2523 S Cabrillo Avenue

    San Pedro, CA 90731
    • $740,000
    • STATUS: Active Under Contract
    • ON SITE: 21 days
    • ID#: SB18153522
    Under Contract
    UPDATED: 17 min ago
    $740,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,956
      SQFT
    • $378
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Unique Oasis multi-family income property in San Pedro Palisades area! Corner Lot with 3 separate buildings and addresses +G- House at 2523 S. Cabrillo is approx. 1305 s.f. with 2 beds/2 baths plus bonus rooms and has interior laundry. Built 1910, completely remodeled 2005 +G- Apartment at 810 W. Hamilton is approx. 651 s.f. with 2 beds/1 bath. Built 1946, remodeled ca. 2001 +G- Cottage Studio at 806 W. Hamilton is approx. 200 s.f. with bath and kitchenette. Build year unknown. This unit was painted, floors tiled and kitchenette remodeled 2017 +G- There is a separate shared laundry room for Apartment & Cottage Studio occupants' use. Currently washer and dryer are not coin-operated +G- 3 single-car garages, two may be rented separately for additional income +G- Tranquil, shared interior courtyard landscaped with native and drought-tolerant plants and trees +G- 2 Electric Meters, 2 Gas Meters, 2 Water Meters +G- Per L.A. County Assessor, this parcel is a Duplex. Property is subject to Los Angeles City Rent Control Ordinance. This is a very special investment opportunity!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T09:27:19.353. 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.
    www.playavistaliving.com/homes/85072327

    2523 S Cabrillo Avenue San Pedro, CA 90731

    • Price: $740,000
    • Status: Active Under Contract
    • Updated: 17 min ago
    • ID#: SB18153522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,956
    SQFT
    $378
    $/SQFT
    1910
    Built
    Neighborhood:
    180 - Palisades
    County:
    Los Angeles
    Area:
    180 - Palisades
    Property Description
    Unique Oasis multi-family income property in San Pedro Palisades area! Corner Lot with 3 separate buildings and addresses +G- House at 2523 S. Cabrillo is approx. 1305 s.f. with 2 beds/2 baths plus bonus rooms and has interior laundry. Built 1910, completely remodeled 2005 +G- Apartment at 810 W. Hamilton is approx. 651 s.f. with 2 beds/1 bath. Built 1946, remodeled ca. 2001 +G- Cottage Studio at 806 W. Hamilton is approx. 200 s.f. with bath and kitchenette. Build year unknown. This unit was painted, floors tiled and kitchenette remodeled 2017 +G- There is a separate shared laundry room for Apartment & Cottage Studio occupants' use. Currently washer and dryer are not coin-operated +G- 3 single-car garages, two may be rented separately for additional income +G- Tranquil, shared interior courtyard landscaped with native and drought-tolerant plants and trees +G- 2 Electric Meters, 2 Gas Meters, 2 Water Meters +G- Per L.A. County Assessor, this parcel is a Duplex. Property is subject to Los Angeles City Rent Control Ordinance. This is a very special investment opportunity!
    Exterior Features

    Architectural Style CraftsmanSee Remarks Construction Materials Wood Siding Exterior Features Rain Gutters Fence YN Yes Fencing BlockVinyl Foundation Details Raised Garage Spaces 3.00 Lot Features Corner LotGardenLandscapedLot Shape-IrregularLot-Level/FlatSprinklers Drip System Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageStreet Parking Total 3.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Alley Paved Roof Composition View CourtyardHarborNeighborhoodPeek-A-Boo View YN Yes

    Interior Features

    Appliances DishwasherGarbage DisposalGas StoveGas Water HeaterRefrigeratorTankless Water Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features See Remarks Fireplace YN Yes Flooring BambooTileWood Heating Central FurnaceWall HeaterNatural Gas Heating YN Yes Interior Features Ceiling Fan Laundry Features CommunityDryer IncludedGas Dryer HookupIndividual RoomInsideSee RemarksWasher HookupWasher Included Levels Two Window Features Double Pane WindowsWood Frame Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.36 Community Features CurbsSidewalksStorm DrainsSuburban Country Us Electric Expense 336.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 51000.00 Gross Scheduled Income 51000.00 Insurance Expense 1588.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 0.00 Laundry YN Yes Net Operating Income 32250.00 New Taxes Expense 9250.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Number With Dishwasher 2 Number With Disposal 3 Number With Patio 3 Number With Range 2 Number With Refrigerator 3 Operating Expense 18750.00 Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Total Actual Rent 31956.00 Total Expenses 9500.00 Trash Expense 960.00 Utilities Cable AvailableSewer ConnectedWater Connected Water Sewer Expense 1284.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Andrea Kowalski of Golden West Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-19T09:27:19.353. 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.
     
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