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    786 W 5th Street

    San Pedro, CA 90731
    • $1,280,000
    • STATUS: ACTIVE
    • ON SITE: 156 days
    • ID#: 302632904
    UPDATED: 70 min ago
    $1,280,000
    • 5
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Excellent Unit Mix of Three 2 -Bedroom and Five 1-Bedroom apartments in this charming 1920's apartment complex comprised of 3 buildings. Rents are as much as 50% below market! Situated on a large 10,000 sq. ft. double corner lot. Fantastic Upside Potential in rental income. Great location West of Gaffey and just one block walking distance to Starbucks, Rite-Aid, Big 5 and several national fast food restaurants. Two blocks from Mary Star of the Sea Elementary and several places of worship. The front buildi Excellent Unit Mix of Three 2 -Bedroom and Five 1-Bedroom apartments in this charming 1920's apartment complex comprised of 3 buildings. Rents are as much as 50% below market! Situated on a large 10,000 sq. ft. double corner lot. Fantastic Upside Potential in rental income. Great location West of Gaffey and just one block walking distance to Starbucks, Rite-Aid, Big 5 and several national fast food restaurants. Two blocks from Mary Star of the Sea Elementary and several places of worship. The front building with 786-788-790-792 W 5th St was built in 1922. 790a W 5th St was added in 1924. The 3 units at 424-426-428 Cabrillo were built in 1958.

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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.
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    786 W 5th Street San Pedro, CA 90731

    • Price: $1,280,000
    • Status: ACTIVE
    • Updated: 70 min ago
    • ID#: 302632904
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1922
    Built
    Neighborhood:
    San Pedro (90731)
    County:
    Los Angeles
    Area:
    San Pedro (90731)
    Property Description
    Excellent Unit Mix of Three 2 -Bedroom and Five 1-Bedroom apartments in this charming 1920's apartment complex comprised of 3 buildings. Rents are as much as 50% below market! Situated on a large 10,000 sq. ft. double corner lot. Fantastic Upside Potential in rental income. Great location West of Gaffey and just one block walking distance to Starbucks, Rite-Aid, Big 5 and several national fast food restaurants. Two blocks from Mary Star of the Sea Elementary and several places of worship. The front buildi Excellent Unit Mix of Three 2 -Bedroom and Five 1-Bedroom apartments in this charming 1920's apartment complex comprised of 3 buildings. Rents are as much as 50% below market! Situated on a large 10,000 sq. ft. double corner lot. Fantastic Upside Potential in rental income. Great location West of Gaffey and just one block walking distance to Starbucks, Rite-Aid, Big 5 and several national fast food restaurants. Two blocks from Mary Star of the Sea Elementary and several places of worship. The front building with 786-788-790-792 W 5th St was built in 1922. 790a W 5th St was added in 1924. The 3 units at 424-426-428 Cabrillo were built in 1958.
    Exterior Features

    Pool N/K Site Corner LotCurbs Spa N/K Topography Level

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 4.4 Annual Expense Actual 33784 Buildings 4 Gross Rent Multiplier Actual 14.21 Gross Scheduled Income Actual 90062 Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 770.0 Unit2 Rent Actual 738.0 Unit3 Rent Actual 1013.0 Unit4 Rent Actual 788.0 Water Meter On Property Zoning Lard1.5

    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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