462 West 3rd Street

San Pedro, CA 90731

$999,000
Price
5
Beds
4
Baths
2,042 Sq. Ft.
$489 / Sq. Ft.
2,042
Sq. Ft.
$489
per Sq. Ft.

Description

Price improvement Stunning 2 units, multi family built in 2006 with no local rent control. Unit mix includes a 2 spacious bedrooms with 2 baths unit in the front and a 3 bedrooms with 2 baths , 2nd unit in the rear. Each unit has its own garage. Both units are separately metered for water, gas and electricity. Excellent opportunity for an extended family or someone who would like to occupy one unit and rent the other. The amazing West Harbor project is being built nearby with a staggering $500 million...Price improvement Stunning 2 units, multi family built in 2006 with no local rent control. Unit mix includes a 2 spacious bedrooms with 2 baths unit in the front and a 3 bedrooms with 2 baths , 2nd unit in the rear. Each unit has its own garage. Both units are separately metered for water, gas and electricity. Excellent opportunity for an extended family or someone who would like to occupy one unit and rent the other. The amazing West Harbor project is being built nearby with a staggering $500 million private development replacing the old Ports O’Call with 42-acres of retail . Further, the port of Los Angeles is spending 1 billion dollars in redevelopment of the area over a 10 year period. The area is developing fast and this is the time to buy within close proximity of the Ocean and enjoy the refreshing cool breeze. Property is virtually staged for marketing and presentation purposes. Tenants pay all utilities. Front unit # 462 W 3rd St, 2+2, rents for $1,940/pm. Lease expires in April'2024. Rear Unit # 464 W 3rd St, 3+2, rents for $2,650. Lease expires in Feb'2024 and the tenant is on a month to month basis. Tenants pay all utilities.
  1. Listed by Ravinder Sood • DRE #01472019 • Brokerage DRE #00808075 • Berkshire Hathaway HomeServices California Properties • 818-554-5050

Property Details for 462 West 3rd Street

Architectural Style
Contemporary
View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Ravinder Sood, DRE #01472019
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LISTING UPDATED: 03/20/2024 12:17 PM

Property Details for 462 West 3rd Street

StatusActive
MLS #SR23149177
Days on Market266
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2006
Lot Size0.11 AC / 4,593 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Ravinder Sood, DRE #01472019
Add your commute

Building Information for 462 West 3rd Street

Stories1Residences-Year Built2006Building Size-Lot Size0.11 AC / 4,593 SF

Payment Calculator

$6,410 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$958

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 462 West 3rd Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $61,380
  • Gross Scheduled Income: $61,380
  • Net Operating Income: $47,104
  • Number Of Rented Garages: 1
  • Garage Rental Rate: $525
Expense Details
  • Operating Expense: $14,276
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $14,276
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 296...
  • Tax Census Tract: 2962.20
  • CFD/Mello-Roos Fee: $1,216
  • Tax Lot: 25
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Fishing, Street Lights, Urban
Property / Structure Info
Interior Features
  • Interior Features: Ceiling Fan(s), Granite Counters, Pantry
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Entry Location: Living Room
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Other Structures: Two On A Lot
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $31,800
  • Unit Type Total Rent: $31,800
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $23,280
  • Unit Type Total Rent: $23,280
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 462 West 3rd 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 462 West 3rd Street

Taxable ValueLand$627,300Additions$306,000Total$933,300
Tax Record2023$11,502 ($958 / month)
Home Facts
Total Finished SqFt2,042 SqFtAbove Grade Finished SqFt2,042 SqFtLot Size4,593 SqFtStyleDuplexYear Built2006ZoningLARD1.5CountyLOS ANGELESAPN7455-001-021

Schools near 462 West 3rd 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

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462 West 3rd Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on August 9, 2023 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $999,000. It has been on the market for a total of 266 days and was last sold on October 19, 2021. 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. 462 West 3rd Street is a 5-bed, 4-bath, 2,042 sqft multi-family home built in 2006.

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 Berkshire Hathaway HomeServices California Properties, Ravinder Sood, DRE #01472019

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.