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    565 W 15th Street

    San Pedro, CA 90731
    • $1,875,000
    • STATUS: Active
    • ON SITE: 5 Days
    • ID#: SB21220828
    New On Site 5 Days Ago
    UPDATED: 42 min ago
    $1,875,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:
    Area:

    School Ratings & Info

    Description

    What an investment opportunity! Here is your chance to buy a 9 unit income property in the heart of San Pedro. Four-two unit buildings plus a two story 2 bedroom home. 8 of the units are 1 bedroom units with family rooms. Nice center courtyard in middle of property allowing for yard space on a HUGE double lot (approx. 13,500 sf). Rents are solid but also opportunity for upside. All units are rented and no units will be provided vacant at close of escrow. Just minutes from DTSP, Cabrillo Marina, and the new LA Waterfront Development.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T23:25:14.947. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/122311931
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    565 W 15th Street San Pedro, CA 90731

    • Price: $1,875,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: SB21220828
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1917
    Built
    Neighborhood:
    185 - Plaza
    County:
    Los Angeles
    Area:
    185 - Plaza
    Property Description
    What an investment opportunity! Here is your chance to buy a 9 unit income property in the heart of San Pedro. Four-two unit buildings plus a two story 2 bedroom home. 8 of the units are 1 bedroom units with family rooms. Nice center courtyard in middle of property allowing for yard space on a HUGE double lot (approx. 13,500 sf). Rents are solid but also opportunity for upside. All units are rented and no units will be provided vacant at close of escrow. Just minutes from DTSP, Cabrillo Marina, and the new LA Waterfront Development.
    Exterior Features

    Carport Spaces 0 Construction Materials Stucco Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 10 Parking Features On Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Common Walls 1 Common Wall Cooling None Cooling YN No

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.2 Common Interest None Community Features Street LightsSuburbanSidewalks Contingency Seller May Consider A 1031 Exchange With Sale Of This Property. Buyer To Comply if Owner Decides To Pursue This Option Before Opening Escrow. Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 3600 Gross Scheduled Income 125700 Insurance Expense 3634 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms ConventionalOwner May Carry Net Operating Income 116704 New Construction YN No Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 9 Operating Expense 12596 Other Expense 600 Pest Control Expense 900 Pool Expense 0 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays ElectricityGasTrash Collection Total Actual Rent 10251 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 6000 Water Source Public Zoning Lar2

    Listing provided courtesy of Peter Hazdovac of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T23:25:14.947. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
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    Pasadena CA, 91101