$1,445,000
- Beds
- Unknown
- sq ft
- Unknown
3531 S Peck Ave, San Pedro, CA 90731
3531 S Peck Ave
San Pedro, CA 90731
- 104 days on market
3531 S Peck Ave & 708 W 36th St, San Pedro. These two separate parcels feature 4 units (1BR / 1BA) with a total building area of approximately 3,144 SF and situated on approximately 8,751 SF of land. Located in the desirable coastal neighborhood of Point Fermin in San Pedro, this unique investment opportunity is located adjacent to a park on the west, near beaches and local amenities, highly attractive to potential renters or a potential owner user. These properties have partial ocean views and are situated on uncommonly larger plots of land for coastal cities offering potential for ADU additions or further development.
The total gross income expected is approximately $83,228 per year with Peck Rd units between $2067 - $2195 per month whereas 36th St is below market at $1,281 - $1,392. Each tenant is responsible for electricity (separately metered ) and the landlord pays for common area electricity, water/sewer, and gas. New owners seeking an immediate NOI boost can utilized "ratio utility billing" for utility charges beared by the landlord.
Earlier this year, the owners spend $32,000 on a new roof and $6,000 on landscaping.
Details
Property type
Apartment
Lot size
8,751 sq ft
Price per sq ft
Unknown
Year built
1950
HOA
No
Price History
10/24/2024
CRMLS #WS24152160
Price change
$1,445,000
+3.21%
10/16/2024
CRMLS #WS24152160
Price change
$1,400,000
-3.11%
10/03/2024
CRMLS #WS24152160
Listed
$1,445,000
Schools & Community
Neighborhood:
San Pedro
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Fishing, Golf, Park, Street Lights, Sidewalks
Community features:
Fishing, Golf, Park, Street Lights, Sidewalks
Status: Active
Tomo last checked: 11/05/2024 at 12:20 AM
Listing updated: 10/24/2024 at 10:25 AM
Listed by: CRAIG PHILLIPS, LEE & ASSOC. COMM. R.E. SERV. Phone #: (323) 720-8484
MLS: CRMLS #WS24152160
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