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- MLS#PV20253039
- TypeIncome
- CountyLOS ANGELES
- CitySan Pedro
- AreaPlaza
- Zip90731
- Style
- Price$ 709,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2340
- Lot Size5,001 SqFt
Listing Provided Courtesy Of:
John D'Amico with Keller Williams Palos Verdes.
Property Description
Fantastic opportunity to own a 4-unit property in up-and-coming San Pedro, California. Each unit features one bedroom, one bathroom, a laundry area, porch, and generously-sized parking space. The many updates include a new electrical system throughout, upgraded water heaters, and high-efficiency wall heaters. Each unit is separately metered, and tenants pay for gas, electricity, and trash removal services. The entire building is set up for owner and tenant convenience alike. With over 50% in upside rent potential, this building is an ideal value-add opportunity for any investor. The property also qualifies for a Federal grant with up to tens of thousands of dollars in improvements for new paint, windows, and efficiency upgrades that can also be passed on to a future buyer. All of this value is highlighted further given the property’s ideal location between the LA Waterfront's newly developed West Harbor and bustling downtown San Pedro. Blocks from shopping, restaurants, the USS Iowa, freeway access, public transportation, and much more, an investor could not ask for a better market and location for a rental property!
Price History | |
---|---|
12/8/2020 | Listed $709,000 |
General Features
Attached Structure | Attached |
---|---|
Community Features | Curbs, Sidewalks |
Directions | 110 Freeway south to Gaffey Blvd south, left on 13th street |
Garage Spaces | 2.00 |
Listagentaor | Palos Verdes Peninsula |
Listing Agent | John D'Amico - BRE#01908359 |
Listing Agent State License | 01908359 |
MLS Area | 185 - Plaza |
Pool Features | None |
Price Per Square Foot | 302.99 |
Property Attached Y/N | Yes |
Sewer | Public Sewer |
Source System | CRMLS |
Special Listing Conditions | Standard |
Total Units | 4 |
Zoning | LARD1.5 |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Common Walls | 2+ Common Walls |
Laundry Features | Gas & Electric Dryer Hookup |
Laundry Y/N | Yes |
Studio Area Unit Type | Square Feet |
Exterior Features
Building Area Total | 2340.00 |
---|---|
Lot Features | 0-1 Unit/Acre |
Lot Size Acres | 0.1148 |
Lot Size Area | 5000.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 5000.00 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Number of Separate Electric Meters | 4 |
Number of Separate Gas Meters | 4 |
Number of Separate Water Meters | 1 |
Numberofrentedgarages | 2 |
Total Parking | 2.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool