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538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
538 West 2ND St, San Pedro, CA 90731
Listing Provided Courtesy of: Sergio Macias, Coldwell Banker Star Realty/Lk, DRE #01247110
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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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

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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 0.26 mi Map It
Cabrillo Avenue Elementary School Public 0.48 mi Map It
Mary Star of the Sea Elementary School Catholic 0.53 mi Map It
Bandini Street Elementary School Public 0.70 mi Map It
Holy Trinity School Catholic 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 0.53 mi Map It
Holy Trinity School Catholic 0.84 mi Map It
Richard Henry Dana Middle School Public 0.90 mi Map It
Christ Lutheran School Private 1.59 mi Map It
James Fenimore Cooper Community Ds Public 1.69 mi Map It
High Schools
School Name Type GreatSchools Ratings Parent Rating Distance* Nearby Homes
Port of Los Angles High School Public 0.39 mi Map It
San Pedro Senior High School Public 1.04 mi Map It
James Fenimore Cooper Community Ds Public 1.69 mi Map It
Mary Star of the Sea High School Catholic 1.85 mi Map It
Angel's Gate Cont Senior High School Public 2.42 mi Map It
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.



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