364 W 16th Street, San Pedro, CA 90731

$799,000
List Price
$799,000
Status
ACTIVE
MLS#
OC24043504
Year Built
1963
Lot Size
5,005
Acres
0.11
Lot Location
Street Level
Days on Market
53
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

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 property have 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 is a "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!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$29,153
Operating Expense
6992

Listing courtesy of Listing Agent: Kenny Wu (kenwu@psppre.com) from Listing Office: Pacific Shore Global, Inc..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.