473 N Bandini Street

San Pedro, CA 90731 View Map $920,000 Ask a Question
Acres0.1
Year1965
473 N Bandini Street San Pedro, CA 90731 | MLS SB19134579 Photo 1
473 N Bandini Street San Pedro, CA 90731 | MLS SB19134579 Map
Greg Geilman

Greg Geilman

(310) 853-3073
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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:SB19134579
Date Sold:9/12/2019
Lot Size:0.1 Acres
County:Los Angeles
Subject property is a 4-unit apartment complex built in 1965 (Subject to Rent Control). The property has on-site surface parking for all units and laundry room with washer and dryer owned by Landlord that generates $120 per month in additional income. The Building has a favorable unit mix of 2 bedroom 1 bath units. Actual rental income is as of October 1, 2019. Proforma rental income is based on market rents.
This property is walking distance to Bandini Street Elementary school and several places of worship.

Detailed Maps

Community Information

Address:473 N Bandini Street San Pedro, CA 90731
Area:(187) Holy Trinity
County:Los Angeles
City:San Pedro
Zip Code:90731

Architecture

Year Built:1965
Stories:Two
Total Units: 4
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,659 actual rent•$1,659 total rent•$1,700 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,157 actual rent•$1,157 total rent•$1,700 pro forma
Unit 3: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,547 actual rent•$1,547 total rent•$1,700 pro forma
Unit 4: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,313 actual rent•$1,313 total rent•$1,700 pro forma

Features / Amenities

Common Walls: 2+ Common Walls
Parking Total: 4

Property Features

Lot Size: 0.1 Acres / 4400 Sq. Ft.
Lot Features: Rectangular Lot
Lot Number: 21
Sewer: Public Sewer
Water: Public
Zoning:LARD1.5
Directions:South of Summerland Ave; Between Western Ave and Gaffey St

Tax and Financial Info

Land Lease: No
Electric Expense: 900.00
Insurance Expense: 1500.00
Maintenance Expense: 3266.00
Water / Sewer Expense: 3000.00
Other Expense: 1200.00
Total Expenses: 22428.00
Gross Annual Income: 68128.00
Laundry Income: 120.00

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 2/27/2020
Listing provided courtesy of Olga Wright, RE/MAX Commercial & Investment.
Based on information from California Regional Multiple Listing Service, Inc. as of February 27, 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.