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521 W 16TH St

San Pedro, CA 90731
  • $889,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 21-114797
UPDATED: 71 min ago
$889,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,985
    SQFT
  • $448
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Description

This is a perfect investor opportunity right near the upcoming waterfront promenade development in Port of Los Angeles/San Pedro. Here you'll find a 1920s Craftsman-style fourplex with 1BR/1BA units sitting between the hills of Palos Verdes and the Pacific Ocean. The property is a walk away from the marina and is also in close proximity to shopping, restaurants, and downtown San Pedro. Other local attractions nearby are Cabrillo beach, San Pedro Yacht Club, and Fort MacArthur Naval base. Each unit is occupied with long-term tenants that will be in place after the sale.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T23:42:24.28. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.haciendagroupinc.com/homes/124485687
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521 W 16TH St San Pedro, CA 90731

  • Price: $889,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 71 min ago
  • MLS #: 21-114797
4
Beds
0
Baths
0
½ Baths
0.1
Acres
1,985
SQFT
$448
$/SQFT
1922
Built
Neighborhood:
Plaza
County:
Los Angeles
Area:
Plaza
Property Description
This is a perfect investor opportunity right near the upcoming waterfront promenade development in Port of Los Angeles/San Pedro. Here you'll find a 1920s Craftsman-style fourplex with 1BR/1BA units sitting between the hills of Palos Verdes and the Pacific Ocean. The property is a walk away from the marina and is also in close proximity to shopping, restaurants, and downtown San Pedro. Other local attractions nearby are Cabrillo beach, San Pedro Yacht Club, and Fort MacArthur Naval base. Each unit is occupied with long-term tenants that will be in place after the sale.
Exterior Features

Direction Faces North Levels Ground Level Lot Size Area 4385 Other Structures None Parking Garage On Street Style Bungalow Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Cooling None Equipment RefrigeratorBuilt-InsDishwasherWasher Fireplace Rooms None Flooring CarpetLinoleum Heating Wall Gas Laundry In Unit

Property Features

Assessed Total Value 627615 Gardener Expense 720.00 Gross Income 48000 Gross Operating Income 48000 Insurance Expense 1274.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Maintenance Expense 500.00 Net Operating Income 35706.00 Number Of Buildings 4 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 12294 Type Of Units One Bedroom Water Expense 1800.00 Year Built Source Vendor Enhanced Zoning Lard2

Listing provided courtesy of Heather Presha DRE#01493661 of Keller Williams Inglewood.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-23T23:42:24.28. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253