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31 Pumping Station Drive

Outside Area (Outside Ca), CA 05867
  • $1,500,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: OC24023830
UPDATED: 48 min ago
$1,500,000
  • 0
    BEDS
  • 8.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): David Prewitt of Dream Home Estates, Inc. (949-415-4646)


Description

Welcome to Historical Pumping Station Drive, a captivating property originally constructed in 1941 by the esteemed Army Corps of Engineers. Rooted in the noble cause of supporting World War II efforts, this enclave was designed to house dedicated employees of a nearby oil pumping station. Nestled on just over 8 acres, the property comprises eight impeccably maintained Cape Cod-style cottages, each a testament to enduring craftsmanship. Boasting 2 bedrooms, 1 bathroom, and a spacious loft in every residence, Pumping Station Drive seamlessly marries vintage allure with modern comfort. As you explore, you'll encounter more than just charming abodes. The landscape unfolds to reveal a dedicated nature conservation area, providing a serene retreat within the property's boundaries. Additionally, carefully manicured picnic and playground areas offer delightful spaces for relaxation and recreation. The versatility of Pumping Station Drive is as boundless as its rich history. Whether considering long-term rentals, short-term/vacation rentals, or individual sales of these distinctive homes, the potential is yours to unlock. Each cottage is a canvas for new possibilities, and the entire property is a haven waiting to embrace its next chapter.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T13:35:06.59. 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 Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
www.rusnellproperties.com/homes/147196169
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31 Pumping Station Drive Outside Area (Outside Ca), CA 05867

  • Price: $1,500,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 48 min ago
  • ID#: OC24023830
0
Beds
0
Baths
0
½ Baths
8.08
Acres
1941
Built
Neighborhood:
699 - Not Defined
County:
Other State
Area:
699 - Not Defined
Property Description
Welcome to Historical Pumping Station Drive, a captivating property originally constructed in 1941 by the esteemed Army Corps of Engineers. Rooted in the noble cause of supporting World War II efforts, this enclave was designed to house dedicated employees of a nearby oil pumping station. Nestled on just over 8 acres, the property comprises eight impeccably maintained Cape Cod-style cottages, each a testament to enduring craftsmanship. Boasting 2 bedrooms, 1 bathroom, and a spacious loft in every residence, Pumping Station Drive seamlessly marries vintage allure with modern comfort. As you explore, you'll encounter more than just charming abodes. The landscape unfolds to reveal a dedicated nature conservation area, providing a serene retreat within the property's boundaries. Additionally, carefully manicured picnic and playground areas offer delightful spaces for relaxation and recreation. The versatility of Pumping Station Drive is as boundless as its rich history. Whether considering long-term rentals, short-term/vacation rentals, or individual sales of these distinctive homes, the potential is yours to unlock. Each cottage is a canvas for new possibilities, and the entire property is a haven waiting to embrace its next chapter.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 9 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances DryerWasher Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 7 Common Interest Planned Development Community Features BikingFishingLakeStreet Lights Electric Expense 1488 Fuel Expense 0 Garage YN No Gross Income 164614 Gross Scheduled Income 168192 Insurance Expense 5280 Land Lease YN No Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeOwner May CarrySubmit Maintenance Expense 8280 Net Operating Income 102798 New Construction YN No New Taxes Expense 14430 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 65394 Other Expense 9000 Pest Control Expense 1668 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Trash Expense 4584 Water Sewer Expense 0 Water Source Well



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-23T13:35:06.59. 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 Rusnell Real Estate Group | Vista Sotheby's. Licensed in the State of California, USA.
 
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Rusnell Real Estate Group | Vista Sotheby's
16 Malaga Cove Plaza
Palos Verdes Estates CA, 90274
Listing Agent(s): David Prewitt of Dream Home Estates, Inc. (949-415-4646)