Property Type:Residential Income (Multi-Family)
Lot Size:0.11 Acres
This is an opportunity for an investor or owner-user to purchase a 3-unit property located in the heart of San Pedro. This opportunity also allows for a potential investor to obtain residential financing. The Front consists of (1) three bedroom/two-bathroom and an attached downstairs room in which the whole building may be occupied by an owner-user, rented out to one tenant or may be permitted* as a separate unit. Both units have a brand-new modern kitchen with granite counter-tops, stainless steel appliances, and easy garage/front lawn access. The Back building has two legal units that are occupied and there is an attached rec/laundry room. Occupied units consist of (1) two bedroom/one-bathroom and (1) one bedroom/one-bathroom. The two-bedroom unit is located upstairs with a spacious kitchen, granite counter-tops, and new appliances. The one-bedroom unit downstairs has easy access.
Address:674 W 22nd Street San Pedro, CA 90731
Area:(193) San Pedro - North
Total Units: 3
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$2,000 actual rent•$2,000 total rent•$3,000 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,250 actual rent•$1,250 total rent•$1,850 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•Unfurnished•$750 actual rent•$750 total rent•$1,300 pro forma
Unit 4: 1 Unit•1 Bath•Unfurnished•$900 pro forma
Unit 5: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,150 pro forma
Features / Amenities
Cooling Type: See Remarks
Lot Size: 0.11 Acres / 4792 Sq. Ft.
Directions:Off Gaffey and 22nd.
Tax and Financial Info
Total Expenses: 17720.00
Gross Operating Income: 50133.00
WALKING AND TRANSPORTATION
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Listing Information Last Updated 2/25/2020
Listing provided courtesy of David Harrington, Matthews Real Estate Investmen.
Based on information from California Regional Multiple Listing Service, Inc. as of February 25, 2020. 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. IDX provided by Sierra Interactive.