San Pedro, CA 90731 929 S Alma Street
$2,275,000
Presented By: Fred DiBernardo with Fred DiBernardo; 310-872-8686
- MLS# SB24213425
- 10/16/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 14
Baths • 10
SQFT • 6,452
Garage • 10
Home Details
NO LOS ANGELES CITY RENT CONTROL. GREAT MONTHLY INCOME, WITH MORE ROOM LEFT IN THE RENTS FOR FUTURE INCREASE. WELL MAINTAINED, CLEAN, EXTRA LARGE, NEWER 6 UNIT BUILDING LOCATED IN SAN PEDRO'S BEST VISTA DEL ORO RENTAL NEIGHBORHOOD 3 BLOCKS WEST OF GAFFEY STREET. TWO LARGE 3 BEDROOM 2 BATH UNITS WITH PRVATE BALCONIES AND FIREPLACES. 2 OF 4 TWO BEDROOM APARTMENTS HAVE 2 BATHS. 10 PARKING SPACES UNDER THE BUILDING. PER LA CITY SEISMIC LIST THIS BUILDING DOES NOT NEED TO BE RETROFITTED. COMMUNITY LAUNDRY ROOM FOR ADDITIONAL INCOME. GREAT 5.29 (CAP RATE) CASH ON CASH RETURN. 13.6 GRM. PRICED FOR IMMEDIATE SALE.
Presented By: Fred DiBernardo with Fred DiBernardo; 310-872-8686
Interior Features for 929 S Alma Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 929 S Alma Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySan Pedro
Community FeaturesCurbs, Fishing, Sidewalks, WaterSports
CountyLos Angeles
Directions3 Blocks West of Gaffey Street at 9th Street
Electric Expense2000.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense2400.0
Garage Spaces10.0
Garage Y/NYes
Gross Income167004.0
HOANo
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense4500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsExchange1031
Lot Size Square Feet5853.0
Lot Size UnitsSquareFeet
MLS Area183 - Vista Del Oro
MaintenanceExpense1115.0
MobileHomeRemainsYNNo
Net Operating Income120352.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased4
Operating Expense46652.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot21
Taxes$28,437
Tenant PaysElectricity, Gas
Total Actual Rent13917.0
Trash Expense2700.0
UtilitiesElectricityConnected, NaturalGasConnected
Water Sewer Expense5000.0
Waterfront Y/NNo
Year Built1978
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 929 S Alma Street
Building Area Total6452.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.1344
Lot Size Area5853.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking10.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate