735 West 30th Street

San Pedro, CA 90731

$1,550,000
Price
8
Beds
7
Baths
4,886 Sq. Ft.
$317 / Sq. Ft.
4,886
Sq. Ft.
$317
per Sq. Ft.

Description

This Spanish 4 plex in the prime San Pedro Point Fermin neighborhood boasts 4,886 sqft with ocean and harbor views! This is an ideal opportunity for any owner/user looking to invest in LA County’s up and coming coastal neighborhoods. From the newest San Pedro Waterfront Park development to bespoke eateries like Colossus and Tranis Dockside, San Pedro is positioned to become one of LA’s hottest coastal cities. The 4 plex boasts a favorable unit mix featuring (1) 3Bed+2Bath, (2) 2Bed+2Bath and (1)...This Spanish 4 plex in the prime San Pedro Point Fermin neighborhood boasts 4,886 sqft with ocean and harbor views! This is an ideal opportunity for any owner/user looking to invest in LA County’s up and coming coastal neighborhoods. From the newest San Pedro Waterfront Park development to bespoke eateries like Colossus and Tranis Dockside, San Pedro is positioned to become one of LA’s hottest coastal cities. The 4 plex boasts a favorable unit mix featuring (1) 3Bed+2Bath, (2) 2Bed+2Bath and (1) 1Bed+1Bath units, all of which have spacious floorplans. The spacious owners unit (3 Bedroom) has an enclosed terrace and arched walkways. There are three separate tandem garages (for a total of 6 spaces) and one exterior space. The front exterior space boasts 2 citrus fruit bearing trees! There is over 73% upside available in monthly rental income. Once all units are renovated and rented for market, the property will operate at a 6.57% CAP. The property is separately metered for gas and electric and each unit has washer and dryer hookups.
  1. Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3108017373
  2. Listed by Laura Wallace • DRE #02021990 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 735 West 30th Street

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4886
Assessor Parcel Number
7465-028-003
Property Attached YN
true

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042; Lyon Stahl Investment Real Estate, Inc., Laura Wallace, DRE #02021990
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LISTING UPDATED: 04/18/2024 11:21 PM

Property Details for 735 West 30th Street

StatusActive
MLS #SB24075059
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.11 AC / 5,001 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042; Lyon Stahl Investment Real Estate, Inc., Laura Wallace, DRE #02021990
Add your commute

Building Information for 735 West 30th Street

Stories2Residences-Year Built1972Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

$9,556 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,097

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 735 West 30th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $81,204
  • Gross Scheduled Income: $81,204
  • Vacancy Allowance: 2436
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $46,637
  • Gross Multiplier: 19.09
  • Cap Rate: 3.01
Expense Details
  • Operating Expense: $32,131
  • New Taxes Expense: $18,445
  • Gardener Expense: $1,200
  • Electric Expense: $0
  • Insurance Expense: $4,886
  • Maintenance Expense: $2,400
  • Trash Expense: $0
  • Water Sewer Expense: $5,200
  • Total Expenses: $32,131
Tax / Assessment Info
  • Tax Block: 24
  • Tax Tract Number: 2976
  • Tax Census Tract: 2976.02
  • CFD/Mello-Roos Fee: $589
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,339
  • Unit Type Total Rent: $2,339
  • Unit Type Pro Forma: 3300
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,592
  • Unit Type Total Rent: $1,592
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,418
  • Unit Type Total Rent: $1,418
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,418
  • Unit Type Total Rent: $1,418
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 735 West 30th 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 735 West 30th Street

Taxable ValueLand$736,410Additions$312,236Total$1,048,646
Tax Record2023$13,167 ($1,097 / month)
Home Facts
Total Finished SqFt4,886 SqFtAbove Grade Finished SqFt4,886 SqFtLot Size5,001 SqFtStyleQuadraplexYear Built1972ZoningLARD2CountyLOS ANGELESAPN7465-028-003

Schools near 735 West 30th 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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735 West 30th Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on April 17, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,550,000. It has been on the market for a total of 15 days and was last sold on May 19, 2014. 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. 735 West 30th Street is a 8-bed, 7-bath, 4,886 sqft multi-family home built in 1972.

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 Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042; Lyon Stahl Investment Real Estate, Inc., Laura Wallace, DRE #02021990

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.