832 West Crestwood Avenue

San Pedro, CA 90731

$1,450,000
Price
8
Beds
8
Baths
4,249 Sq. Ft.
$341 / Sq. Ft.
4,249
Sq. Ft.
$341
per Sq. Ft.

Description

Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and...Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Don’t miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.
  1. Listed by Richard Daskam • DRE #01091037 • Brokerage DRE #01878277 • eXp Realty of California Inc • 562-857-1965

Property Details for 832 West Crestwood Avenue

View
Panoramic
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4249
LISTING UPDATED: 09/18/2024 11:44 PM

Property Details for 832 West Crestwood Avenue

StatusActive
MLS #PW24194528
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.14 AC / 6,123 SF
CountyLos Angeles County

Building Information for 832 West Crestwood Avenue

Stories1Residences-Year Built1987Building Size-Lot Size0.14 AC / 6,123 SF

Property Information for 832 West Crestwood Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $113,280
  • Gross Scheduled Income: $113,280
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $111,000
  • Net Operating Income: $77,000
  • Number Of Rented Garages: 8
  • Laundry Income: $1,665
  • Gross Multiplier: 14.0
  • Cap Rate: 5.3
Expense Details
  • Operating Expense: $34,000
  • New Taxes Expense: $17,500
  • Gardener Expense: $3,000
  • Fuel Expense: $200
  • Electric Expense: $2,676
  • Insurance Expense: $3,890
  • Trash Expense: $1,800
  • Water Sewer Expense: $5,000
  • Total Expenses: $34,066
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 3171
  • Tax Census Tract: 2965.00
  • CFD/Mello-Roos Fee: $578
  • Tax Lot: 24
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Park, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Equipment: Dishwasher, Laundry Area, Refrigerator, Room
  • Interior Features: Balcony
  • Room Type: Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet
Exterior Features
  • Roof: Flat
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Brick, Wood
  • View Description: Panoramic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Landscaped, Rectangular Lot, Near Public Transit
  • Direction Faces: South
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Sewer Connected
  • Electric: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Subterranean
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Attached Carport, Concrete, Driveway Down Slope From Street, On Site, Subterranean, Tandem Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,300
  • Unit Type Total Rent: $2,300
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,540
  • Unit Type Total Rent: $2,540
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Patio: 4

Property History for 832 West Crestwood 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 832 West Crestwood Avenue

Taxable ValueLand$430,737Additions$496,703Total$927,440
Tax Record2024$11,705 ($975 / month)
Home Facts
Total Finished SqFt4,249 SqFtAbove Grade Finished SqFt4,249 SqFtStories1Lot Size6,123 SqFtStyleQuadraplexYear Built1987ZoningLAR1CountyLOS ANGELESAPN7447-017-026

Schools near 832 West Crestwood 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
Charter - 9 to 12
Rating
School
Distance
Bandini Street Elementary School
PublicK to 5

Rudecinda Sepulveda Dodson 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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832 West Crestwood Avenue is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on September 18, 2024 by eXp Realty of California Inc, it's currently listed at $1,450,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Bandini Street Elementary School, Rudecinda Sepulveda Dodson Middle School and San Pedro Senior High School. 832 West Crestwood Avenue is a 8-bed, 8-bath, 4,249 sqft multi-family home built in 1987.

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 eXp Realty of California Inc, Richard Daskam, DRE #01091037

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.