10
See all 10 photos
Listed by CRAIG PHILLIPS • LEE & ASSOC. COMM. R.E. SERV.
$1,445,000
Est. payment /mo
3,144 SqFt
Active
3531 South Peck Avenue San Pedro, CA 90731
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
11/22/2024 03:52 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,144 sqft
Price per Sqft $459
MLS Listing ID WS-24152160
Year Built 1950
Lot Size 8,751 Sqft
Property Description
3531 S Peck Ave & 708 W 36th St, San Pedro. These two separate parcels feature 4 units (1BR / 1BA) with a total building area of approximately 3,144 SF and situated on approximately 8,751 SF of land. Located in the desirable coastal neighborhood of Point Fermin in San Pedro, this unique investment opportunity is located adjacent to a park on the west, near beaches and local amenities, highly attractive to potential renters or a potential owner user. These properties have partial ocean views and are situated on uncommonly larger plots of land for coastal cities offering potential for ADU additions or further development. The total gross income expected is approximately $83,228 per year with Peck Rd units between $2067 - $2195 per month whereas 36th St is below market at $1,281 - $1,392. Each tenant is responsible for electricity (separately metered ) and the landlord pays for common area electricity, water/sewer, and gas. New owners seeking an immediate NOI boost can utilized "ratio utility billing" for utility charges beared by the landlord. Earlier this year, the owners spend $32,000 on a new roof and $6,000 on landscaping.
Location
State CA
County Los Angeles
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Park, Sidewalks, Storm Drains, Street Lights, Urban, Watersports
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
GET MORE INFORMATION