1054 West 23rd Street

San Pedro, CA 90731

$1,549,000
Price
5
Beds
4
Baths
2,797 Sq. Ft.
$554 / Sq. Ft.
2,797
Sq. Ft.
$554
per Sq. Ft.

Description

Discover an exceptional investment opportunity at 1054 W 23rd St in the vibrant San Pedro, CA. This captivating four-unit property blends historical elegance with contemporary functionality. It features a charming 2-bedroom/1-bathroom front house complemented by three meticulously renovated 1-bedroom/1-bathroom units at the rear. Recent enhancements, exceeding $150,000, include complete renovation to all rear units, installation of new water heaters and modern appliances, termite tenting completed...Discover an exceptional investment opportunity at 1054 W 23rd St in the vibrant San Pedro, CA. This captivating four-unit property blends historical elegance with contemporary functionality. It features a charming 2-bedroom/1-bathroom front house complemented by three meticulously renovated 1-bedroom/1-bathroom units at the rear. Recent enhancements, exceeding $150,000, include complete renovation to all rear units, installation of new water heaters and modern appliances, termite tenting completed in May 2023, fresh exterior paint, new vinyl gates, and revamped property drainage system.

Strategically situated in an area witnessing a $100 Million Dollar waterfront development - West Harbor, this property is poised for significant appreciation. The development promises to enhance the locale with new entertainment and dining venues, along with breathtaking views of the bustling activities at the country’s largest port.

This is a rare chance to be part of San Pedro’s exciting real estate transformation. Seize the opportunity to own a piece of this dynamic community.

Listing Agent

  1. Riley Eastman

    Riley Eastman

    Listing Agent

    Compass

    DRE #02018751

Property Details for 1054 West 23rd Street

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
Zoned Area(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2797

Location

Listing Courtesy of Compass, Riley Eastman, DRE #02018751
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LISTING UPDATED: 04/21/2024 02:51 AM

Property Details for 1054 West 23rd Street

StatusActive
MLS #SB24077116
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
CountyLos Angeles County

Location

Listing Courtesy of Compass, Riley Eastman, DRE #02018751
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Building Information for 1054 West 23rd Street

Building/Complex1054 W 23rd StFloor-Stories1Pet Policy-Year Built1987Building Size-

Payment Calculator

$9,702 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,454

Property Taxes

$1,248

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1054 West 23rd Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $89,904
  • Gross Scheduled Income: $89,904
  • Net Operating Income: $66,361
  • Number Of Rented Garages: 2
  • Laundry Income: $400
Expense Details
  • Operating Expense: $23,543
  • New Taxes Expense: $14,972
  • Gardener Expense: $600
  • Insurance Expense: $724
  • Maintenance Expense: $2,647
  • Maintenance Percent: 3.00%
  • Other Expense: $4,600
  • Other Expense Description: Utilitie
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $23,543
Tax / Assessment Info
  • Tax Block: 33
  • Tax Tract Number: 0
  • Tax Census Tract: 2972.02
  • CFD/Mello-Roos Fee: $414
  • Tax Lot: 19
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: Kitchen
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Fireplace: FP in Family Room
  • Cooling: Zoned
Exterior Features
  • Entry Location: front
  • Structure Type: Quadruplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Private Sewer
  • Sewer/Septic: Private Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,919
  • Unit Type Total Rent: $1,919
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,895
  • Unit Type Total Rent: $1,895
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 1054 West 23rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1054 West 23rd Street

Taxable ValueLand$729,300Additions$484,500Total$1,213,800
Tax Record2023$14,972 ($1,248 / month)
Home Facts
Total Finished SqFt2,797 SqFtAbove Grade Finished SqFt2,797 SqFtStories1Lot Size5,016 SqFtStyleQuadraplexYear Built1923ZoningLARD1.5CountyLOS ANGELESAPN7463-001-019

Schools near 1054 West 23rd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leland Street Elementary School
PublicK to 5

Richard Henry Dana Middle School
Public6 to 8

San Pedro Senior High School
Public9 to 12

Angel's Gate (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1054 West 23rd Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on January 26, 2024 by Compass, it's currently listed at $1,549,000. It has been on the market for a total of 14 days and was last sold on June 13, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Leland Street Elementary School, Richard Henry Dana Middle School and San Pedro Senior High School. 1054 West 23rd Street is a 5-bed, 4-bath, 2,797 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Riley Eastman, DRE #02018751

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.