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$499,900 Active Under Contract

922 W 2nd Street
San Pedro, CA 90731

2 units | Multi Family Home
4792 sq ft lot - MLS# SB17153184
Property Photo
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Description

NO RENT CONTROL! Property is located in the LA County strip so LA City rent control does not apply. Perfect opportunity for an owner-occupant to live in the charming cottage-style front home while collecting rent from the rear unit located above two car garage. Freshly painted exteriors. Large fenced yard with room to park additional vehicles. Seller will not serve notice or vacate units prior to close of escrow. That will be buyer's responsibility. Being sold "as-is".

Features

  • # of Parking Spaces: 2.00
  • Area: 187 - Holy Trinity
  • Average 1 Bed Area: 480
  • Average 2 Bed Area: 1148
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1628
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Cooling: Wall Window, Yes
  • Country: US
  • Direction Faces: South
  • Directions: 1st St to Bandini. Bandini to 2nd St.
  • Electric Expense: 2400
  • Flooring: Wood
  • Foundation Details: Raised
  • Garage Spaces: 2.00
  • Gross Income: 2785
  • Gross Multiplier: 15.50
  • Gross Scheduled Income: 33420
  • Heating: Wall Heater, Yes
  • Insurance Expense: 1500
  • Laundry: Yes
  • Laundry Features: Inside
  • Listing Status: Active Under Contract
  • Lot Features: Front Yard, Lot-Level/Flat, Yard
  • Lot Size Area: 4993.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SqFt: 4991.976
  • MLS: MR
  • Net Operating Income: 20520
  • New Taxes Expense: 6000
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 12900.00
  • Parking Spaces: 2.00
  • Property Type: Multi Family Home
  • Rent Control: Yes
  • Roof: Composition, Shingle
  • Style: Cottage
  • Sub Type: Multi Family Home
  • Total Actual Rent: 2785
  • Total Expenses: 12900.00
  • Trash Expense: 600
  • Units: 2
  • Water Sewer Expense: 1800
  • Water Source: Public
  • Year Built: 1905
  • Year Built Source: Assessor
  • Zip Code: 90731
  • Zoning: LCR2YY