735 W 2nd Street,  San Pedro CA, 90731 (Residential Income)

5,132 sqft
Status: Sold
MLS#: SB14175547
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Last Updated: 12/11/2016 12:07 AM
Description for 735 W 2nd Street San Pedro, CA 90731
Pride of ownership NON-rent controlled property built in 1979. Great unit mix of five two bedrooms/ one bathroom, and one non-conforming studio apartment, three of the units have nice views from the balconies. Top unit was renovated with hardwood floors and has harbor views from the patio. All units are in a good condition. All rents are considerably below market and can be raised at any time to market rates by giving a 30-day written notice Entire building has copper plumbing and separately metered for electric. It is master metered for gas and water. There are 5 carport parking spaces. There are three storage spaces. One of which (the smallest) is currently rented at $40. The other two (large spaces) are used by the owner and will be cleared by the close of escrow. They can be rented at an additional amount of approximately $100/mo. for medium size and $150/mo for large size storage
Price
Sold Price:
$975,000
Sold Date:06/24/2015
Los Angeles
5,132 (approx)
SB14175547
Closed
Description
Pride of ownership NON-rent controlled property built in 1979. Great unit mix of five two bedrooms/ one bathroom, and one non-conforming studio apartment, three of the units have nice views from the balconies. Top unit was renovated with hardwood floors and has harbor views from the patio. All units are in a good condition. All rents are considerably below market and can be raised at any time to market rates by giving a 30-day written notice Entire building has copper plumbing and separately metered for electric. It is master metered for gas and water. There are 5 carport parking spaces. There are three storage spaces. One of which (the smallest) is currently rented at $40. The other two (large spaces) are used by the owner and will be cleared by the close of escrow. They can be rented at an additional amount of approximately $100/mo. for medium size and $150/mo for large size storage
Listing Information
Property Type: Cluster, 2 Story
0.07 Acres 3,126 sq.ft. 5,132 (approx)
1979 2
Water Meter, Public Water Service
Sewer at Street
Natural Gas
6 Total
Neighborhood
Room Information
Common, Hookups in Laundry Room
Interior Features
None
Wall Unit
Exterior / Lot Features
5 Parking Spaces, Assigned Parking Space
None
No Pool
Suburban
Financial Considerations
7451015012
$13,708
$77,000 Income ,$26,904Expense
Listing Price History

San Pedro Real Estate

San Pedro is located in California. San Pedro, California 90731 has a population of 79,165.

The median household income in San Pedro, California 90731 is $67,991. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in San Pedro 90731 is 41 years.

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Courtesy: Re/Max Commercial & Investment Olga Wright
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