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$649,000 Active Under Contract

485 N Walker Avenue
San Pedro, CA 90732

2 units | Multi Family Home
0.11 acre lot - MLS# SB17105406
Property Photo
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Description

PERFECT OPPORTUNITY FOR AN OWNER-OCCUPANT! Two super charming Spanish stucco homes on an elevated corner lot in Prime Holy Trinity location. New owner can move right into the 2 bedroom 1 bath main home while collecting rent from the house in the back. Both homes feature hardwood floors throughout, bright kitchen with tile counters and flooring, laundry room and private patio. Rear house is very similar to the front house and offers 1 bedroom and 1 bathroom. Both homes come with a 1 car garage. This one makes perfect sense for a first-time buyer who can use the $1433 rent from the rear house to subsidize the mortgage payment. A super sweet property!

Features

  • Zoning: LAR1
  • Parking Features: Garage
  • Parking: Yes
  • Operating Expense: 12700.00
  • Number Of Separate Water Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Buildings: 2
  • New Taxes Expense: 7800
  • Net Operating Income: 29696
  • MLS: MR
  • Lot SqFt: 4800.312
  • Lot Size Units: Square Feet
  • Parking Spaces: 4.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Multi Family Home
  • Zip Code: 90732
  • Year Built Source: Assessor
  • Year Built: 1930
  • Water Source: Public
  • Water Sewer Expense: 2500
  • Units: 2
  • Total Expenses: 12700.00
  • Total Actual Rent: 3533
  • Sub Type: Multi Family Home
  • Style: Spanish
  • Roof: Spanish Tile, Tar/Gravel
  • Rent Control: Yes
  • Lot Size Source: Assessor
  • Lot Size Area: 4802.0000
  • Country: US
  • Construction Materials: Frame, Stucco
  • Community Features: Curbs, Street Lighting
  • Building Area Units: Square Feet
  • Building Area Total: 1375
  • Average Studio Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 2 Bed Area: 747
  • Average 1 Bed Area: 628
  • Area: 187 - Holy Trinity
  • Appliances: Free Standing Range, Yes
  • Directions: Western Ave to Summerland to Walker
  • Exterior Features: Awning
  • Flooring: Tile, Wood
  • Lot Features: Corner Lot, Landscaped, Yard
  • Listing Status: Active Under Contract
  • Laundry Features: Area, Inside
  • Laundry: Yes
  • Insurance Expense: 1200
  • Heating: Floor Furnace, Yes
  • Gross Scheduled Income: 42396
  • Gross Multiplier: 15.30
  • Gross Income: 3533
  • Gardener Expense: 1200
  • Garage Spaces: 2.00
  • Foundation Details: Raised
  • # of Parking Spaces: 4.00
Based on information from California Regional Multiple Listing Service, Inc. as of 2017-08-21. 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.