$1,250,000
$1,450,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
6,123 Sqft Lot
SOLD DATE : 01/31/2025
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24194528
Sold Date 01/31/25
Bedrooms 8
HOA Y/N No
Lot Size 6,123 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.
Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Assessor
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Monthly Total Fees $48
Acceptable Financing Cash
Space Rent $2,300
Listing Terms Cash
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Bought with Richard Daskam • eXp Realty of California Inc