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6 units | Multi Family Home 5179 sq ft - MLS# SB17270731
1/1
Sold
Sold for $1,350,000
on Jan 16, 2018
Description
FIRST TIME ON THE MARKET SINCE IT WAS BUILT IN 1975! This fabulous 6 unit building is a true pride-of-ownership property that the current owner has enjoyed for 42 years. The four 2 bedroom 2 bath units feature a spacious living room with balcony, master bedroom with 3/4 bath and ample storage. The two 1 bedroom 1 bath units are also spacious and well designed. Upper-level units feature harbor and ocean views. Ground-floor features 7 garage spaces (one kept by owner) community laundry room with coin-operated equipment, multiple storage rooms,and a former bootleg studio that makes a great office or additional storage room. There are also two uncovered parking spaces for a total of 9 parking spaces. The rents are well below market but it's priced accordingly and there's a ton of upside. Building is subject to LA City Rent Control and is also on the LA City Soft-Story Retrofit list. See supplements for more information.
Features
# of Parking Spaces: 9.00
Appliances: Free Standing Range, Yes
Area: 183 - Vista Del Oro
Average 1 Bed Area: 750
Average 2 Bed Area: 1000
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Total: 5542.00
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Community Features: Curbs, Street Lighting
Country: US
Directions: 9th St between Meyler and Alma
Electric Expense: 1200.00
Flooring: Carpet, Laminate, Tile
Foundation Details: Slab
Fuel Expense: 840.00
Garage Spaces: 7.00
Gardener Expense: 1980.00
Gross Income: 6095.00
Gross Multiplier: 17.00
Gross Scheduled Income: 73140.00
Heating: Radiant, Yes
Insurance Expense: 2000.00
Laundry: Yes
Laundry Features: Community, See Remarks
Listing Agent License: 01086159
Listing Office License: 01501084
Listing Status: Closed
Lot Features: Lot-Level/Flat
Lot Size: 0.1189
Lot Size Source: Assessor
Lot Size Units: Square Feet
MLS: CRM
Net Operating Income: 46240.00
New Taxes Expense: 15000.00
Number Of Buildings: 1
Number Of Separate Electric Meters: 7
Number Of Separate Gas Meters: 7
Number Of Separate Water Meters: 1
Operating Expense: 26900.00
Parking Spaces: 9.00
Pest Control Expense: 840.00
Property Attached: Yes
Property Type: Multi Family Home
Rent Control: Yes
Road Frontage Type: City Street
Roof: Composition, Tile
Room Type: Master Bathroom
Selling Agent: Gary Krill
Selling Agent License: 01086159
Selling Office: Keller Williams Realty
Selling Office License: 01501084
Sold Date: 2018-01-16 00:00:00
Sold Price: 1350000.00
Sub Type: Multi Family Home
Total Actual Rent: 6095.00
Total Expenses: 26900.00
Trash Expense: 2760.00
Uncovered Spaces: 2.00
Units: 6
Water Sewer Expense: 1980.00
Water Source: Public
Year Built: 1975
Year Built Source: Assessor
Zip Code: 90731
Zoning: LARD1.5
View: Harbor,Ocean, Yes
Gary Krill
Gary Krill Jr.
Krill & Assoc./Keller Williams Realty
702 S. Weymouth Ave.
San Pedro, CA 90732
(310) 732-1202 Office
(310) 994-3922 Cell
(310) 832-7682 Fax
Email: gary@sellnsp.com
Based on information from California Regional Multiple Listing Service, Inc. as of 2018-04-20. 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.