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Sold for $642,000 Closed

485 N Walker Avenue
San Pedro, CA 90732

2 units | Multi Family Home
4792 sq ft lot - MLS# SB17105406
Property Photo
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Sold

Sold for $642,000 on Sep 5, 2017

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

  • # of Parking Spaces: 4.00
  • Appliances: Free Standing Range, Yes
  • Area: 187 - Holy Trinity
  • Average 1 Bed Area: 628
  • Average 2 Bed Area: 747
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1375.00
  • Building Area Units: Square Feet
  • Community Features: Curbs, Street Lighting
  • Construction Materials: Frame, Stucco
  • Country: US
  • Directions: Western Ave to Summerland to Walker
  • Exterior Features: Awning
  • Flooring: Tile, Wood
  • Foundation Details: Raised
  • Garage Spaces: 2.00
  • Gardener Expense: 1200.00
  • Gross Income: 3533.00
  • Gross Multiplier: 15.30
  • Gross Scheduled Income: 42396.00
  • Heating: Floor Furnace, Yes
  • Insurance Expense: 1200.00
  • Laundry: Yes
  • Laundry Features: Area, Inside
  • Listing Status: Closed
  • Lot Features: Corner Lot, Landscaped, Yard
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SqFt: 4800.312
  • MLS: MR
  • Net Operating Income: 29696.00
  • New Taxes Expense: 7800.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 12700.00
  • Parking: Yes
  • Parking Features: Garage
  • Parking Spaces: 4.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Multi Family Home
  • Rent Control: Yes
  • Roof: Spanish Tile, Tar/Gravel
  • Selling Agent: Gary Krill
  • Selling Office: Keller Williams Realty
  • Sold Date: 2017-09-05 00:00:00
  • Sold Price: 642000.00
  • Style: Spanish
  • Sub Type: Multi Family Home
  • Total Actual Rent: 3533.00
  • Total Expenses: 12700.00
  • Units: 2
  • Water Sewer Expense: 2500.00
  • Water Source: Public
  • Year Built: 1930
  • Year Built Source: Assessor
  • Zip Code: 90732
  • Zoning: LAR1