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2401 Denison Avenue, San Pedro, CA 90731
Priced at Only: $2,295,000
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Address: 2401 Denison Avenue, San Pedro, CA 90731
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  • MLS#: SB26054681 ( Commercial/Residential )
  • Street Address: 2401 Denison Avenue
  • Viewed: 1
  • Price: $2,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: LOS ANGELES
  • City: San Pedro
  • Zipcode: 90731
  • Provided by: Porter Heritage
  • Contact: Jim Jim
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Great investment opportunity! This well maintained multifamily property presents a rare chance to acquire a strong income asset in San Pedro. The offer includes two parcels, 2401 S. Denison Ave (7465 010 032) and 2405 S. Denison Ave (7465 010 033), each improved with a seven (7) unit building, for a total of 14 units. All units are one bedroom, one bath, and many feature tile flooring. The property has been well maintained with an onsite manager and is ideally located close to major freeways and shopping. Recent improvements include new roofs (2025), upgraded electrical panels (2025), and fresh exterior paint (2025). Tenants benefit from a shared laundry room and 14+ on site parking spaces for resident use. This is the first time the property has been on the market since 2004, offering investors a compelling opportunity to acquire a stabilized asset with long term ownership history. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).
Features
Additional Parcels Description
  1. 7465010033
Appliances
  1. Disposal
  2. Water Heater Central
  3. Gas Range
Architectural Style
  1. Traditional
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3420.00
Carport Spaces
  1. 3.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Construction Materials
  1. Wood Siding
  2. Concrete
  3. Stucco
  4. Drywall Walls
Cooling
  1. None
Country
  1. US
Current Financing
  1. Conventional
Electric Expense
  1. 3500.00
Entry Location
  1. ground floor
Fencing
  1. Block
  2. Chain Link
Fireplace Features
  1. None
Foundation Details
  1. Slab
Fuel Expense
  1. 2800.00
Garage Spaces
  1. 0.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 12500.00
Interior Features
  1. Ceramic Counters
  2. Copper Plumbing Full
Laundry Features
  1. Common Area
Lockboxtype
  1. None
Lot Features
  1. Corner Lot
  2. Landscaped
  3. 0-1 Unit/Acre
  4. Front Yard
  5. Lot 10000-19999 Sqft
  6. Gentle Sloping
Netoperatingincome
  1. 137635.00
Number With Disposal
  1. 14
Number With Range
  1. 14
Parcel Number
  1. 7465010032
Parking Features
  1. Assigned
  2. Attached Carport
  3. Uncovered
Pool Features
  1. None
Professionalmanagementexpense
  1. 5400.00
Property Type
  1. Commercial/Residential
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 458427406:CRM
Tenant Pays
  1. Gas
  2. Electricity
Totalactualrent
  1. 226135.00
Totalexpenses
  1. 88500.00
Trash Expense
  1. 9500.00
Uncovered Spaces
  1. 11.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Electricity Connected
  4. Water Connected
View
  1. Neighborhood
Water Sewer Expense
  1. 8000.00
Water Source
  1. Public
Year Built
  1. 1972
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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