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Listing Details

Status
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On Site
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MLS #
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Type
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School Ratings & Info

Description

421 W 21st St is a 3-unit property located in the beautiful city of San Pedro. The property is conveniently located near the emerging LA Waterfront Developments. Built in 1954 the property features an attractive unit mix of one 2 bd/1bath and two 1bd/1bath. the property is a great value add opportunity located between Pacific Ave and Mesa St.**There is a possibility that two of the current tenants will move out at close of escrow in which case the price will be $815,000.**Located near the emerging LA Waterfront which is undergoing a massive redevelopment and is expected to be complete by the end of 2022. The plans are to turn the LA waterfront into a popular tourist destination and bring new life and new business to the city of San Pedro.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T11:27:03.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/118946884
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421 W 21st Street San Pedro, CA 90731

  • Price: $750,000
  • Status: Active
  • Updated: 78 min ago
  • ID#: SB21144248
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1954
Built
Neighborhood:
193 - San Pedro - North
County:
Los Angeles
Area:
193 - San Pedro - North
Property Description
421 W 21st St is a 3-unit property located in the beautiful city of San Pedro. The property is conveniently located near the emerging LA Waterfront Developments. Built in 1954 the property features an attractive unit mix of one 2 bd/1bath and two 1bd/1bath. the property is a great value add opportunity located between Pacific Ave and Mesa St.**There is a possibility that two of the current tenants will move out at close of escrow in which case the price will be $815,000.**Located near the emerging LA Waterfront which is undergoing a massive redevelopment and is expected to be complete by the end of 2022. The plans are to turn the LA waterfront into a popular tourist destination and bring new life and new business to the city of San Pedro.
Exterior Features

Carport Spaces 0 Fencing None Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type Alley Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 34032 Insurance Expense 1200 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 20691 New Construction YN No New Taxes Expense 8120 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 12320 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 2882 Trash Expense 1050 Utilities Sewer Available Water Sewer Expense 0 Water Source Public Zoning Lar2

Listing provided courtesy of Walter De La Torre of W&D Real Estate Investments


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T11:27:03.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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