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    545 W 14TH St

    San Pedro, CA 90731
    • $5,195,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 20-594818
    $5,195,000
    • 28
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,900
      SQFT
    • $327
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    Description

    The 14th Street Apartments is a 20-unit, 2-story (over on grade parking) multifamily building built in 1973. The property enjoys an excellent unit mix of 12 - 1-bedroom 1 - bath & 8 - 2 bedroom 1-bath apartments. There are on-site laundry facilities for the tenants, an intercom entrance system and secure parking for 21 cars. Many of the units have balconies. This building is centrally located near the deep water port of San Pedro / Long Beach, where tenants can take advantage of the short commute to an incredible number of jobs located in the harbor area. BONUS: The building has an additional space that could act as a perfect Accessory Dwelling Unit (or ADU). It consists of a large room with kitchen and a separate bathroom with shower. This could be converted into a bachelor unit and be rented, provided the proper paperwork is filed with the city and work is completed to bring the unit up to proper standards.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T23:42:31.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107223683
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    545 W 14TH St San Pedro, CA 90731

    • Price: $5,195,000
    • Status: Active
    • ID#: 20-594818
    28
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    15,900
    SQFT
    $327
    $/SQFT
    1973
    Built
    Neighborhood:
    Plaza
    County:
    Los Angeles
    Area:
    Plaza
    Property Description
    The 14th Street Apartments is a 20-unit, 2-story (over on grade parking) multifamily building built in 1973. The property enjoys an excellent unit mix of 12 - 1-bedroom 1 - bath & 8 - 2 bedroom 1-bath apartments. There are on-site laundry facilities for the tenants, an intercom entrance system and secure parking for 21 cars. Many of the units have balconies. This building is centrally located near the deep water port of San Pedro / Long Beach, where tenants can take advantage of the short commute to an incredible number of jobs located in the harbor area. BONUS: The building has an additional space that could act as a perfect Accessory Dwelling Unit (or ADU). It consists of a large room with kitchen and a separate bathroom with shower. This could be converted into a bachelor unit and be rented, provided the proper paperwork is filed with the city and work is completed to bring the unit up to proper standards.
    Exterior Features

    Covered Parking 16 Direction Faces North Entry Location Ground Level - No Steps Exterior Construction Stucco Levels Multi/Split Lot Size Area 13505 Other Structures None Parking Garage Community Garage Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Mid-Century Tennis Court None Tennis YN No Total Parking 21 View Description None View YN No

    Interior Features

    Baths Total 20.00 Cooking Appliances None Cooling None Equipment Garbage Disposal Fireplace Rooms Living Room Flooring Carpet Heating Wall Laundry CommunityLaundry Area Laundry Equipment Lease Water Heater Features Central Water Heater

    Property Features

    Alley YN No Assessed Total Value 2886189 Gross Income 308196 Gross Operating Income 298951 Like Units1 12 Like Units2 8 Net Operating Income 176374.00 Number Of Buildings 1 Number Of Units 20 Owner Pays WaterOtherGardener Rent Control YN Yes Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Tenant Pays GasElectricity Total Annual Expense 122577 Type Of Units Apartments Water PublicWater District Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of James Gilb DRE#00998653 of Miller & Desatnik Realty Co..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-06T23:42:31.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
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    Valencia CA, 91355