For more information on this property, contact Mike Harper at 310-850-9951 or mike@hhcoastal.com

1266 W 22nd Street
San Pedro, California CA 90731-4952
Sold For: $1,180,000
Listing ID SB21250588
Status Closed
SqFt 3,305
Acres 0.124
Year Built 1970

Property Description:

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!

Primary Features

County: Los Angeles
Price/SqFt: 357.03
Property Sub Type: Quadruplex
Property Type: Residential Income
Year Built: 1970
Zoning: LAR2

Interior

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

External

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

Location

Country: US
Elevation Units: Feet
MLS Area Major: 183 - Vista Del Oro

Additional

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

Financial

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

Zoning Info


Area Info


© 2023. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to HH Coastal Real Estate or one of their associates. Last updated Thursday, June 8th, 2023.

Based on information from CARETS as of Thursday, June 8th, 2023 06:38:32 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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