Closed
$1,180,000
Sold For
3,305
SqFt
3,305
SqFt

1266 W 22nd Street

San Pedro, California CA90731-4952

Looking for that solid investment property? Well, look no further! This 4-unit low maintenance income property is located in a prime rental location of Vista Del Oro. Great unit mix with the bottom level front unit featuring 1 bedroom & 1 bath with updated flooring throughout. All 3 other units consist of 2 bedrooms & 1 bathroom and offer plenty of living space. Each unit has its own laundry hookups inside the unit along with individual water heaters. Upper units also have spacious balconies with sprawling city and harbor views. Extended driveway leads to the rear which includes 4 car garage spaces (2 - 2 car garages) and additional space for parking. Front garage is rented for additional income and each unit has substantial upside potential with rents! Each unit has its own electric and gas meter, while the owner covers water (one meter) and exterior lights (5th electrical meter). Centrally located and just a few blocks away from shopping, local schools, transportation, and restaurants. With the re-development of the LA Waterfront on its way, it's a great time to invest/buy in San Pedro!

About This Property

Listing IDSB21250588
Sold For$1,180,000
Price/SqFt$357.03
StatusClosed
Sold Date12/28/2021
SqFt 3,305
Acres 0.124
CountyLos Angeles
Year Built1970
Property TypeResidential Income
Property Sub TypeQuadruplex
County Los Angeles
Price/SqFt 357.03
Property Sub Type Quadruplex
Property Type Residential Income
Year Built 1970
Zoning LAR2
Average 1 Bed Area Units Square Feet
Average 2 Bed Area Units Square Feet
Average 3 Bed Area Units Square Feet
Average Studio Area Units Square Feet
Building Area Units Square Feet
Common Walls 2+ Common Walls
Cooling no
Cooling Type None
Flooring Carpet, Laminate
Garage Spaces 5
Heating yes
Heating Type Wall Furnace
Laundry yes
Laundry Features Inside
Levels Two
Room Type Kitchen, Laundry, Living Room
Stories Total 2
Fence yes
Fencing Vinyl, Wood
Lot Features 2-5 Units/Acre
Lot Size Area 5404
Lot Size Source Assessor
Lot Size Square Feet 5404
Number Of Buildings 1
Parking Features Garage, Garage - Two Door, Off Street, Street
Parking Total 5
Pool Features None
Private Pool no
Property Attached yes
Road Frontage Type City Street
Road Surface Type Paved
Sewer Public Sewer
View yes
View Type City Lights, Harbor
Water Source Public
Country US
Elevation Units Feet
MLS Area Major 183 - Vista Del Oro
Additional Parcels no
Assessments None
Association no
Co List Agent State License 01381971
Co List Office State License 01385864
Community Features Curbs, Sidewalks
Days On Market 6
Disclosures Rent Control
List Agent State License 01897455
List Office State License 01501084
Lot Size Units Square Feet
New Construction no
Number Of Rented Garages 1
Number Of Separate Electric Meters 5
Number Of Separate Gas Meters 4
Number Of Separate Water Meters 1
Number Of Units Total 4
Parcel Number 7460020026
Senior Community no
Start Showing Date 2021-11-22T00:00:00+00:00
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Year Built Source Assessor
Electric Expense 540
Garage Income 1560
Garage Rental Rate 130
Gardener Expense 780
Gross Scheduled Income 61920
Insurance Expense 1350
Land Lease no
Net Operating Income 57090
Operating Expense 4830
Price Per Unit 287250
Rent Control yes
Special Listing Conditions Standard, Trust
Tax Block 2
Tax Census Tract 2973.00
Tax Lot 26
Tenant Pays Cable TV, Electricity, Gas, Telephone, Trash Collection
Total Expenses 4830
Water Sewer Expense 2160

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Listed by: Peter Hazdovac, DRE #01897455 from Keller Williams Realty 310-519-1080
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