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Off market

Buy a propertyat 438 W 15th Street, San Pedro, CA 90731

$929,999

$0/mo

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Multifamily

2,048 Sq. Ft.

5,001 Sq. Ft. lot

4 Bedrooms

0 Bathrooms

427 Days on market

23242251 MLS ID

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About 438 W 15th Street property

Are you the type of home buyer looking to own a home in one of Southern California's remaining affordable coastal cities AND have an additional detached home generating rental income to help offset your mortgage? Or maybe you're an investor looking for your next buy-and-hold property in the beautiful City of San Pedro, a town ready to flourish with massive upside. This is a property you'll want to get your eyes on right away. Two houses on one lot with one unit generating $2,500/mo in rental income and the second unit delivered vacant. This is the perfect opportunity for any owner-user or investor. Did we mention both units have been remodeled with updated kitchens and flooring throughout? And both have 2 bedrooms and 1 bathroom, in-unit laundry hookups, and tandem parking spaces. This property is also located less than 5 minutes away from Downtown San Pedro, San Pedro Fish Market, and the incredible $155M ocean front development that will feature a new ampitheater, retail, dining, outdoor space, harbor activities, a beer garden, and much more! Property also qualifies for Bank of America's 5% down first time buyer program with $15k closing cost credit or Chase's $5k homebuyer grant program - ask to find out more.
Are you the type of home buyer looking to own a home in one of Southern California's remaining affordable coastal cities AND have an additional detached home generating rental income to help offset your mortgage? Or maybe you're an investor looking for your next buy-and-hold property in the beautiful City of San Pedro, a town ready to flourish with massive upside. This is a property you'll want to get your eyes on right away. Two houses on one lot with one unit generating $2,500/mo in rental income and the second unit delivered vacant. This is the perfect opportunity for any owner-user or investor. Did we mention both units have been remodeled with updated kitchens and flooring throughout? And both have 2 bedrooms and 1 bathroom, in-unit laundry hookups, and tandem parking spaces. This property is also located less than 5 minutes away from Downtown San Pedro, San Pedro Fish Market, and the incredible $155M ocean front development that will feature a new ampitheater, retail, dining, outdoor space, harbor activities, a beer garden, and much more! Property also qualifies for Bank of America's 5% down first time buyer program with $15k closing cost credit or Chase's $5k homebuyer grant program - ask to find out more.

Property details

Appliances and Equipment

Microwave

Dryer

Washer

Bathrooms

2 total bathrooms

Bedrooms

4 total bedrooms

House

Built in 1923

Stories: 1

2,048 sqft living area

2048 total building sqft

Traditional

No Common Walls

Stucco

One

Front Porch

Porch

Community

Gated

Disclosures

Rent Control

Fireplaces

Living Room

Foundation

Raised

Heating

Central

Income

Gross Income: 63000

Net Operating Income: 47276.62

Interior Features

Ceiling Fan(s)

Recessed Lighting

Laundry

Inside

Laundry Room

Listing

Listing ID: 23242251

93 days on market

Listed on 2023-02-16

Rent controlled

Location

County: Los Angeles

Lot

5001 sqft

0.1148 acres

Area: 5001

Front Yard

Parking

4 open parking spaces

4 total parking spaces

Assigned

Driveway

Garage

Private

Shared Driveway

Tandem

Uncovered

Possession

Close Of Escrow

Property

2 buildings

2 units

Updated/Remodeled

Schools

High School District: Los Angeles Unified

Security System

Fire Detection System

Gated Community

Smoke Detector(s)

Tenant Pays

Cable TV

Electricity

Gas

Utilities

2 separate electric meters

2 separate gas meters

Windows

Double Pane Windows

Monthly cost

Estimated monthly cost

$5,926/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$874,199

+$27,900

$902,099

Seller agent commission$27,900 (3%)*

$0 (0%)

Buyer agent commission$27,900 (3%)*

$27,900 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $27,900 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: May 20, 2023 at 8:13 p.m.

Property listed by eXp Realty of California Inc, Howard Cheng
Based on information from California Regional Multiple Listing Service, Inc. as of 05/20/2023 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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