Est. cap rate

4.8%

Assumed rent, all units

$6,420/mo

Units

3

Price per unit

$266,333

Est. annual NOI

$38,520

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,240 sqft

Lot size

5,009 sqft

Year built

1951

Stories

2

Garage spaces

3

Style

Mid Century Modern

Heating

Natural Gas,Wall Furnace

Cooling

None

Pool

None

View

Ocean

Status

Active

Days on market

135

MLS #

243445128

About this property

EXTRA LARGE, UPPER LEVEL, 2 BEDROOM 1 BATH OWNERS UNIT, WITH CUSTOM FIREPLACE AND LARGE PRIVATE BALCONY. Well maintained Triplex, a few short blocks to Cabrillo Beach and Cabrillo Marina. Upstairs two bedroom owners unit with large patio overlooking Fort Mac Arthur and Cabrillo Beach. Perfect Opportunity for an Owner User to occupy one of the units and collect the additional income from the other 2 units to help with the monthly payments. Prime Point Fermin, South San Pedro location steps to all of the ocean, water sports activities, and the scenic Ocean Bluffs along Paseo Del Mar. Long term owners. Huge upside rent potential. Three single Private detached garages vinyl windows throughout. Three separate laundry rooms, which will accommodate side-by-side washer and dryers. Pride of ownership property. Hurry this won’t last!!!

Location

3103 S Pacific

San Pedro, Los Angeles, CA, 90731