Skip To Content

740 S Leland Street

San Pedro, CA 90731
  • $1,195,000
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • ID#: SB24026290
Under Contract
UPDATED: 187 min ago
$1,195,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Angela Conterno of Henry Falkenstein & Assoc (310-519-7733) and Paul Falkenstein of Henry Falkenstein & Assoc(310-519-7733)


Description

Rarely does a Multi Family Income Property become available in the coveted Vista Del Oro neighborhood of San Pedro with so much upside potential. Situated on a large corner lot (6754 sqft) with an inviting front lawn, this investment property includes three 2 Bedroom/1 Bathroom apartments and a detached 3 Bedroom/1 Bathroom Main House. Bring your contractor to update the Spanish Style house and have the Opportunity for an owner Live-In or rent it out and essentially double your income. ** The house measures 1460 sqft of interior living space, plus there's a roomy basement for additional storage. All units are individually metered for gas and electricity, and they each have their own laundry hookups and a single car garage space. San Pedro is experiencing a renaissance with the Multi-Million dollar Waterfront project "West Harbor", featuring 42 acres of outdoor space for restaurants, retail, fresh markets, office space, waterside activities and a proposed open-air amphitheater for live entertainment. With easy access to the 110 freeway and all parts of Los Angeles, the time is NOW to invest in the hidden coastal destination of San Pedro!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/147374087
Print Image

740 S Leland Street San Pedro, CA 90731

  • Price: $1,195,000
  • Status: Active Under Contract
  • On Site: 22 Days
  • Updated: 187 min ago
  • ID#: SB24026290
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1923
Built
Neighborhood:
183 - Vista Del Oro
County:
Los Angeles
Area:
183 - Vista Del Oro
Property Description
Rarely does a Multi Family Income Property become available in the coveted Vista Del Oro neighborhood of San Pedro with so much upside potential. Situated on a large corner lot (6754 sqft) with an inviting front lawn, this investment property includes three 2 Bedroom/1 Bathroom apartments and a detached 3 Bedroom/1 Bathroom Main House. Bring your contractor to update the Spanish Style house and have the Opportunity for an owner Live-In or rent it out and essentially double your income. ** The house measures 1460 sqft of interior living space, plus there's a roomy basement for additional storage. All units are individually metered for gas and electricity, and they each have their own laundry hookups and a single car garage space. San Pedro is experiencing a renaissance with the Multi-Million dollar Waterfront project "West Harbor", featuring 42 acres of outdoor space for restaurants, retail, fresh markets, office space, waterside activities and a proposed open-air amphitheater for live entertainment. With easy access to the 110 freeway and all parts of Los Angeles, the time is NOW to invest in the hidden coastal destination of San Pedro!
Exterior Features

Architectural Style SpanishTraditional Entry Level 1 Entry Location 1st Lot Features 0-1 Unit/AcreCorner Lot Number Of Separate Electric Meters 4 Parking Features Garage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Alley PavedPaved Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas Range Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsDog ParkFishingGutter(s)HikingStorm Drain(s)Street LightsSidewalks Contingency None Current Financing None Exclusions Tenant personal property Garage YN Yes Gross Income 37220 Gross Scheduled Income 37220 Insurance Expense 2000 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 28130 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 9090 Possession Close Of Escrow Property Condition Fixer Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasTrash CollectionTelephone Total Actual Rent 3181 Trash Expense 0 Utilities Electricity ConnectedNatural Gas AvailableWater Connected Water Sewer Expense 3400 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-01T00:31:17.237. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372380306-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372380306-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372380306-2.jpg
Logo
COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Angela Conterno of Henry Falkenstein & Assoc (310-519-7733) and Paul Falkenstein of Henry Falkenstein & Assoc(310-519-7733)