San Pedro, CA 90731,3531 S Peck AVE
San Pedro, CA 90731,3531 S Peck AVE
San Pedro, CA 90731,3531 S Peck AVE
San Pedro, CA 90731,3531 S Peck AVE
San Pedro, CA 90731,3531 S Peck AVE
San Pedro, CA 90731,3531 S Peck AVE
Tony English
Tony English

Broker | License ID: 01363194

+1(949) 463-1085

GET MORE INFORMATION

Full Name
Phone*
Message
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 1,445,000

$ 1,445,000

Est. payment | /mo

8,751 Sqft Lot


$ 1,445,000

$ 1,445,000

Est. payment | /mo

8,751 Sqft Lot

Key Details

Sold Price $1,445,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID WS24152160

Sold Date 02/20/25

HOA Y/N No

Year Built 1950

Lot Size 8,751 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Dog Park, Foothills, Fishing, Golf, Hiking, Park, Storm Drain(s), Street Lights, Sidewalks, Urban, Water Sports

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 7467011008

Energy Description 715.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by CRAIG PHILLIPS • LEE & ASSOC. COMM. R.E. SERV. • 213-618-2565
Bought with Payman Rouhani • Rumi Realty Group
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

3531 S Peck AVE