623 West 22nd Street

San Pedro, CA 90731

$1,395,000
Price
10
Beds
5
Baths
4,216 Sq. Ft.
$331 / Sq. Ft.
4,216
Sq. Ft.
$331
per Sq. Ft.

Description

Fantastic investment opportunity three blocks from the san pedro waterfront, marinas , and cabrillo beach. This building has been well cared for by its long term owners. Unit #3 (see photos) has been recently remodeled with new kitchen cabinets, counter tops, updated bathroom and laminate flooring. All units have interior laundry. 5 seperate garages, the owner is currently using one and it can be rented seperatly when vacated. There is a seperate storage room alsoFantastic investment opportunity three blocks from the san pedro waterfront, marinas , and cabrillo beach. This building has been well cared for by its long term owners. Unit #3 (see photos) has been recently remodeled with new kitchen cabinets, counter tops, updated bathroom and laminate flooring. All units have interior laundry. 5 seperate garages, the owner is currently using one and it can be rented seperatly when vacated. There is a seperate storage room also

Property Details for 623 West 22nd Street

Architectural Style
Contemporary
View
None
Parking Spaces Total
5
Private Pool
No
Cooling Type
N/K
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of RE/MAX Estate Properties, Gordon Teuber, DRE #00700412
Add your commute
LISTING UPDATED: 05/03/2024 11:39 AM

Property Details for 623 West 22nd Street

StatusActive
MLS #PV24086608
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Estate Properties, Gordon Teuber, DRE #00700412
Add your commute

Building Information for 623 West 22nd Street

Building/Complex623 W 22nd StFloor-Stories2Residences-Pet Policy-Year Built1962Building Size-

Payment Calculator

$7,861 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$248

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 623 West 22nd Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $97,980
  • Gross Scheduled Income: $97,980
  • Gross Equity: $1,395,000
  • Net Operating Income: $72,985
  • Current Financing: None
Expense Details
  • Operating Expense: $24,495
  • Operating Expense Percent: 25.00%
  • Insurance Expense: $200
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $300
  • Total Expenses: $500
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 000
  • Tax Census Tract: 2972.01
  • CFD/Mello-Roos Fee: $945
  • Tax Lot: 12
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Gutters, Watersports, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: Electric Oven, Gas Range
  • Equipment: In Kitchen, Inside
  • Interior Features: Block Walls, Copper Plumbing Partial
  • Room Type: Kitchen
  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s)
  • Construction Materials: Plaster, Stucco
  • Exterior Construction: Plaster, Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Entry Location: Ground / 2nd story
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Raised
  • Other Structures: Storage
  • Property Condition: Turnkey
  • View Description: None
  • Waterfront Features: Marina in Community, Ocean Access
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: N/A
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage, Garage Faces Rear, Garage Faces Side
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,211
  • Unit Type Total Rent: $1,211
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,320
  • Unit Type Total Rent: $1,320
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,356
  • Unit Type Total Rent: $1,356
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,928
  • Unit Type Total Rent: $1,928
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 5
  • Number With Refrigerator: 0
  • Number With Disposal: 5

Property History for 623 West 22nd 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 623 West 22nd Street

Taxable ValueLand$30,131Additions$139,248Total$169,379
Tax Record2023$2,977 ($248 / month)
Home Facts
Total Finished SqFt4,216 SqFtAbove Grade Finished SqFt4,216 SqFtLot Size4,986 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLARD1.5CountyLOS ANGELESAPN7465-001-011

Schools near 623 West 22nd 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.

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623 West 22nd Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on April 30, 2024 by RE/MAX Estate Properties, it's currently listed at $1,395,000. 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. 623 West 22nd Street is a 10-bed, 5-bath, 4,216 sqft multi-family home built in 1962.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Estate Properties, Gordon Teuber, DRE #00700412

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.