2404 South Carolina Street

San Pedro, CA 90731

$1,295,000
Price
8
Beds
4
Baths
3,672 Sq. Ft.
$353 / Sq. Ft.
3,672
Sq. Ft.
$353
per Sq. Ft.

Description

One unit to be delivered vacant! Just Reduced $55K! We are pleased to present this fourplex in the Point Fermin area of San Pedro! The unit mix consists of four 2+1 units with one unit having an ocean view. The investment consists of approximately 3,672 of rentable square feet and is situated on an approximately 6,092 square foot parcel. Recent property upgrades include new vinyl windows throughout, a newer roof and new water heaters in each unit. The building amenities include a large driveway with...One unit to be delivered vacant! Just Reduced $55K! We are pleased to present this fourplex in the Point Fermin area of San Pedro! The unit mix consists of four 2+1 units with one unit having an ocean view. The investment consists of approximately 3,672 of rentable square feet and is situated on an approximately 6,092 square foot parcel. Recent property upgrades include new vinyl windows throughout, a newer roof and new water heaters in each unit. The building amenities include a large driveway with 4 carport spaces. Each unit includes an in-unit washer & dryer and some of the units have been renovated. The property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance. Point Fermin is a very popular destination for renters as this location consists of mainly single family homes and smaller residential properties. The building is 2 miles from the new Ports O' Call development. This development is totally revitalizing the city of San Pedro and bringing terrific restaurants and retail to the area. The building is also close to Point Fermin Park and the Korean Friendship Bell. This sprawling coastal park offers panoramic ocean views, lush green spaces, and recreational amenities such as hiking trails, picnic areas, and a historic lighthouse.
  1. Listed by John Katnik • DRE #02002695 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 2404 South Carolina Street

Water Front
None
Zoning
LARD1.5
Parcel Number
7465010031
Total Units
4.0
Living Area
3672
Source Living Area
Assessor
Area
Point Fermin (181)
Vacancy Rate
25%

Location

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Add your commute
LISTING UPDATED: 04/08/2024 09:43 AM

Property Details for 2404 South Carolina Street

StatusActive
MLS #24-364505
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.14 AC / 6,092 SF
CountyLos Angeles County

Location

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Add your commute

Building Information for 2404 South Carolina Street

Stories2Residences-Year Built1957Building Size-Lot Size0.14 AC / 6,092 SF

Payment Calculator

$7,760 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,067

Property Taxes

$693

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2404 South Carolina Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2 bedrooms
  • View: Yes
  • View Description: Water
  • View: Water
  • Security Features: None
  • Direction Faces: East
  • Water Heaters: Yes
  • Additions Alterations: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $95,983
  • Net Operating Income: $66,171.00
  • Gross Income: $98,952
  • Cap Rate: 5.11%
  • Gross Rent Multiplier: $13.09
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water
  • Total Annual Expense: 29812
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1399
  • Lot Size Square Feet: 6092
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 4
  • Carport Spaces Total: 4
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Flooring: Vinyl
  • Equipment: Washer, Dryer, Microwave, Range/Oven, Dishwasher, Refrigerator
  • Common Walls: Attached
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Windows: Double Pane Windows
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-04-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Trash Collection, Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,208.00
  • Unit Actual Rent: $2,208.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $236,407.00
  • Assessed Improvement Percent: 36.57
  • Assessed Land Value: $409,969.00
  • Assessed Land Percent: 63.43
  • Assessed Total Value: $646,376.00
  • Private Transfer Taxes: No

Property History for 2404 South Carolina 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 2404 South Carolina Street

Taxable ValueLand$409,969Additions$237,527Total$647,496
Tax Record2023$8,316 ($693 / month)
Home Facts
Total Finished SqFt3,672 SqFtAbove Grade Finished SqFt3,672 SqFtLot Size6,092 SqFtStyleQuadraplexYear Built1957ZoningLARD1.5CountyLOS ANGELESAPN7465-010-031

Schools near 2404 South Carolina 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

Point Fermin Elementary School
PublicK to 5

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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2404 South Carolina Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on March 4, 2024 by BRC Advisors- BH, it's currently listed at $1,295,000. It has been on the market for a total of 54 days and was last sold on September 30, 2003. 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. 2404 South Carolina Street is a 8-bed, 4-bath, 3,672 sqft multi-family home built in 1957.

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 BRC Advisors- BH, John Katnik, DRE #02002695

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.