenting was performed 11/30/2018 and a Notice of Work Completed can by supplied when an offer is submitted. This complex is fully occupied; please do not disturb the existing tenants.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 90731
  • Year Built: 1936
  • Subdivision/Neighborhood: Jordans Sub
  • Style: Contemporary
  • Stories: Two
  • Units: 4 units
  • # of Parking Spaces: 4.00
  • Lot Size: 4500 sq ft lot
  • Zoning: LAR2
  • Area: 185 - Plaza
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater
  • Appliances YN: Yes
  • Average 1 Bed Area: 785
  • Average 2 Bed Area: 1000
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3570.00
  • Building Area Units: Square Feet
  • Co-Listing Agent License: 01134361
  • Common Walls: 1 Common Wall
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Construction Materials: Stucco
  • Country: US
  • Directions: 110 Fwy South; Exit Gaffey Street left heading south; Left on 15th Street; property at corner of 15th and Mesa Streets
  • Electric: Electricity - On Property
  • Fence YN: Yes
  • Fencing: Wrought Iron
  • Flooring: Carpet, Vinyl, Wood
  • Foundation Details: Concrete Perimeter
  • Garage Spaces: 4.00
  • Gardener Expense: 600.00
  • Gross Income: 56268.00
  • Gross Multiplier: 16.89
  • Gross Scheduled Income: 56268.00
  • Heating: Wall Furnace
  • Heating YN: Yes
  • Insurance Expense: 2417.00
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01971193
  • Listing Office License: 00365553
  • Lot Dimensions: 45 X 100
  • Lot Features: 2-5 Units/Acre, Corner Lot, Level
  • Lot Size Area: 4500.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Maintenance Expense: 2400.00
  • Net Operating Income: 34596.00
  • New Taxes Expense: 9500.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Operating Expense: 21672.00
  • Parking Features: Assigned, Garage
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Property Condition: Termite Clearance
  • Rent Control YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Roof: Composition
  • Sewer: Public Sewer
  • Total Actual Rent: 4689.00
  • Total Expenses: 21672.00
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Walk Score: 79
  • Water Sewer Expense: 250.00
  • Water Source: Public
  • Window Features: Double Pane Windows
  • Year Built Source: Assessor
Courtesy of Henry Falkenstein & Assoc, Paul Falkenstein

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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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