647 West 5th Street

San Pedro, CA 90731

$1,400,000
Price
8
Beds
8
Baths
6,044 Sq. Ft.
$232 / Sq. Ft.
6,044
Sq. Ft.
$232
per Sq. Ft.

Description

The property is located near the intersection of Gaffey Street and 5th Street down the block from a Starbucks, a Rite Aid, and several restaurants. The property’s proximity to retail has earned it a WalkScore of 89. Additionally, the building is four blocks from a new luxury 301-unit apartment building and less than a mile from the West Harbor (formerly known as San Pedro Public Market) development site.
647 West 5th Street is a 1918 construction with eight one-bedroom/one-bath units that are separately
...

Property Details for 647 West 5th Street

Parking Spaces Total
0
Private Pool
No

Location

Listing Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755; Marcus & Millichap, David O'Keefe, DRE #01928739

Property Details for 647 West 5th Street

StatusPending
MLS #PW20240620
Days on Market143
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.11 AC / 5,000 SF
CountyLos Angeles County

Listing Agent

Steven Bogoyevac

Steven Bogoyevac

Steven M. Bogoyevac, Broker

steve.bogoyevac@marcusmillichap.com

P: 562.257.1231

DRE #01332755

Contact Agent(s)

Location

Listing Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755; Marcus & Millichap, David O'Keefe, DRE #01928739

Building Information for 647 West 5th Street

Stories-Residences-Year Built1918Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$4,692 per month

30 year fixed, 2.95% Interest

Principal and Interest

$4,692

Property Taxes

HOA Dues

$0

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Property Information for 647 West 5th Street

Property Features
    Interior Features
  • Common Walls: No Common Walls
  • Laundry: Yes
  • Laundry Features: Community
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 8.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 0
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: false
  • Parcel Number: 7451029006
  • Property Type: Residential Income
  • Year Built: 1918
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 6044
  • Building Area Units: Square Feet
  • Living Area: 6044
Community/Development / Location Info
    School/Location Info
  • Zip Code: 90731
  • Street Number Numeric: 647.0
  • Street Name: 5th
  • Street Direction Prefix: W
  • Street Suffix: Street
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: 1 block east of Gaffey & 5th
  • Area: Barton Hill (189)
    Association Information
  • Community Features: Urban
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 2966.00
  • Tax Block: 9
  • Tax Lot: 8
  • Tax Tract Number: N/A
  • Zoning: LAR3
    Income Details
  • Cap Rate: 4.93
  • Gross Income: $0
  • Gross Multiplier: 12.67
  • Gross Scheduled Income: $110,476
  • Laundry Income: $1,401
  • Net Operating Income: $68,971
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • New Taxes Expense: $0
  • Operating Expense: $41,073
  • Professional Management Expense: $0
  • Total Expenses: $41,073
  • Trash Expense: $0
  • Water Sewer Expense: $0
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,148
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1400
  • Unit Type Units Total: 8
  • Unit Type Total Rent: $9,181
  • Unit Type Type: 1
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 0
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: Yes
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Acres: .11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5002
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 647 W 5th St

DateEvent & SourcePriceAppreciation
Apr 8, 2021

Pending

CRMLS #PW20240620

Apr 8, 2021

Pending

SDMLS #PW20240620

Apr 8, 2021

Pending

CLAW #PW20240620MR

DateEvent & SourcePrice
04/08/2021

Pending

CRMLS #PW20240620

04/08/2021

Pending

SDMLS #PW20240620

04/08/2021

Pending

CLAW #PW20240620MR

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 647 West 5th Street

Taxable ValueLand$388,461Additions$478,540Total$867,001
Tax Record2020$11,398 ($950 / month)
Home Facts
Total Finished SqFt6,044 SqFtAbove Grade Finished SqFt6,044 SqFtLot Size5,002 SqFtStyleMulti-Family Res (5+ Units)Year Built1918Year Renovated1930ZoningLAR3CountyLOS ANGELESAPN7451029006

Schools near 647 West 5th Street


SchoolTypeGradesDistanceRating
Cabrillo Avenue Elementary SchoolPublicK-50.2 mi
3
Mary Star Of The Sea Elementary SchoolPrivateK-80.3 mi
NR
Alliance Alice M. Baxter College-Ready High SchoolCharter9-120.3 mi
7
Port Of Los Angeles High SchoolCharter9-120.5 mi
7

Cabrillo Avenue Elementary School

K-5, 0.2 mi, Public

3

Mary Star Of The Sea Elementary School

K-8, 0.3 mi, Private

NR

Alliance Alice M. Baxter College-Ready High School

9-12, 0.3 mi, Charter

7

Port Of Los Angeles High School

9-12, 0.5 mi, Charter

7

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.

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755; Marcus & Millichap, David O'Keefe, DRE #01928739

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.