727 West 16th Street

San Pedro, CA 90731

$750,000
Price
4
Beds
2
Baths
1,523 Sq. Ft.
$492 / Sq. Ft.
1,523
Sq. Ft.
$492
per Sq. Ft.

Description

Exceptional value-add investment opportunity at 727 W 16th Street, a well-positioned two-story duplex located in the highly desirable Vista del Oro neighborhood of San Pedro. This prime location is just minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park, shopping, dining and public transportation. The property features an ideal unit mix of all 2 Bedroom 1 Bath units. Garage in the rear of the property is currently vacant and can be rented or converted into an ADU (buyer to verify). Tenants pay...Exceptional value-add investment opportunity at 727 W 16th Street, a well-positioned two-story duplex located in the highly desirable Vista del Oro neighborhood of San Pedro. This prime location is just minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park, shopping, dining and public transportation. The property features an ideal unit mix of all 2 Bedroom 1 Bath units. Garage in the rear of the property is currently vacant and can be rented or converted into an ADU (buyer to verify). Tenants pay their own gas, electric and trash; landlord only pays for the DWP Water service. This is an ideal property for investors looking for a high-potential asses with substantial upside in a location where property values continue to appreciate due to the new $170M Waterfront development poised for completion in 2025.
  1. Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3108017373

Property Details for 727 West 16th Street

Parking Spaces Total
1
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1523
Assessor Parcel Number
7454-035-010
Property Attached YN
true

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042
Add your commute
LISTING UPDATED: 05/29/2024 11:45 PM

Property Details for 727 West 16th Street

StatusActive
MLS #SB24101707
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.12 AC / 5,218 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042
Add your commute

Building Information for 727 West 16th Street

Stories2Residences-Year Built1947Building Size-Lot Size0.12 AC / 5,218 SF

Payment Calculator

$4,362 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 727 West 16th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $33,708
  • Gross Scheduled Income: $33,708
  • Vacancy Allowance: 1011
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $18,947
Expense Details
  • Operating Expense: $13,749
  • New Taxes Expense: $8,903
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,447
  • Maintenance Expense: $1,000
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Total Expenses: $13,749
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 2372
  • Tax Census Tract: 2969.01
  • CFD/Mello-Roos Fee: $261
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Walkstreet
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,762
  • Unit Type Total Rent: $1,762
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,047
  • Unit Type Total Rent: $1,047
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 727 West 16th 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 727 West 16th Street

Taxable ValueLand$123,684Additions$123,684Total$247,368
Tax Record2023$3,228 ($269 / month)
Home Facts
Total Finished SqFt1,523 SqFtAbove Grade Finished SqFt1,523 SqFtLot Size5,218 SqFtStyleDuplexYear Built1947ZoningLAR2CountyLOS ANGELESAPN7454-035-010

Schools near 727 West 16th 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
Leland 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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727 West 16th Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on May 23, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $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. 727 West 16th Street is a 4-bed, 2-bath, 1,523 sqft multi-family home built in 1947.

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 Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

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.