708 W 32nd Street, San Pedro, CA 90731

$1,499,000
List Price
$1,499,000
Status
ACTIVE UNDER CONTRACT
MLS#
SB21230497
Year Built
1964
Lot Size
4,999
Acres
0.11
Lot Location
Paved, Walkstreet
Days on Market
47
Property Type
Multifamily
Stories
Two Levels

Property Description

Meticulously maintained 4plex with all Townhouse-style spacious 2-bedroom units, present an excellent investment opportunity. Unobstructed ocean views, high-end unit remodel and prime Point Fermin location command premium rents and in high demand among renters. Property generates an excellent rental income of $8,645 per months plus additional income from 2-car garage and common laundry (Landlord-owned equipment). Property is separately metered for gas and electric and Landlord has minimal expenses. There is an additional vacant room that is currently used as a storage and can be easily converted into 1-bedroom Junior ADU to bring additional income.

Additional Information

Pool Description
None
View
City Lights, Coastline, Ocean
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$103,740
Operating Expense
31963

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Olga Wright from Lyon Stahl Investment Real Estate, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.