Property Type:Residential Income (Multi-Family)
On Site:20 Days
Lot Size:3,001 Sq. Ft.
Office:Keller Williams Beverly Hills
Great opportunity for all buyers and investors to own a stunning remodeled duplex/ income property sitting on a CORNER lot with separate entrances in the sought-after San Pedro. The main front house is a spacious 2-bedroom, 1-bathroom and it has been completely remodeled w/ new kitchen, new cabinets, new doors and windows. The plumbing and electrical has been upgraded and the electrical panel, A/C & water heater is also new. The 1-bedroom, 1-bathroom ADU was built in 2019 (Permitted) and it has a separate entrance from the side street on 1307 W 3rd Street. Each residence has been nicely designed to provide a comfortable and relaxing living experience. This property promises an exciting future and is close to a variety of amenities, including shopping centers, restaurants, parks, and more. The West Harbor project is being built nearby with a $500 million private development which will replace the dated Ports O Call with over 40-acres of outdoor space, shopping and entertainment. Owner has an Airbnb license for both units making a steady yearly income of approximately $75K. Come enjoy the ocean breeze and the relaxed lifestyle in San Pedro with endless potential. Both units will be delivered vacant at the close of escrow.
$000 Monthly Payment
Loan and interest only.
Price Change History
|Date||Old Price||New Price||Percent Change|
Address:303 S Walker Ave, San Pedro, CA 90732
Area:187 - Holy Trinity
Building Area: 1192.0
Number of Buildings: 2
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $3,000 actual rent • $3,000 total rent • $3,000 pro forma
Unit 2: 2 Units • 1 Bed • 1 Bath • Unfurnished • $1,800 actual rent • $1,800 total rent • $1,800 pro forma
Unit 3: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $3,000 actual rent • $3,000 total rent • $3,000 pro forma
Unit 8: 2 Units • 1 Bed • 1 Bath • Unfurnished • $1,800 actual rent • $1,800 total rent • $1,800 pro forma
Features / Amenities
Appliances: Dishwasher, Microwave, Refrigerator, Washer
Flooring: Laminate, Stone
Laundry: Inside, Outside
Other Structures: Guest House
Common Walls: No Common Walls
Parking Features: Public
Lot Size: 0.07 Acres / 3,001 Sq. Ft.
Directions:Corner of S Walker Ave/ 3rd St in San Pedro
Tax and Financial Info
Cap Rate: 8.0
Gross Income: $75,000
Net Operating Income: $68,000
Land Lease: No
WALKING AND TRANSPORTATION
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