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    632 W 32nd Street

    San Pedro, CA 90731
    • $599,000
    • STATUS: ACTIVE
    • ON SITE: 70 Days
    • ID#: SB21182954
    UPDATED: 35 min ago
    $599,000
    • 2
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    This delightful corner duplex, is a close distance to Cabrillo Beach and Point Fermin Lighthouse Park. If you are looking for income and a beach location property, this is the perfect place to start! Enjoy cool ocean breezes and a nice neighborhood feel with this easy to manage low maintenance income property! Excellent location across from Pt. Fermin Elementary School, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks that are within walking distance. Located near retail stores, coffee shops and the multimillion dollar LA Waterfront Development. Side-by-side 1 bedroom units are rented and each unit has its own yard area for Southern CA outdoor living and the rear unit has a peek-a-boo ocean view. One half of the oversized double garage rents for $190/month. The rear unit (#634) was remodeled in 2018. New split air conditioning/heating units were installed in both units in 2020. All windows were replaced in both units with dual pane in 2018. Rents are below market with upside upon unit turnover. This is an excellent opportunity for the astute investor. This delightful corner duplex, is a close distance to Cabrillo Beach and Point Fermin Lighthouse Park. If you are looking for income and a beach location property, this is the perfect place to start! Enjoy cool ocean breezes and a nice neighborhood feel with this easy to manage low maintenance income property! Excellent location across from Pt. Fermin Elementary School, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks that are within walking distance. Located near retail stores, coffee shops and the multimillion dollar LA Waterfront Development. Side-by-side 1 bedroom units are rented and each unit has its own yard area for Southern CA outdoor living and the rear unit has a peek-a-boo ocean view. One half of the oversized double garage rents for $190/month. The rear unit (#634) was remodeled in 2018. New split air conditioning/heating units were installed in both units in 2020. All windows were replaced in both units with dual pane in 2018. Rents are below market with upside upon unit turnover. This is an excellent opportunity for the astute investor.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.solisteamrealty.com/homes/120604753
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    632 W 32nd Street San Pedro, CA 90731

    • Price: $599,000
    • Status: ACTIVE
    • Updated: 35 min ago
    • ID#: SB21182954
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    Neighborhood:
    San Pedro (90731)
    County:
    Los Angeles
    Area:
    San Pedro (90731)
    Property Description
    This delightful corner duplex, is a close distance to Cabrillo Beach and Point Fermin Lighthouse Park. If you are looking for income and a beach location property, this is the perfect place to start! Enjoy cool ocean breezes and a nice neighborhood feel with this easy to manage low maintenance income property! Excellent location across from Pt. Fermin Elementary School, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks that are within walking distance. Located near retail stores, coffee shops and the multimillion dollar LA Waterfront Development. Side-by-side 1 bedroom units are rented and each unit has its own yard area for Southern CA outdoor living and the rear unit has a peek-a-boo ocean view. One half of the oversized double garage rents for $190/month. The rear unit (#634) was remodeled in 2018. New split air conditioning/heating units were installed in both units in 2020. All windows were replaced in both units with dual pane in 2018. Rents are below market with upside upon unit turnover. This is an excellent opportunity for the astute investor. This delightful corner duplex, is a close distance to Cabrillo Beach and Point Fermin Lighthouse Park. If you are looking for income and a beach location property, this is the perfect place to start! Enjoy cool ocean breezes and a nice neighborhood feel with this easy to manage low maintenance income property! Excellent location across from Pt. Fermin Elementary School, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks that are within walking distance. Located near retail stores, coffee shops and the multimillion dollar LA Waterfront Development. Side-by-side 1 bedroom units are rented and each unit has its own yard area for Southern CA outdoor living and the rear unit has a peek-a-boo ocean view. One half of the oversized double garage rents for $190/month. The rear unit (#634) was remodeled in 2018. New split air conditioning/heating units were installed in both units in 2020. All windows were replaced in both units with dual pane in 2018. Rents are below market with upside upon unit turnover. This is an excellent opportunity for the astute investor.
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K Site Corner LotCul-De-SacSidewalks Topography Level

    Interior Features

    Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1

    Property Features

    Actual Cap Rate 3.71 Annual Expense Actual 12318 Buildings 1 Cfd Mello Roos Fee 150.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 16.86 Gross Scheduled Income Actual 35520 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1450.0 Unit2 Rent Actual 1320.0 Zoning Assessor

    Listing provided courtesy of Re/Max Commercial & Investment. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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