1129 W 10th Street, San Pedro, CA, US, 90731
1129 W 10th Street, San Pedro, CA, US, 90731Basics
- Date added: Added 5か月 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 3
- Lot size: 8223, 8223 sq ft
- Year built: 1923
- View: None
- County: Los Angeles
- MLS ID: SB25233836
Description
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Description:
Huge 8 unit campus property in one of the best parts of San Pedro at only 11.5X GRM plus a 25% upside. Great unit mix with four 2 bed units, two 1 bed units, one 3 bed, 3 bath unit, and one studio. Almost 7000 square feet of rentable space situated on over 8200 square feet of land. Large duplex structure built in 1923 plus 6 units built in 1962. 5 out of 8 units nicely remodeled from 2021 to present. 3 enclosed garages, 4 tuck under parking spaces, and 1 surface parking space for a 1:1 parking ratio. Soft story retrofit completed in 2020. Well priced on income at 11.5X GRM on actuals plus a 25% upside to 9.3X GRM and a market cap rate of 7%.
Beautiful Vista Del Oro location only a few blocks from Palos Verdes in a tranquil residential area. Attractive curb appeal with street and alley access.
Only 3 blocks from Providence Little Company of Mary San Pedro Hospital. Easy access to Downtown San Pedro and the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026.
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Location
- Directions: South Side of 10th, West of Leland
- Lot Size Acres: 0.1888 acres
Building Details
- Water Source: Public
- Lot Features: RectangularLot
- Open Parking Spaces: 1
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: TwoCommonWallsOrMore
- Construction Materials: Stucco
- Fencing: Block,WroughtIron
- Garage Spaces: 3
- Levels: ThreeOrMore
- Number Of Buildings: 2
Amenities & Features
- Pool Features: None
- Spa Features: None
- Parking Total: 8
- Roof: Composition,None
- Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
- Electric: Standard
- Laundry Features: None
Expenses, Fees & Taxes
- Trash Expense: 0
- New Taxes Expense: $27,438
- Association Fee: 0
- Maintenance Expense: $9,018
- Electric Expense: $1,094
- Fuel Expense: $2,435
- Insurance Expense: $10,000
- Licenses Expense: $1,070
- Water Sewer Expense: $6,333
Miscellaneous
- List Office Name: Buckingham Investments, Inc
- Listing Terms: CashToExistingLoan
- Common Interest: None
- Community Features: Suburban
- Direction Faces: North
- Attribution Contact: 310-561-4776
