932 West Summerland Avenue

San Pedro, CA 90731

$585,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

TWO FOR THE PRICE OF ONE! Well-kept property featuring two 2 bedroom 1 bath homes that are approximately 1000 sq ft each and are located in the desirable Holy Trinity area. Low-maintenance exteriors and lots of off-street parking for each unit. Live in one and collest rent from the other to help pay the mortgage.Both are currently tenant occupied and property is subject to LA City Rent Control restrictions. Visit https://hcidla.lacity.org/RSO-Overview for more information.

Property Details for 932 West Summerland Avenue

View
None
Parking Spaces Total
0
Private Pool
No

Location

Listing Courtesy of Compass, Gary Krill, DRE #01086159

Listing Agent

  1. Gary Krill

    Listing Agent

    Compass

    DRE #01086159

    gary.krill@compass.com

    P: (310) 994-3922

Building Information for 932 West Summerland Avenue

Stories-Residences-Year Built1961Building Size-Lot Size0.11 AC / 4,770 SF

Payment Calculator

$2,104 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,104

Property Taxes

HOA Dues

$0

Property Information for 932 West Summerland Avenue

Property Features
    Interior Features
  • Common Walls: No Common Walls
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Levels: One
  • Total Units: 2.0
  • View: No
    Exterior Features
  • Pool Features: None
  • Spa: No
  • Spa Features: None
    Parking Info
  • Garage Spaces: 0
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Direction Faces: South
  • New Construction: No
  • Property Attached YN: false
  • Parcel Number: 7447006028
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1961
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 1988
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • Status: Active Under Contract
  • Zip Code: 90731
  • Street Number Numeric: 932.0
  • Street Name: Summerland
  • Street Direction Prefix: W
  • Street Suffix: Avenue
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: Gaffey St or Western Ave to Summerland Ave
  • MLS Area Major: Holy Trinity (187)
    Association Information
  • Community Features: Curbs, Sidewalks
  • Association Fee: $.00
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 2965.00
  • Tax Lot: 130
  • Tax Tract Number: 3295
  • Zoning: LAR2
    Income Details
  • Cap Rate: 3.9
  • Gross Income: $32,964
  • Gross Multiplier: 17.7
  • Gross Scheduled Income: $32,964
  • Net Operating Income: $22,964
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $1,200
  • New Taxes Expense: $7,000
  • Operating Expense: $10,000
  • Total Expenses: $10,000
  • Trash Expense: $0
  • Water Sewer Expense: $1,800
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,400
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1800
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,400
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,347
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1800
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,347
  • Unit Type Type: 2
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • 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
  • Tenant Pays: Electricity, Gas, Trash Collection
  • Total Actual Rent: $2,747
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Acres: .11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4770
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 585000.0

Property History for 932 West Summerland Avenue

DateEvent & SourcePriceAppreciation
Mar 10, 2020

Accepting Backup Offers

CRMLS #SB20043167

Mar 2, 2020

Listed (Active)

CRMLS #SB20043167

$585,000
DateEvent & SourcePrice
03/10/2020

Accepting Backup Offers

CRMLS #SB20043167

03/02/2020

Listed (Active)

CRMLS #SB20043167

$585,000

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

Public Records for 932 West Summerland Avenue

Taxable ValueLand$113,518Additions$122,982Total$236,500
Tax Record2018$2,969
Home Facts
Beds4Finished Sq.Ft.1,988 SqFtLot Size4,770 SqFtStyleDuplexYear Built1961ZoningLAR2CountyLOS ANGELESAPN7447006028

Schools near 932 West Summerland Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Bandini Street Elementary SchoolPublicK-60.1 mi
5
Holy Trinity Elementary SchoolPrivateK-80.4 mi
NR
Harbor Occupational CenterPublic0.6 mi
NR
Mary Star Of The Sea Elementary SchoolPrivateK-80.7 mi
NR

Bandini Street Elementary School

K-6, 0.1 mi, Public

5

Holy Trinity Elementary School

K-8, 0.4 mi, Private

NR

Harbor Occupational Center

0.6 mi, Public

NR

Mary Star Of The Sea Elementary School

K-8, 0.7 mi, Private

NR

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.

Property Details for 932 West Summerland Avenue

StatusAccepting Backup Offers
MLS #SB20043167
Year Built1961
DOM8
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Lot Size0.11 AC / 4,770 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Gary Krill

Compass

gary.krill@compass.com

P: (310) 994-3922

DRE #01086159

Contact Agent(s)

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.
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 Compass, Gary Krill, DRE #01086159
The information being provided by CARETS and CRMLS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, VCRDS and/or CRMLS and 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 CARETS or CRMLS. 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.