364 West 16th Street
Description
have excellent upside as current rent is very low. Front unit is 3 bedrooms with 1 bath. The back unit is 2 bedroom with 1 bath. In addition, there is
a "guest house" which is a studio with 3/4 bath (no kitchen) that is currently vacant and can potentially be converted into a 3rd unit for rent
(please verify with city on the possibility). There is also an...This Duplex is located in a nice neighborhood in the city of San Pedro walking distance to local shops and restaurants by the water. This property
have excellent upside as current rent is very low. Front unit is 3 bedrooms with 1 bath. The back unit is 2 bedroom with 1 bath. In addition, there is
a "guest house" which is a studio with 3/4 bath (no kitchen) that is currently vacant and can potentially be converted into a 3rd unit for rent
(please verify with city on the possibility). There is also an open space in the middle between the 2 units which may have ADU potential (please check with city) There is plenty of parking on the long driveway. New fence was installed approx 6yrs ago. Both units has it's own electric and gas meters as well as laundry hookups. 1 of 2 units needs a remodel. This is a perfect fixer. Don't pass up this great investment opportunity!
- Listed by Kenny Wu • DRE #01959428 • Brokerage DRE #02066940 • Pacific Shore Global, Inc. • 7144580358
- Listed by Silvia Tseng • DRE #01879233 • Brokerage DRE #01879233 • Pacific Shore Platinum Prop.
Property Details for 364 West 16th Street
Property Details for 364 West 16th Street
| Status | Active |
|---|---|
| MLS # | OC24043504 |
| Days on Market | 260 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| Lot Size | 0.11 AC / 5,005 SF |
| County | Los Angeles County |
Building Information for 364 West 16th Street
Property Information for 364 West 16th Street
- Tenant Pays: Electricity, Gas, Trash Collection
- Gross Income: $29,153
- Gross Scheduled Income: $29,153
- Net Operating Income: $22,161
- Number Of Rented Garages: 1
- Garage Rental Rate: $200
- Operating Expense: $6,992
- Fuel Expense: $0
- Insurance Expense: $1,000
- Other Expense: $4,892
- Other Expense Description: P Tax
- Trash Expense: $0
- Water Sewer Expense: $1,100
- Total Expenses: $6,992
- Tax Block: 31
- Tax Tract Number: 2346
- Tax Census Tract: 2971.20
- CFD/Mello-Roos Fee: $296
- Tax Lot: 25
- Accessibility Features: None
- Disability Access: None
- Community Features: Sidewalks
- Appliances: None
- Equipment: Gas Dryer Hookup, None, Washer Hookup
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Heating Type: Wall
- Heating: Wall Furnace
- Entry Location: Front
- Property Condition: Fixer
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: Level with Street
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Topography: Level
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Water Connected
- Electric: Standard
- Water Source: Public
- Garage Spaces: 2
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,344
- Unit Type Total Rent: $1,344
- Unit Type Pro Forma: 2500
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $886
- Unit Type Total Rent: $886
- Unit Type Pro Forma: 2000
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 0
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $200
- Unit Type Total Rent: $200
- Unit Type Pro Forma: 200
- Unit Type Type: 3
- Number Of Units Leased: 2
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 364 West 16th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 364 West 16th Street
Schools near 364 West 16th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Fifteenth Street 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.
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Listing Courtesy of Pacific Shore Global, Inc., Kenny Wu, DRE #01959428; Pacific Shore Platinum Prop., Silvia Tseng, DRE #01879233
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.