Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10
listing
1 of 10
Residential IncomeFor Sale
$1,445,000
3531 S Peck Avenue
San Pedro, CA 90731
Listed by CRAIG PHILLIPS DRE#00574819 [email protected] Lee & Assoc. Comm. R.e. Serv.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$7,559/mo

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.

Get in touch
Information courtesy of Lee & Assoc. Comm. R.e. Serv. is subject to verification and is not guaranteed.
Community / School Information