989 2nd Street, San Pedro, CA 90731
  • MLS#: OC25136753 ( Triplex )
  • Street Address: 989 2nd Street
  • Viewed: 1
  • Price: $3,585,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 8
  • Additional Information
  • County: LOS ANGELES
  • City: San Pedro
  • Zipcode: 90731
  • Provided by: Alliance Investment RE Group
  • Contact: Ruben Ruben
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    PORTFOLIO SALE 3 SIDE BY SIDE TRIPLEXES ON SEPARATE APNs: We are pleased to offer for sale this well located property portfolio in the highly desirable Holy Trinity rental market of San Pedro. This asset consists of 3 Triplexes on 3 separate APNs 977, 983 and 989 2nd Street. There's also an excellent unit mix of ALL SINGLE STORY 2 bedroom units 6 of which have been completely renovated with new kitchens, bathrooms, and flooring! The exterior has also been renovated with new paint, and vinyl windows. There is also central A/C units and in unit washer and dryer hook ups in each unit and garages for tenants to enjoy. The property is also individually metered for gas and electric along with individual water heaters for each unit which keeps operating expenses low for the owner. Actual in place rents are also very strong allowing a new owner to have great cash flow from day 1 without the need to significantly raise rents. Property also qualifies for 30 year fixed residential financing. Property is centrally located near 110 freeway, 710 freeway, Vincent Thomas Bridge as well as major shopping centers, international Cruise Ship Terminals, and the San Pedro Waterfront development. INVESTORS WELCOME!
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Features
Additional Parcels Description
  1. 7451013002
  2. 7451013031
Association Fee
  1. 0.00
Building Area Total
  1. 6930.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 1000.00
Entry Location
  1. Ground
Flooring
  1. Vinyl
Fuel Expense
  1. 1000.00
Garage Spaces
  1. 6.00
Insurance Expense
  1. 4000.00
Laundry Features
  1. In Kitchen
Levels
  1. One
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 67352.00
Number Of Separate Electric Meters
  1. 10
Parcel Number
  1. 7451013030
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 2302
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Triplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 441191361:CRM
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalexpenses
  1. 76764.00
Trash Expense
  1. 3500.00
Water Sewer Expense
  1. 12000.00
Water Source
  1. Public
Year Built
  1. 1959
Year Built Source
  1. Assessor
Zoning
  1. LCC2*