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.
MLS #
CRWS24152160
MLS Source
California Regional MLS
Days on Site
118
Laundry
Community Facility
Pool
None
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 4 |
3531 S Peck Ave is a Residential Income in San Pedro, CA 90731. This – square foot property sits on a 8,751 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,445,000 and was built in 1950.
This address can also be written as 3531 S Peck Ave, San Pedro, CA 90731.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 24, 2024. For the most current information, please contact CRAIG PHILLIPS, (323) 720-8484