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473 W 21st Street

San Pedro, CA 90731
  • $858,000
  • STATUS: ACTIVE
  • ON SITE: 41 Days
  • ID#: SB24176071
UPDATED: 36 min ago
$858,000
  • 3
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

A well-maintained 3-plex in the highly desirable Point Fermin area of San Pedro is a great investment with strong rental income potential from day one... Two of the one-bedroom, one-bath units are already rented at $1,750 and $1,776 per month, while the vacant unit can be rented at market rates, potentially up to $2,407 under the Section 8 program. **For owner-occupants, the vacant unit provides an opportunity to live on-site while generating rental income. Each unit features its own water heater, upgraded kitchen and bathroom, and a private rear patio. Additionally, there are three attached garagesone currently rented for $160 per monthwhich could be converted into an Accessory Dwelling Unit (ADU) for added income. A well-maintained 3-plex in the highly desirable Point Fermin area of San Pedro is a great investment with strong rental income potential from day one... Two of the one-bedroom, one-bath units are already rented at $1,750 and $1,776 per month, while the vacant unit can be rented at market rates, potentially up to $2,407 under the Section 8 program. **For owner-occupants, the vacant unit provides an opportunity to live on-site while generating rental income. Each unit features its own water heater, upgraded kitchen and bathroom, and a private rear patio. Additionally, there are three attached garagesone currently rented for $160 per monthwhich could be converted into an Accessory Dwelling Unit (ADU) for added income.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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473 W 21st Street San Pedro, CA 90731

  • Price: $858,000
  • Status: ACTIVE
  • On Site: 41 Days
  • Updated: 36 min ago
  • ID#: SB24176071
3
Beds
0
Baths
0
½ Baths
0.12
Acres
Neighborhood:
San Pedro (90731)
County:
Los Angeles
Area:
San Pedro (90731)
Property Description
A well-maintained 3-plex in the highly desirable Point Fermin area of San Pedro is a great investment with strong rental income potential from day one... Two of the one-bedroom, one-bath units are already rented at $1,750 and $1,776 per month, while the vacant unit can be rented at market rates, potentially up to $2,407 under the Section 8 program. **For owner-occupants, the vacant unit provides an opportunity to live on-site while generating rental income. Each unit features its own water heater, upgraded kitchen and bathroom, and a private rear patio. Additionally, there are three attached garagesone currently rented for $160 per monthwhich could be converted into an Accessory Dwelling Unit (ADU) for added income. A well-maintained 3-plex in the highly desirable Point Fermin area of San Pedro is a great investment with strong rental income potential from day one... Two of the one-bedroom, one-bath units are already rented at $1,750 and $1,776 per month, while the vacant unit can be rented at market rates, potentially up to $2,407 under the Section 8 program. **For owner-occupants, the vacant unit provides an opportunity to live on-site while generating rental income. Each unit features its own water heater, upgraded kitchen and bathroom, and a private rear patio. Additionally, there are three attached garagesone currently rented for $160 per monthwhich could be converted into an Accessory Dwelling Unit (ADU) for added income.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Actual Cap Rate 5.73 Annual Expense Actual 15883 Buildings 1 Cfd Mello Roos Fee 363.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.8 Gross Scheduled Income Actual 65112 Home Owners Fees 0.0 Monthly Total Fees 30 Tenant Pays TrashElectricityGas/Propane Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1750.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 1776.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Olga Wright of Lyon Stahl Investment Real Estate, Inc.: 310-801-7373. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106