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Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23220238
Sold Date 02/26/24
Bedrooms 9
HOA Y/N No
Lot Size 8,108 Sqft
Property Description
LOCATION, LOCATION, LOCATION! Pride-of-ownership real estate in Prime San Pedro Location! ***5-Unit apartment complex consisting of two structures and a quaint court-yard. Front building has a large 1,882 sq.ft. 4-Bedroom/3-Bath owner's unit built in 1991 over the front 2 units. The owner's unit boasts double-pane French doors offering views of the San Pedro Hills, a living room featuring vaulted ceilings, ceiling fans, and balconies. Four Garages and additional on-side and off-street Parking. Huge upside in rents upon unit turnover; Low expenses - Tenants pay all utilities (Water expense offset with tenant contribution).* Situated on a generous 8,106 sqft. corner lot, the complex provides a desirable living space within walking distance to stores, restaurants, and Averill Park. This well-positioned investment holds promise for both immediate returns and long-term appreciation.
LOCATION, LOCATION, LOCATION! Pride-of-ownership real estate in Prime San Pedro Location! ***5-Unit apartment complex consisting of two structures and a quaint court-yard. Front building has a large 1,882 sq.ft. 4-Bedroom/3-Bath owner's unit built in 1991 over the front 2 units. The owner's unit boasts double-pane French doors offering views of the San Pedro Hills, a living room featuring vaulted ceilings, ceiling fans, and balconies. Four Garages and additional on-side and off-street Parking. Huge upside in rents upon unit turnover; Low expenses - Tenants pay all utilities (Water expense offset with tenant contribution).* Situated on a generous 8,106 sqft. corner lot, the complex provides a desirable living space within walking distance to stores, restaurants, and Averill Park. This well-positioned investment holds promise for both immediate returns and long-term appreciation.
Location
State CA
County Los Angeles
Area San Pedro (90732)
Zoning Other
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $59
Acceptable Financing Cash, Conventional
Space Rent $3,057
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Laura Wallace • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "