425 South Cabrillo Avenue San Pedro, CA $ 950,000
425 South Cabrillo Avenue
$ 950,000
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425 South Cabrillo Avenue

San Pedro, CA, 90731
$ 950,000
Baths0.0 Sq 2,135

Monthly Estimate*

$ 5,927

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Studio

Multi-Family Home for sale in San Pedro, CA

for $950,000. This 2,135 square foot home was built in 1920 on a lot size of 0.1.

Two side by side properties are for sale by the same owner. One, a single family, two bedroom home; the other a three unit 1920's Craftsman, set up and running as short term furnished vacation rentals. These properties have been in the possession of the same family for the last 91 years. Both properties as a single purchase could be the perfect live work opportunity for the right person, couple, or family. However, we invite offers on each property independent of the other. The main house 425 was built from a Green and Green blue print purchased by thousands of contractors during the era of it's construction. It is documented as having been built in 1920. Electricity arrived in San Pedro in 1911. The ceiling fixtures were fitted with gas lines originally and wired much later than 1920. The 2 story 1923 rear house was originally built as a porte cochere. The only enclosure on the ground floor was the garage. Most of the second floor was elevated on stilts, over an area where horses were kept. According to the seller's grandparents, the area was enclosed to create the third unit around 1942.All units are in operation as furnished, short term vacation units. The Craftsman built ins are unusually well preserved, and the units are well appointed with a distinctive nod to the early 20th Century. The front house 425 can book on Air bnb, VRBO etc. as two separate units with their own exterior entrances or they can be combined into one unit for larger groups. 427 (upstairs) can sleep up to 4 with it's 2 bedrooms and living room convertible sofa. 429 (down stairs rear) can sleep two comfortably and a third on the daybed. The vacation rentals have enjoyed nearly full occupancy since we began the project four years ago. All the units are currently occupied, but can be viewed by arrangement.

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Multi-Family Contingent

Price

$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1

Year Built

1920

Town/City

San Pedro

County/Region

Los Angeles

MLS | Web ID

0024467133

Features
General
Heating Heat Pump Gravity
Cooling Heat Pump
Roof Concrete
Zoning LARD1.5
Year Built 1920
Levels Two
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA No
Contingency Active Under Contract
Status Active Under Contract
City San Pedro
Senior Community Y/N No
MLS Area 187 - Holy Trinity
Lot Size Units Square Feet
Lot Size Square Feet 4566.0
Standard Status Active Under Contract
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Interior
Flooring Wood Carpet
Kitchen Appliances Dishwasher Refrigerator Microwave
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Garage - Single Door Side by Side
Lot Size Area 4566.0
Building Area Total 2135.0
Lot Size Acres 0.1
Land Lease Type Fee
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* Excluded Features
List By
Amy Pell

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$5,927
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/30/2024$950,000 Listed Price

Map


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425 South Cabrillo Avenue, San Pedro, CA, 90731 is a Multi-Family Home for sale at $950,000 with 2,135 sqft and a lot size of 0.1. 425 South Cabrillo Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 90731 which is in San Pedro, CA