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364 W 16th Street

San Pedro, CA 90731
  • $799,000
  • STATUS: Active
  • ON SITE: 284 Days
  • ID#: OC24043504
UPDATED: 71 min ago
$799,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Kenny Wu of Pacific Shore Global, Inc. (714-458-6358) and Silvia Tseng of ()


Description

This Duplex is located in a nice neighborhood in the city of San Pedro walking distance to local shops and restaurants by the water. This propertyhave excellent upside as current rent is very low. Front unit is 3 bedrooms with 1 bath. The back unit is 2 bedroom with 1 bath. In addition, there isa "guest house" which is a studio with 3/4 bath (no kitchen) that is currently vacant and can potentially be converted into a 3rd unit for rent(please verify with city on the possibility). There is also an open space in the middle between the 2 units which may have ADU potential (please check with city) There is plenty of parking on the long driveway. New fence was installed approx 6yrs ago. Both units has it's own electric and gas meters as well as laundry hookups. 1 of 2 units needs a remodel. This is a perfect fixer. Don't pass up this great investment opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T13:27:24.497. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/148230096
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364 W 16th Street San Pedro, CA 90731

  • Price: $799,000
  • Status: Active
  • On Site: 284 Days
  • Updated: 71 min ago
  • ID#: OC24043504
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1963
Built
Neighborhood:
193 - San Pedro - North
County:
Los Angeles
Area:
193 - San Pedro - North
Property Description
This Duplex is located in a nice neighborhood in the city of San Pedro walking distance to local shops and restaurants by the water. This propertyhave excellent upside as current rent is very low. Front unit is 3 bedrooms with 1 bath. The back unit is 2 bedroom with 1 bath. In addition, there isa "guest house" which is a studio with 3/4 bath (no kitchen) that is currently vacant and can potentially be converted into a 3rd unit for rent(please verify with city on the possibility). There is also an open space in the middle between the 2 units which may have ADU potential (please check with city) There is plenty of parking on the long driveway. New fence was installed approx 6yrs ago. Both units has it's own electric and gas meters as well as laundry hookups. 1 of 2 units needs a remodel. This is a perfect fixer. Don't pass up this great investment opportunity!
Exterior Features

Entry Level 1 Entry Location Front Lot Features Street Level Number Of Separate Electric Meters 2 Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Standard Fuel Expense 0 Garage YN Yes Gross Income 29153 Gross Scheduled Income 29153 Insurance Expense 1000 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 22161 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 6992 Other Expense 4892 Possession Close Of Escrow Property Condition Fixer Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Sewer Expense 1100 Water Source Public Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-13T13:27:24.497. 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 deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
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CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Kenny Wu of Pacific Shore Global, Inc. (714-458-6358) and Silvia Tseng of ()