For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,870 sqft
Price per Sqft $272
MLS Listing ID CRSB24170494
Sold Date 09/27/24
HOA Y/N No
Year Built 1969
Lot Size 6,079 Sqft
Acres 0.14
Property Description
An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential. Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
View Y/N true
View Other, Ocean
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7458017019
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with FredDibernardo
GET MORE INFORMATION
Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122