376 West Sepulveda Street

San Pedro, CA 90731

$1,875,000
Price
12
Beds
12
Baths
4,871 Sq. Ft.
$385 / Sq. Ft.
4,871
Sq. Ft.
$385
per Sq. Ft.

Description

Twelve Single-Story Units | Large 10,814-SF Corner Lot | Tremendous Upside Potential - 9.26% Pro-Forma Cap Rate & 8.16 Pro-Forma GRM | Offered at $156,250 Per Unit | Located Less Than 1 Mile from L. A. Waterfront and Upcoming West Harbor Development, San Pedro Promenade & Future Site of 6,200-Seat Waterfront Amphitheater | Six Detached Bungalows - Totaling (Twelve) 1-Bedroom/1-Bathroom Units | Approximately 78% in Rental Upside | Half-Mile to World Cruise Center, Battleship USS Iowa Museum, the Los...Twelve Single-Story Units | Large 10,814-SF Corner Lot | Tremendous Upside Potential - 9.26% Pro-Forma Cap Rate & 8.16 Pro-Forma GRM | Offered at $156,250 Per Unit | Located Less Than 1 Mile from L. A. Waterfront and Upcoming West Harbor Development, San Pedro Promenade & Future Site of 6,200-Seat Waterfront Amphitheater | Six Detached Bungalows - Totaling (Twelve) 1-Bedroom/1-Bathroom Units | Approximately 78% in Rental Upside | Half-Mile to World Cruise Center, Battleship USS Iowa Museum, the Los Angeles Maritime Museum & Port of Los Angeles | Large Lot Presents Future Development Potential
  1. Listed by Jonathan Nikfarjam • DRE #01856803 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 376 West Sepulveda Street

Zoning
LAR2
Cross Streets
Sepulveda Street & Mesa Street
Parcel Number
7449012022
Total Units
12.0
Living Area
4871
Source Living Area
Estimated
Area
Barton Hill (189)
Vacancy Rate
0

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803
Add your commute
LISTING UPDATED: 04/18/2024 12:01 AM

Property Details for 376 West Sepulveda Street

StatusActive
MLS #24-378559
Days on Market23
Taxes$23,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.25 AC / 10,814 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803
Add your commute

Building Information for 376 West Sepulveda Street

Stories1Residences-Year Built1918Building Size-Lot Size0.25 AC / 10,814 SF

Payment Calculator

$12,186 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,233

Property Taxes

$1,953

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 376 West Sepulveda Street

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 1
  • Number Of Buildings: 6
  • Type Of Units: 1 Bed+1 Bath
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $125,455
  • Net Operating Income: $76,316.00
  • Gross Income: $129,336
  • Cap Rate: 4.07%
  • Gross Rent Multiplier: $14.50
  • Actual Annual Gross Rent: $129,336.00
  • Actual Rent Total: $129,336.00
  • Vacancy Allow Dollar: $3,880.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 49139
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.2483
  • Lot Size Square Feet: 10814
  • Lot Size Dimensions: 120x90
  • Source Lot Size Dimensions: Other
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $898.00
  • Unit Actual Rent: $10,778.00
  • Unit Projected Rent: $19,140.00
  • Like Units: 12
Unit Details
  • Unit Type Type: 2106
  • Number of Electric Meters: 12
  • Number of Gas Meters: 12
Tax and Assessed Info
Tax and Assessed Info
  • Tax Rate: 1.25%
  • Assessed Improvement Value: $601,504.00
  • Assessed Improvement Percent: 40.74
  • Assessed Land Value: $874,915.00
  • Assessed Land Percent: 59.26
  • Assessed Total Value: $1,476,419.00

Property History for 376 West Sepulveda 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 376 West Sepulveda Street

Taxable ValueLand$874,915Additions$601,504Total$1,476,419
Tax Record2023$18,965 ($1,580 / month)
Home Facts
Total Finished SqFt4,871 SqFtAbove Grade Finished SqFt4,871 SqFtLot Size10,814 SqFtStyleMulti-Family Res (5+ Units)Year Built1918ZoningLAR2CountyLOS ANGELESAPN7449-012-022

Schools near 376 West Sepulveda 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
Charter - 9 to 12
Rating
School
Distance
Barton Hill Elementary School
PublicK to 5

Richard Henry Dana Middle School
Public6 to 8

San Pedro Senior High School
Public9 to 12

Port Of Los Angeles High School
Charter9 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.

376 West Sepulveda Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on April 10, 2024 by Shield CRE, Inc., it's currently listed at $1,875,000. It has been on the market for a total of 23 days and was last sold on July 16, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Barton Hill Elementary School, Richard Henry Dana Middle School and San Pedro Senior High School. 376 West Sepulveda Street is a 12-bed, 12-bath, 4,871 sqft multi-family home built in 1918.

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 Shield CRE, Inc., Jonathan Nikfarjam, DRE #01856803

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.