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Key Details
Sold Price $750,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 1,581 sqft
Price per Sqft $474
MLS Listing ID PW23219934
Sold Date 04/29/24
Style Townhome
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1926
Lot Size 6,153 Sqft
Acres 0.1413
Property Description
REDUCED PRICE~~~ Opportunity for owner occupant or investor. Duplex (2 units) or convert back to a single family residence. Financing with only 5% down payment possible based on new Fannie Mae guidelines for 2-4 unit properties. The property will also qualify for FHA 3.5% down payment loans.~~~~ The duplex was converted from a single family residence with permits in 2018 and could be converted back to a SFR. Updated in 2018 including a new roof, plumbing and electrical. It boasts two separate units (upper 878 s/f and lower 703 s/f) each equipped with two bedrooms and one bathroom. With a large lot boasting spacious front and back yards, there's also potential to expand and add more units or garages onto the property. This duplex offers a great location close to the 110 Freeway and Vincent Thomas Bridgemaking it an ideal place for commute into Los Angeles. ~~~ Incredible opportunity to purchase in the booming San Pedro market place where there are multiple commercial developments in Downtown and on the LA Waterfront. From West Harbor, a world-class waterfront dining, retail and entertainment destination, to Alta Sea, an urban, ocean-based campus accelerating marine and scientific research, San Pedro is becoming a cultural, historic, and tourist harbor-side destination for new generations to rediscover. Focusing on emerging blue technology and innovation, North America's busiest port town is quickly becoming a science and tech-focused, visitor serving destination unmatched in Southern California.~~~ Owner will consider closing cost credit. Previously appraised at $828,000.~~~
REDUCED PRICE~~~ Opportunity for owner occupant or investor. Duplex (2 units) or convert back to a single family residence. Financing with only 5% down payment possible based on new Fannie Mae guidelines for 2-4 unit properties. The property will also qualify for FHA 3.5% down payment loans.~~~~ The duplex was converted from a single family residence with permits in 2018 and could be converted back to a SFR. Updated in 2018 including a new roof, plumbing and electrical. It boasts two separate units (upper 878 s/f and lower 703 s/f) each equipped with two bedrooms and one bathroom. With a large lot boasting spacious front and back yards, there's also potential to expand and add more units or garages onto the property. This duplex offers a great location close to the 110 Freeway and Vincent Thomas Bridgemaking it an ideal place for commute into Los Angeles. ~~~ Incredible opportunity to purchase in the booming San Pedro market place where there are multiple commercial developments in Downtown and on the LA Waterfront. From West Harbor, a world-class waterfront dining, retail and entertainment destination, to Alta Sea, an urban, ocean-based campus accelerating marine and scientific research, San Pedro is becoming a cultural, historic, and tourist harbor-side destination for new generations to rediscover. Focusing on emerging blue technology and innovation, North America's busiest port town is quickly becoming a science and tech-focused, visitor serving destination unmatched in Southern California.~~~ Owner will consider closing cost credit. Previously appraised at $828,000.~~~ Lower unit now vacant.~~~Increased rent as of April 1, 2024.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning LAR2
Interior
Flooring Laminate, Tile
Equipment Refrigerator, N/K, Gas Oven
Appliance Refrigerator, N/K, Gas Oven
Exterior
Garage Gated
Fence Chain Link, Wood
Utilities Available Sewer Connected
Roof Type Composition
Total Parking Spaces 5
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Craftsman, Craftsman/Bungalow, Traditional
Level or Stories 2 Story
Others
Monthly Total Fees $17
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
Special Listing Condition Standard
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Bought with Josue Lopez • GROW Detovi, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "