About 3531 S Peck Avenue
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.
Features of 3531 S Peck Avenue
| MLS® # | WS24152160 |
|---|---|
| Price | $1,445,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Acres | 0.20 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 3531 S Peck Avenue |
|---|---|
| Area | SAN PEDRO (90731) |
| City | San Pedro |
| County | Los Angeles |
| State | CA |
| Zip Code | 90731 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Exterior
| Lot Description | Sidewalks |
|---|
Additional Information
| Date Listed | July 23rd, 2024 |
|---|---|
| Days on Market | 172 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | LEE & ASSOC. COMM. R.E. SERV. |
|---|