233 West Oliver Street

San Pedro, CA 90731

$1,085,000
Price
8
Beds
4
Baths
3,314 Sq. Ft.
$327 / Sq. Ft.
3,314
Sq. Ft.
$327
per Sq. Ft.

Description

Prime multi-family property in San Pedro! This meticulously maintained four-unit building offers a rare investment opportunity with significant rental income. Each unit features 2 bedrooms and 1 bath, occupied by long-term tenants ensuring a steady income stream. Recently updated with fresh paint and brand-new windows, the property also boasts well-kept landscaping, enhancing its curb appeal. Located in a desirable neighborhood near Ports O' Call with easy access to the 110 freeway, it offers convenience...Prime multi-family property in San Pedro! This meticulously maintained four-unit building offers a rare investment opportunity with significant rental income. Each unit features 2 bedrooms and 1 bath, occupied by long-term tenants ensuring a steady income stream. Recently updated with fresh paint and brand-new windows, the property also boasts well-kept landscaping, enhancing its curb appeal. Located in a desirable neighborhood near Ports O' Call with easy access to the 110 freeway, it offers convenience and attractive amenities, including proximity to schools, parks, and waterfront dining and shopping. Don't miss this chance to own a valuable asset in a prime location!
  1. Listed by Edward Jacuinde • DRE #01771487 • Brokerage DRE #02027237 • Edward Jacuinde Real Estate • 949-355-9568
  2. Listed by Zachary Balaban • DRE #02118506 • Brokerage DRE #02027237 • Edward Jacuinde Real Estate

Property Details for 233 West Oliver Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3314
Assessor Parcel Number
7449-008-025
LISTING UPDATED: 09/18/2024 05:53 AM

Property Details for 233 West Oliver Street

StatusActive
MLS #OC24155209
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.11 AC / 5,001 SF
CountyLos Angeles County

Building Information for 233 West Oliver Street

Stories2Residences-Year Built1963Building Size-Lot Size0.11 AC / 5,001 SF

Property Information for 233 West Oliver Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $59,532
  • Gross Scheduled Income: $59,532
  • Net Operating Income: $52,392
  • Gross Multiplier: 18.22
Expense Details
  • Operating Expense: $7,140
  • Gardener Expense: $600
  • Licenses Expense: $427
  • Insurance Expense: $1,550
  • Trash Expense: $0
  • Water Sewer Expense: $4,563
  • Total Expenses: $7,140
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2962.10
  • CFD/Mello-Roos Fee: $430
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
  • Heating Type: None
  • Heating: None
  • Heat Equipment: N/K
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
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: No
  • Unit Type Actual Rent: $1,375
  • Unit Type Total Rent: $1,375
  • Unit Type Pro Forma: 2300
  • 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: No
  • Unit Type Actual Rent: $1,107
  • Unit Type Total Rent: $1,107
  • Unit Type Pro Forma: 2300
  • 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: No
  • Unit Type Actual Rent: $1,049
  • Unit Type Total Rent: $1,049
  • Unit Type Pro Forma: 2300
  • 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: No
  • Unit Type Actual Rent: $1,430
  • Unit Type Total Rent: $1,430
  • Unit Type Pro Forma: 2300
  • 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 233 West Oliver 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 233 West Oliver Street

Taxable ValueLand$492,139Additions$470,265Total$962,404
Tax Record2023$11,747 ($979 / month)
Home Facts
Total Finished SqFt3,314 SqFtAbove Grade Finished SqFt3,314 SqFtLot Size5,001 SqFtStyleQuadraplexYear Built1963ZoningLAR2CountyLOS ANGELESAPN7449-008-025

Schools near 233 West Oliver 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
Charter - 9 to 12
Rating
School
Distance
Barton Hill Elementary School
PublicK to 5

Richard Henry Dana Middle School
Public6 to 8

San Pedro Senior High School
Public9 to 12

Port Of Los Angeles High School
Charter9 to 12

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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233 West Oliver Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on July 29, 2024 by Edward Jacuinde Real Estate, it's currently listed at $1,085,000. It has been on the market for a total of 3 days and was last sold on June 27, 2024. This listing's school district is Los Angeles Unified School District. Nearby schools include Barton Hill Elementary School, Richard Henry Dana Middle School and San Pedro Senior High School. 233 West Oliver Street is a 8-bed, 4-bath, 3,314 sqft multi-family home built in 1963.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edward Jacuinde Real Estate, Edward Jacuinde, DRE #01771487; Edward Jacuinde Real Estate, Zachary Balaban, DRE #02118506

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.