Beds3
Baths2
Sq.Ft.1,192
Year1920
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Status:
Active
Property Type:Residential Income (Multi-Family)
MLS #:23332477
Sq. Feet:1,192
On Site:20 Days
Lot Size:3,001 Sq. Ft.
County:Los Angeles
Listing Agent/Office
Agent:Omid Abazari
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.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 12/1/2023 | $849,000 | $829,000 | -2.4% |
Community Information
Address:303 S Walker Ave, San Pedro, CA 90732
Area:187 - Holy Trinity
County:Los Angeles
City:San Pedro
Zip Code:90732
Architecture
Bedrooms:
3
Bathrooms:
2
Year Built:1920
Stories:1
Style:Traditional
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
Rooms
| Living Room |
Property Features
Lot Size:
0.07 Acres / 3,001 Sq. Ft.
Lot Dimensions:30x100
View: Trees/Woods
Zoning:LCR1*
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
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303 S Walker Ave San Pedro, CA 90732
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Based on information from California Regional Multiple Listing Service, Inc. as of December 4, 2023. 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.
