1216 N Park Western Drive

    San Pedro, CA 90732
    • $999,000
    • STATUS: Active
    • ON SITE: 184 days
    • ID#: SB17194797
    $999,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,132
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Great income property with views of the harbor located in a highly desirable area of San Pedro. All 4 units are nicely sized which include 1 unit with 3 beds and 2 baths. While the other 3 units offer 2 beds and 1 bath. Close to most shopping centers and the 110 Freeway, property appeals to many renters looking to live in the area. Building exterior is freshly painted and some upgrades have been made to the interior which includes new tile flooring. 4 units, under 1 roof means less maintenance... this is an excellent opportunity for a long term investment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T00:28:07.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/76155347

    1216 N Park Western Drive San Pedro, CA 90732

    • Price: $999,000
    • Status: Active
    • ID#: SB17194797
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,132
    SQFT
    $242
    $/SQFT
    1964
    Built
    Neighborhood:
    193 - San Pedro - North
    County:
    Los Angeles
    Area:
    193 - San Pedro - North
    Property Description
    Great income property with views of the harbor located in a highly desirable area of San Pedro. All 4 units are nicely sized which include 1 unit with 3 beds and 2 baths. While the other 3 units offer 2 beds and 1 bath. Close to most shopping centers and the 110 Freeway, property appeals to many renters looking to live in the area. Building exterior is freshly painted and some upgrades have been made to the interior which includes new tile flooring. 4 units, under 1 roof means less maintenance... this is an excellent opportunity for a long term investment.
    Exterior Features

    Foundation Details Slab Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features UncoveredOff Street Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Spa Features None Spa YN No View HarborTrees/Woods View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Heater Heating YN Yes Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 6.40 Community Features CurbsSidewalks Country Us Electric Expense 2000.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 67596.00 Gross Multiplier 14.78 Gross Scheduled Income 67596.00 Insurance Expense 1000.00 Land Lease YN No Laundry YN Yes Net Operating Income 63596.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 4000.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 5468.00 Total Expenses 8700.00 Trash Expense 0.00 Water Sewer Expense 2500.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Sam Alkhazraji of Keller Williams Realty and Dallas Brock of Keller Williams Rlty/La Harbor.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T00:28:07.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003