2505 South Denison Avenue

San Pedro, CA 90731

$2,750,000
Price
1
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

2505-2509 South Denison Avenue features 14 units with a mix of (12) 1 Bed/1 Baths and (2) Studios, with projected rental upside of approximately 15% +/-. Located in the Point Fermin neighborhood, the property is on a nice, quiet street, close to Cabrillo Beach and the Marina! The property is comprised of two separate buildings on a large 11,286 square foot lot. The units are individually metered for electricity and master metered for gas. There is onsite laundry available for tenants (owned) as well...2505-2509 South Denison Avenue features 14 units with a mix of (12) 1 Bed/1 Baths and (2) Studios, with projected rental upside of approximately 15% +/-. Located in the Point Fermin neighborhood, the property is on a nice, quiet street, close to Cabrillo Beach and the Marina! The property is comprised of two separate buildings on a large 11,286 square foot lot. The units are individually metered for electricity and master metered for gas. There is onsite laundry available for tenants (owned) as well as ample parking. The immediate area is flush with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

Property Details for 2505 South Denison Avenue

City Postal ID
SAN PEDRO (90731)

Location

Listing Courtesy of Keller Williams Beach Cities, Josh Cohen, DRE #01346713
Add your commute
LISTING UPDATED: 05/10/2024 06:54 PM

Property Details for 2505 South Denison Avenue

StatusActive
MLS #SB24091654
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.12 AC / 5,405 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beach Cities, Josh Cohen, DRE #01346713
Add your commute

Building Information for 2505 South Denison Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.12 AC / 5,405 SF

Payment Calculator

$15,365 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,008

Property Taxes

$357

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2505 South Denison Avenue

Summary Information
Property and Location
  • System ID: 306165045
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 2505
  • Street Direction: S
  • Street Name: Denison Avenue
  • Directions To Property: Near 26th and Pacific
HOA and Fees
  • Monthly Total Fees: $72
  • CFD/Mello-Roos Fee: $868
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 2505-2509 South Denison Avenue features 14 units with a mix of (12) 1 Bed/1 Baths and (2) Studios, with projected rental upside of approximately 15% +/-. Located in the Point Fermin neighborhood, the property is on a nice, quiet street, close to Cabrillo Beach and the Marina! The property is comprised of two separate buildings on a large 11,286 square foot lot. The units are individually metered for electricity and master metered for gas. There is onsite laundry available for tenants (owned) as well as ample parking. The immediate area is flush with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Sidewalks
  • Zoning: Public Rec
  • Assessors Parcel Num: 7465010011
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $214,918
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 0
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $26,487

Property History for 2505 South Denison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2505 South Denison Avenue

Taxable ValueLand$176,485Additions$108,468Total$284,953
Tax Record2023$4,286 ($357 / month)
Home Facts
Total Finished SqFt3,366 SqFtAbove Grade Finished SqFt3,366 SqFtLot Size5,406 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLARD1.5CountyLOS ANGELESAPN7465-010-011

Schools near 2505 South Denison Avenue

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.

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2505 South Denison Avenue is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on May 7, 2024 by Keller Williams Beach Cities, it's currently listed at $2,750,000. 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. 2505 South Denison Avenue is a 1-bed, 2-bath, multi-family home.

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 Keller Williams Beach Cities, Josh Cohen, DRE #01346713

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.