1825 South Gaffey Street

San Pedro, CA 90731

$1,999,000
Price
12
Beds
15
Baths
5,352 Sq. Ft.
$374 / Sq. Ft.
5,352
Sq. Ft.
$374
per Sq. Ft.

Description

Probably the cheapest brand new building in San Pedro with an expected CAP rate of 5.90. This is a brand new building just completed construction in December 2023. This is a non rent controlled building. It is rare to find similar buildings in San Pedro. All units are 3 story town house style. All units are separately metered for Water, gas and Electricity. Units have central Air condition and heating. Each unit has it's own exterior camera system with a monitor inside the unit. There are 6 parking...Probably the cheapest brand new building in San Pedro with an expected CAP rate of 5.90. This is a brand new building just completed construction in December 2023. This is a non rent controlled building. It is rare to find similar buildings in San Pedro. All units are 3 story town house style. All units are separately metered for Water, gas and Electricity. Units have central Air condition and heating. Each unit has it's own exterior camera system with a monitor inside the unit. There are 6 parking spaces on site. The solar is already installed for all 3 units and paid for. Stainless steel Refrigerator, Stove, Dish washer, microwave and washer, dryer is included. All units have large bedrooms. The square footage is based on R3 occupancy and buyer to verify. The each unit is built with 2 large standing showers. All units have balconies. Also have a pick a boo view of harbor and ocean view from the 3rd floor. The subject property is located with in a bike ride from new San Pedro harbor front development. Buy before prices go up. Many restaurants, shops and 110 freeway is nearby. This is a great property for an investor as well as for an owner occupant who wants to occupy one unit and collect rents to subsidize the mortgage payment.
  1. Listed by Suminda Sellahewa • DRE #01155576 • Brokerage DRE #01155576 • Avarnka Real Estate, Inc.

Property Details for 1825 South Gaffey Street

Water Front
None
Zoning
LARD1.5
Style
Contemporary
Accessibility Features
None
Parcel Number
7462009028
Total Units
3.0
Living Area
5352
Source Living Area
Estimated

Location

Listing Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa, DRE #01155576
Add your commute
LISTING UPDATED: 04/29/2024 05:05 PM

Property Details for 1825 South Gaffey Street

StatusActive
MLS #23-341551
Days on Market128
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.10 AC / 4,502 SF
CountyLos Angeles County

Location

Listing Courtesy of Avarnka Real Estate, Inc., Suminda Sellahewa, DRE #01155576
Add your commute

Building Information for 1825 South Gaffey Street

Stories3Residences-Year Built2023Building Size-Lot Size0.10 AC / 4,502 SF

Payment Calculator

$11,370 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,909

Property Taxes

$461

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1825 South Gaffey Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 2
  • Type Of Units: Townhome
  • View: Yes
  • View Description: Harbor, Peek-A-Boo, Ocean
  • View: Harbor, Peek-A-Boo, Ocean
  • Security Features: Carbon Monoxide Detector(s), Exterior Security Lights, Fire Sprinklers, Smoke Detector, T.V.
  • Property Condition: New Construction
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Gas, Water Heater Unit
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $117,936.00
  • Gross Income: $151,200
  • Cap Rate: 5.90%
  • Gross Rent Multiplier: $13.22
  • Actual Annual Gross Rent: $.00
  • Actual Gross Annual Income: $0
  • Actual Rent Total: $.00
  • Owner Pays: Gardener
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1034
  • Lot Size Square Feet: 4502
  • Lot Size Dimensions: 45x100
  • Source Lot Size Dimensions: Vendor Enhanced
  • Lot Features: Front Yard
  • Lot Description: Front Yard
  • Lot Location: Alley Access
Parking Details
Parking Details
  • Parking Garage: Door Opener
  • Total Parking: 6
  • Covered Parking: 3
  • Open Other Spaces Total: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage Door Opener
Interior Features
Interior Features
  • Room Type: Living Room, Primary Bathroom, Two Primaries
  • Rooms: Living Room, Master Bedroom, Two Masters
  • Levels: Multi/Split, Three Or More
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central, Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate, Ceramic Tile
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer, Solar Panels, Water Line to Refrigerator
  • Kitchen Features: Quartz Counters
  • Room Bathroom Features: Shower, Low Flow Toilet(s), Tile Counters
  • Bathroom Features: 2 Master Baths, Shower Stall, Low Flow Toilet(s), Tile
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • Cooking Appliances: Free Standing Gas, Oven-Gas, Microwave
  • Laundry: In Closet, Inside, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Exterior Features: Rain Gutters
  • Roof: Flat
  • Sprinklers: Front
  • Door Features: Sliding Doors
  • Patio Features: Balcony
  • Windows: Double Pane Windows
  • New Construction: Yes
  • Construction Materials: Stucco, Vertical Siding
  • Exterior Construction: Stucco, Vertical Siding
  • Foundation Details: None
  • Other Structural Features: Balcony, Custom Built, Sliding Glass Doors, Sprinkler System, Rain Gutters
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-25-2023
  • Rent Control: No
  • Tenant Pays: Electricity, Gas, Water, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,200.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 5
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 0
  • Number of Dishwasher: 3
  • Number of Disposal: 3
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Water Meters: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Improvement Percent: 0.0
  • Assessed Land Value: $447,372.00
  • Assessed Land Percent: 100
  • Assessed Total Value: $447,372.00
  • Private Transfer Taxes: No

Property History for 1825 South Gaffey 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 1825 South Gaffey Street

Taxable ValueLand$447,372Additions-Total$447,372
Tax Record2023$5,533 ($461 / month)
Home Facts
Beds2Stories1Lot Size4,502 SqFtStyleResidentialYear Built1920ZoningLARD1.5CountyLOS ANGELESAPN7462-009-028

Schools near 1825 South Gaffey 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 - K to 5
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

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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Similar Sold Homes

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1825 South Gaffey Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on December 25, 2023 by Avarnka Real Estate, Inc., it's currently listed at $1,999,000. It has been on the market for a total of 128 days and was last sold on February 25, 2021. 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. 1825 South Gaffey Street is a 12-bed, 15-bath, 5,352 sqft multi-family home built in 2023.

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 Avarnka Real Estate, Inc., Suminda Sellahewa, DRE #01155576

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.