NOT LISTED FOR SALE

2401 S Leland St San Pedro, CA 90731

5 Beds
5 Baths
2,055 Sq Ft
5,384 Sq Ft Lot

Last Sold September 18, 2023

Last sale price $900,000 $438 Per Sq Ft

10 Days on Market

Highlights

  • Fishing
  • Laundry Room
  • Heating System Uses Natural Gas
  • Spanish Architecture
  • Carpet
  • 1-Story Property

About This Home

As of September 2023

. Five Charming separate Spanish style bungalows. Prime corner location in the prestigious Vista Del Oro neighborhood. All rents are well below market. Lots of upside. Priced accordingly. Expenses are Estimated.

Last Agent to Sell the Property

Fred DiBernardo

Fred DiBernardo License #00573495 Listed on: 08/19/2023

Co-Listed By

Tyler DiBernardo

DiBernardo Realty License #02041856

Last Buyer's Agent

Brian Estes

Re/Max Commercial & Investment License #01394559

Re/Max Commercial & Investment

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1923

Lot Details

  • 5,384 Sq Ft Lot
  • No Common Walls
  • Density is 21-25 Units/Acre

Home Design

  • Spanish Architecture
  • Bungalow
  • Entry on the 1st floor

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 15 / 8
  • Assessor Parcel Number 7460032015
  • $740 per year additional tax assessments

Community Details

Overview

  • 5 Buildings
  • 5 Units

Recreation

  • Fishing
  • Water Sports

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $11,000
  • Operating Expense $17,400
  • Gross Income $51,960
  • Net Operating Income $35,460

Property Details

Home Type

Apartment

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 179800
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LARD2
  • Architectural Style: Bungalow, Spanish
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7460032015
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 437.96
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Fishing, Watersports, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 5384.00
  • Lot Size Acres: 0.1236

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 410 Square Feet
  • Gross Income: 51960.00
  • Gross Operating Income: 51960.00
  • Gross Scheduled Income: 51960.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5384.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 35460.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 17400.00
  • Rent Control: Yes
  • Total Actual Rent: 4330.00
  • Total Expenses: 17400.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Block: 8
  • Tax Census Tract: 2972.02
  • Tax Lot: 15
  • Tax Tract Number: 9999
  • TaxOtherAnnualAssessmentAmount: 740.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $900,000 +0.1% $438 / Sq Ft
08/19/2023 08/19/23 For Sale $899,000 -- $437 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23155505

California Regional Multiple Listing Service (CRMLS)