2331 South Alma Street

San Pedro, CA 90731

$1,190,000
Price
—
Beds
2
Baths
2,880 Sq. Ft.
$413 / Sq. Ft.
2,880
Sq. Ft.
$413
per Sq. Ft.

Description

Don’t miss this truly unique opportunity to put potentially as little as 3.5% down and own 2 side-by-side completely remodeled live/work "loft style" units in the highly desirable Vista Del Oro neighborhood of San Pedro! You can live in one unit on site and run your business, or rent both live/work units out as an investor. One live work unit spans approximately 1,677 square feet, which will most likely be ready for you to live/work in or rent out to a tenant of your choice at the close of escrow,...Don’t miss this truly unique opportunity to put potentially as little as 3.5% down and own 2 side-by-side completely remodeled live/work "loft style" units in the highly desirable Vista Del Oro neighborhood of San Pedro! You can live in one unit on site and run your business, or rent both live/work units out as an investor. One live work unit spans approximately 1,677 square feet, which will most likely be ready for you to live/work in or rent out to a tenant of your choice at the close of escrow, while the other unit spans approximately 1,072 square feet, and is currently rented for $3,150 per month. Each modern style unit is remodeled with sparkling stainless-steel appliances in the spacious kitchens, a separate area with washer and dryer hookups, and gorgeous walk-in showers in the roomy bathrooms. Don’t miss 5 fully gated parking spaces off of the alley in the rear, high ceilings, skylights providing abundant natural light, and split A/C and heat units. This building is close to Alma Market, The Chori-Man restaurant, and Colossus Bakery. This property is also close to restaurants, shopping, and nightlife in the downtown San Pedro area, Point Fermin Park, Cabrillo Beach, the Cabrillo Marina, famous Crafted at the Port of Los Angeles, Brouwerij West Brewery, and the Korean Bell at Angels Gate Park. Hurry and buy in San Pedro before the brand-new waterfront West Harbor project is complete!
  1. Listed by Danielle Whitney Moore • DRE #01715547 • Brokerage DRE #01501084 • Keller Williams Realty • 310-987-9103
  2. Listed by Lauren Yi • DRE #02100328 • Brokerage DRE #01501084 • Keller Williams Realty

Property Details for 2331 South Alma Street

Parking Spaces Total
5
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2880
Assessor Parcel Number
7463-008-028
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Realty, Danielle Whitney Moore, DRE #01715547; Keller Williams Realty, Lauren Yi, DRE #02100328
Add your commute
LISTING UPDATED: 03/27/2024 09:20 AM

Property Details for 2331 South Alma Street

StatusActive
MLS #SB23182553
Days on Market217
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.10 AC / 4,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty, Danielle Whitney Moore, DRE #01715547; Keller Williams Realty, Lauren Yi, DRE #02100328
Add your commute

Building Information for 2331 South Alma Street

Stories1Residences-Year Built1952Building Size-Lot Size0.10 AC / 4,500 SF

Payment Calculator

$6,802 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,494

Property Taxes

$308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2331 South Alma Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $79,800
  • Gross Scheduled Income: $79,800
  • Net Operating Income: $61,500
  • Gross Multiplier: 15.04
  • Cap Rate: 5.13
  • Current Financing: None
Expense Details
  • Operating Expense: $18,300
  • New Taxes Expense: $15,000
  • Fuel Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $1,800
  • Total Expenses: $18,300
Tax / Assessment Info
  • Tax Tract Number: 0
  • CFD/Mello-Roos Fee: $411
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Park, Watersports, Military Land, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Rectangular Lot, Park Nearby, Utilities - Overhead
  • Lot Location: Military Land, Park Nearby
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Frontage: Military Land
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,150
  • Unit Type Total Rent: $3,150
  • Unit Type Pro Forma: 3150
  • Unit Type Area: 1072
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: This unit will be delivered occupied.
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Area: 1677
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: This unit may be delivered vacant.
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 2

Property History for 2331 South Alma 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 2331 South Alma Street

Taxable ValueLand$106,806Additions$166,704Total$273,510
Tax Record2023$3,699 ($308 / month)
Home Facts
Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories1Lot Size4,500 SqFtStyleStoresYear Built1952ZoningLAC1CountyLOS ANGELESAPN7463-008-028

Schools near 2331 South Alma 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2331 South Alma Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on September 9, 2023 by Keller Williams Realty, it's currently listed at $1,190,000. 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. 2331 South Alma Street is a 0-bed, 2-bath, 2,880 sqft multi-family home built in 1952.

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 Keller Williams Realty, Danielle Whitney Moore, DRE #01715547; Keller Williams Realty, Lauren Yi, DRE #02100328

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.