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    616 W Ofarrell Street

    San Pedro, CA 90731
    • $1,069,000
    • STATUS: Active Under Contract
    • ON SITE: 90 days
    • ID#: SB21139950
    Under Contract
    UPDATED: 38 min ago
    $1,069,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Rarely Available and Renovated Triplex in San Pedro! Beautifully located in a highly desirable rental area and situated only one mile from a $1 billion massive redevelopment project, this multiunit property mesmerizes with a vibrantly refreshed exterior, tidy landscaping, and a delightful color palette. Approaching the property, you immediately note the detached 3BR/2BA, approximately 1,000sqft front home which features gorgeous flooring, a neutral color scheme, an openly flowing floorplan, a spacious living room, laundry area, abundantly sized bedrooms, and a large kitchen featuring a gas range, white shaker cabinetry, solid surface countertops, dishwasher, double stainless-steel sink, tile flooring, and an adjoining dining area. Explore the rear duplex with two identical units. Both 2BR/1BA units are approximately 775sqft with tons of scintillating natural light, a neutral color scheme, spacious living rooms, in-unit laundry, large bedrooms, modern bathrooms, and fully equipped, eat-in kitchens with gas ranges, solid surface countertops, and dishwashers. Other features: long driveway, off-street parking, only steps to Barton Hill Elementary School, near shopping and dining, and much more! Savvy homebuyers will relish in easy living in the modern front home, while having the opportunity to rent the other two units for positive residual income. For seasoned investors, all three units may be rented for a maximum cash flow opportunity. Call now for a tour!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T08:23:58.41. 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 The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
    www.debonishomes.com/homes/118811890
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    616 W Ofarrell Street San Pedro, CA 90731

    • Price: $1,069,000
    • Status: Active Under Contract
    • Updated: 38 min ago
    • ID#: SB21139950
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1920
    Built
    Neighborhood:
    193 - San Pedro - North
    County:
    Los Angeles
    Area:
    193 - San Pedro - North
    Property Description
    Rarely Available and Renovated Triplex in San Pedro! Beautifully located in a highly desirable rental area and situated only one mile from a $1 billion massive redevelopment project, this multiunit property mesmerizes with a vibrantly refreshed exterior, tidy landscaping, and a delightful color palette. Approaching the property, you immediately note the detached 3BR/2BA, approximately 1,000sqft front home which features gorgeous flooring, a neutral color scheme, an openly flowing floorplan, a spacious living room, laundry area, abundantly sized bedrooms, and a large kitchen featuring a gas range, white shaker cabinetry, solid surface countertops, dishwasher, double stainless-steel sink, tile flooring, and an adjoining dining area. Explore the rear duplex with two identical units. Both 2BR/1BA units are approximately 775sqft with tons of scintillating natural light, a neutral color scheme, spacious living rooms, in-unit laundry, large bedrooms, modern bathrooms, and fully equipped, eat-in kitchens with gas ranges, solid surface countertops, and dishwashers. Other features: long driveway, off-street parking, only steps to Barton Hill Elementary School, near shopping and dining, and much more! Savvy homebuyers will relish in easy living in the modern front home, while having the opportunity to rent the other two units for positive residual income. For seasoned investors, all three units may be rented for a maximum cash flow opportunity. Call now for a tour!
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances RefrigeratorWater Heater Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Gutter(S)HikingStorm Drain(S)Street LightsSidewalksUrban Garage YN No Gross Income 789000 Gross Scheduled Income 76800 Insurance Expense 1800 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 ExchangeFha Net Operating Income 70400 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 5400 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Water Sewer Expense 1200 Water Source Public Zoning Lar2

    Listing provided courtesy of Phillip Perriott of Perriott Partners


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T08:23:58.41. 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 The DeBonis Team | Realty Masters & Associates. Licensed in the State of California, USA.
     
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    Riverside CA, 92508