Excellent Unit Mix of Three 2 -Bedroom and Five 1-Bedroom apartments in this charming 1920's apartment complex comprised of 3 buildings. Rents are as much as 50% below market! Situated on a large 10,000 sq. ft. double corner lot. Fantastic Upside Potential in rental income. Great location West of Gaffey and just one block walking distance to Starbucks, Rite-Aid, Big 5 and several national fast food restaurants. Two blocks from Mary Star of the Sea Elementary and several places of worship. The front building with 786-788-790-792 W 5th St was built in 1922. 790a W 5th St was added in 1924. The 3 units at 424-426-428 Cabrillo were built in 1958.

Garage Spaces 0.00 Lot Features Corner LotLevel With StreetLot 10000-19999 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None Levels Two

Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.40 Community Features Curbs Country Us Electric Expense 2134.00 Elevation Units Feet Fuel Expense 2134.00 Gross Income 7505.00 Gross Multiplier 14.21 Gross Operating Income 88560.00 Gross Scheduled Income 90062.00 Insurance Expense 2175.00 Land Lease YN No Laundry YN No Maintenance Expense 6000.00 Net Operating Income 54776.00 New Construction YN No New Taxes Expense 15027.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 33784.00 Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 7505.00 Total Expenses 33784.00 Trash Expense 2134.00 Water Sewer Expense 2134.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Stephen Lampe of Re/Max Commercial & Investment

Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-03T15:19:28.863. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.

786 W 5th Street

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786 W 5th Street San Pedro, CA 90731

Property Description

Garage Spaces	0.00
Lot Features	Corner Lot Level With Street Lot 10000-19999 Sqft Rectangular Lot
Lot Size Source	Assessor
Lot Size Units	Square Feet
Parking Total	0.00
Pool Features	None
Pool Private YN	No
Property Attached YN	Yes
Spa Features	None
Spa YN	No

Average Studio Area Units	Square Feet
Average1 Bed Area Units	Square Feet
Average2 Bed Area Units	Square Feet
Average3 Bed Area Units	Square Feet
Common Walls	2+ Common Walls
Laundry Features	None
Levels	Two

Additional Parcels YN	No
Building Area Units	Square Feet
Cap Rate	4.40
Community Features	Curbs
Country	Us
Electric Expense	2134.00
Elevation Units	Feet
Fuel Expense	2134.00
Gross Income	7505.00
Gross Multiplier	14.21
Gross Operating Income	88560.00
Gross Scheduled Income	90062.00
Insurance Expense	2175.00
Land Lease YN	No
Laundry YN	No
Maintenance Expense	6000.00
Net Operating Income	54776.00
New Construction YN	No
New Taxes Expense	15027.00
Number Of Separate Electric Meters	8
Number Of Separate Gas Meters	8
Number Of Separate Water Meters	1
Number Of Units Leased	8
Operating Expense	33784.00
Professional Management Expense	0.00
Property Sub Type	Apartment
Rent Control YN	Yes
Senior Community YN	No
Sewer	Public Sewer
Special Listing Conditions	Standard
Total Actual Rent	7505.00
Total Expenses	33784.00
Trash Expense	2134.00
Water Sewer Expense	2134.00
Water Source	Public
Year Built Source	Assessor
Zoning	Lard1.5