Residential Income Details
SELLER IS MOTIVATED...SELLER SAYS SELL!! PRICED TO SELL IMMEDIATELY, BEST VALUE IN SAN PEDRO FOR NON RENT CONTROL!! This beautiful three unit building features a Cape Cod style architecture, with no rent control! The remodeled, front house is perfect for an owner user with 3 bedrooms, 2.5 bathrooms featuring 12 ft. ceilings, wood-floors, Corian countertops and upgraded appliances. There are two back units, one 2 bedrooms, 2 bathrooms AND one 2 bedrooms, 1.5 bathrooms. Rents are currently $2,000 for the 2 bed 1.5 bath and $2,100 for the 2 bed 2 bath. The front unit pro forma is estimated at $2,850. This totals $6,950 per month income and $83,400 per year. 13.13 times gross and a 6.2% return/CAP. There are also 3 garages, with 2 tandem parking spaces each. San Pedro is undergoing major re-development and this property will make for a great investment!
|Number of Units||3|
|Status||Active Under Contract|
|Listing Brokerage||Keller Williams Realty|
|Listing Agent||Gordon Inman|
|Listing Agent BRE #||00446156|
|Co-Listing Agent||Keith Kelley|
|Co-Listing Agent BRE #||1810798|
Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, September 1, 2018.
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.
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