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Sold for $525,000 Closed

669 W 31st Street
San Pedro, CA 90731

3 units | Multi Family Home
4792 sq ft lot - MLS# SB17157636
Property Photo
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Sold

Sold for $525,000 on Aug 4, 2017

Description

INVESTOR SPECIAL! Three charming cottages on a lot in the desirable Pt Fermin area just a few minutes away from Cabrillo Beach, The Korean Friendhip Bell and Pt Fermin Park. Front house is a 2 bedroom 1 bath with a finished basement and the rear two houses offer 1 bedroom and 1 bath each. There's also a 1 car garage and storage shed on the property.Property needs repairs and is priced accordingly. CASH offers only.

Features

  • # of Parking Spaces: 1.00
  • Area: 181 - Point Fermin
  • Average 1 Bed Area: 352
  • Average 2 Bed Area: 780
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1484
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Country: US
  • Directions: Gaffey St to 31st St
  • Garage Spaces: 1.00
  • Gardener Expense: 600
  • Gross Income: 3283
  • Gross Multiplier: 14.00
  • Gross Scheduled Income: 39396
  • Heating: Wall Heater, Yes
  • Insurance Expense: 1500
  • Laundry: Yes
  • Laundry Features: Inside
  • Listing Status: Closed
  • Lot Features: Back Yard, Front Yard
  • Lot Size Area: 4998.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: MR
  • Net Operating Income: 29496
  • New Taxes Expense: 7000
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 9900.00
  • Parking: Yes
  • Parking Features: Driveway
  • Parking Spaces: 1.00
  • Property Type: Multi Family Home
  • Rent Control: Yes
  • Roof: Composition, Shingle
  • Selling Agent: Armando Mendoza
  • Selling Office: Class A Realty Inc.
  • Sold Date: 2017-08-04 00:00:00
  • Sold Price: 525000
  • Sub Type: Multi Family Home
  • Total Actual Rent: 3283
  • Total Expenses: 9900.00
  • Units: 3
  • Water Sewer Expense: 1800
  • Water Source: Public
  • Year Built: 1924
  • Year Built Source: Assessor
  • Zip Code: 90731
  • Zoning: LARD2