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Sale Pending
(MLS-listed)
Listed at: $225,000
538 West 2ND St San Pedro, CA 90731
| Beds: | 4 |
| Baths: | 2 |
| Sq. Ft.: | 1,411 |
| $/Sq. Ft.: | $159 |
| Lot Size: | 5,000 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | One Level, Bungalow |
| View: | Coastline, Harbor |
| Year Built: | 1930 |
| Community: | Plaza |
| County: | Los Angeles |
| MLS#: | R1106032 |
| Source: | CRMLS |
| Status: | Backup Offers AcceptedThis listing is under contract, but the sellers are looking for additional offers in case the current offer falls through. |
| On Redfin: | 247 days |
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Two single story bungalow houses on one lot with common driveway. Each is two bedroom one bath with a single family in each as tenants. Great opportunity for investor to continue renting to these reliably paying tenants. Some deferred maintenance but great investment for landlord or owner occupied property. Just west of Pacific and not far from bluffs and ports o call.
Laundry Information
- Laundry Area in Unit
Utility Information
- Sewer In, Connected & Paid
- Water Meter on Property
- Water District: MWD
Community Features
- Units in Complex (Total): 2
Unit 2 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Unfurnished
- Monthly Rent: $954
- Monthly Rent (Total): $954
Location Information
- Cross Streets: West of Pacific
- Driving Directions: Just west of Pacific
- Distance To Beach (Miles): 1.00
- Tax Area: 13245
- Legal Tract #: 2966
- Legal Block #: 2
- Legal Lot #: 22
Financial Information
- Capitalization Rate (%): 11.47
- Net Operating Income: $25,803
- Monthly Gross Income: $2,293
- Actual Gross Annual Income: $27,513
- Gross Operating Income: $27,513
- Gross Scheduled Income: $27,513
- Gross Spendable Income: $14,043
- Actual Rent (Total): $27,513
- Actual Annual Gross Rent: $27,513
- Gross Rent Multiplier: 8.18
- Tax Rate: 1.25
- Tax Rate Year: 2010
- No Private Transfer Taxes
- Financial Info As Of: 07/1/11
Interior Features
- Carpet (Partial)
Parking Information
- # of Parking Spaces (Total): 4
- # of Other Spaces: 4
- Off Street
- Driveway
- Driveway (Concrete)
- Shared Driveway
- Uncovered
Multi-Family Information
- # of Buildings: 2
- # of Drapes: 2
- # of Electric Meters: 2
- # of Gas Meters: 2
- # of Ranges: 2
- # of Refrigerators: 2
- # of Water Meters: 1
- 2 Bedroom Square Footage: 706
- Tenant Pays Trash
- Tenant Pays Gas
- Tenant Pays Electricity
Lot Information
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Public Records
- Utilities Overhead
- Near Public Transit
- Ocean Side of Freeway
- Not on Alley
- Zoning: R2
Property Information
- Detached/No Common Walls
- Land Ownership: Fee Simple
- Square Footage Source: Public Records
- Assessed Improvement Percent: 31
- Tax Parcel Number: 7451008023
Expense Information
- Total Annual: $1,710
- Insurance: $983
- Licenses: $110
- Operating: $1,710
- Operating (%): 6
- Tax: $3,063
- Water: $1,600
Heating & Cooling
- Natural Gas Heating
- No Water Heaters
- Water Heater
- Natural Gas Water Heater
Building Information
- Ground Level Entry (With Steps)
- Main Level Entry
- Siding
- Composition Shingle Roof
- Builders Tract Name: Custom
- Builders Tract Code: CUST
Unit 1 Information
- Number: 1
- # of Beds: 2
- # of Baths: 1
- Unfurnished
- Monthly Rent: $1,339
- Monthly Rent (Total): $1,339
Land Information
- Assessed Land (%): 69
Legal Disclosures
- Take Property As Is
- Rent Control
Listing Information
- Possession: Other
- Special Conditions: Short Pay Subject to Lender
- Listing Terms: Cash To New Loan
- Buyer Financing: Cash
Listing last changed
March 20, 2012, 11:07 AM
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Views of 538 West 2ND St, San Pedro, CA 90731
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Property History for 538 West 2ND St
| Date | Event | Price | Appreciation | Source | ||
|---|---|---|---|---|---|---|
| Mar 19, 2012 | Pending (Backup Offers Accepted) | -- | -- | CRMLS #1 | ||
| Feb 22, 2012 | Relisted (Active) | -- | -- | CRMLS #1 | ||
| Jan 05, 2012 | Price Changed | $225,000 | -- | CRMLS #1 | ||
| Oct 28, 2011 | Pending (Backup Offers Accepted) | -- | -- | CRMLS #1 | ||
| Sep 20, 2011 | Listed (Active) | $245,000 | -- | CRMLS #1 | ||
| Oct 06, 2006 | Sold (Public Records) | $435,000 | 11.8%/yr | Public Records | ||
| Apr 15, 2004 | Sold (Public Records) | $330,000 | 23.9%/yr | Public Records | ||
| May 24, 2002 | Sold (Public Records) | $220,000 | 18.3%/yr | Public Records | ||
| Oct 15, 1999 | Sold (Public Records) | $142,000 | -- | Public Records | ||
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Public Facts for 538 West 2ND St
| Beds: | 4 |
| Baths: | 2.0 |
| Finished Sqft: | 1,411 |
| Unfinished Sqft: | - |
| Total Sqft: | 1,411 |
| Floors: | - |
| Lot Size: | 5,000 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1930 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 7451008023 |
| Last Updated: | May 5, 2012 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $313,724 |
| Additions | $141,176 |
| Total | $454,900 |
| Tax (2011) | $5,833 |
Home Value Estimates for 538 West 2ND St
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Schools near 538 West 2ND St, San Pedro, CA 90731
Select a school to view the school's parent reviews, programs and more. Showing up to five closest schools for each grade level.
Elementary Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Barton Hill Elementary School | Public |
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0.26 mi | Map It |
| Cabrillo Avenue Elementary School | Public |
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0.48 mi | Map It |
| Mary Star of the Sea Elementary School | Catholic |
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0.53 mi | Map It |
| Bandini Street Elementary School | Public |
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0.70 mi | Map It |
| Holy Trinity School | Catholic |
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0.84 mi | Map It |
Middle Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Mary Star of the Sea Elementary School | Catholic |
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0.53 mi | Map It |
| Holy Trinity School | Catholic |
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0.84 mi | Map It |
| Richard Henry Dana Middle School | Public |
|
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0.90 mi | Map It |
| Christ Lutheran School | Private |
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1.59 mi | Map It |
| James Fenimore Cooper Community Ds | Public |
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1.69 mi | Map It |
High Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| Port of Los Angles High School | Public |
|
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0.39 mi | Map It |
| San Pedro Senior High School | Public |
|
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1.04 mi | Map It |
| James Fenimore Cooper Community Ds | Public |
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1.69 mi | Map It |
| Mary Star of the Sea High School | Catholic |
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1.85 mi | Map It |
| Angel's Gate Cont Senior High School | Public |
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2.42 mi | Map It |
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.
Link to this page at
http://www.redfin.com/CA/San-Pedro/538-W-2nd-St-90731/home/7688689
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Sale Pending
Redfin is unable to take you out on tour to see this home because the sellers have accepted an offer that is now pending or under contract.
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