Property listed by Lyon Stahl Investment Real Estate, Inc., Olga Wright 310-425-9838
735 W 30th Street
San Pedro, CA 90731
$1,350,000
Spacious 4,886 SF with ocean and harbor views, this well-maintained 4-plex in San Pedro’s PRIME sought-after Point Fermin neighborhood offers an exceptional owner-user or investment opportunity. The property features a desirable unit mix: (1) 3-bed/2-bath, (2) 2-bed/2-bath, and (1) 1-bed/1-bath units. The spacious owner’s unit includes an enclosed terrace and… Read More arched walkways....Additional highlights include three tandem garages (6 spaces total), one exterior parking spot, washer/dryer hookups in each unit, and separate gas and electric meters. With over 67% upside in monthly rental income and a projected 8% CAP Rate once brought to market rent, this PRIDE OF OWNERSHIP property is ideally positioned for long-term growth. Located near the revitalized San Pedro Waterfront Park and local hot spots like Colossus and Trani’s Dockside, it sits at the center of one of LA’s most promising coastal neighborhoods. Seller will cooperate with owner-occupied eviction. Read Less
Listing Snapshot
Days Online
12
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1972
MLS Number
SB25159640
30 Days Snapshot Of 90731
$904k
+5%
(avg) sold price
13
-31%
homes sold
85
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1972, Building area total: 4,886, Levels: Two, 2 stories, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
StreetLights, Sidewalks, Urban
Expenses
Gardener expense: $1,200, Insurance expense: $4,886, Maintenance expense: $2,400, New taxes expense: $16,065, Operating expense: $28,551, Water sewer expense: $4,000
Garage
3 spaces
Income
Gross income: $84,396, Net operating income: $55,845
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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