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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$1,985,000

Est. payment - /mo

6,751 Sqft Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PV24210944

HOA Y/N No

Year Built 1924

Lot Size 6,751 Sqft

Property Sub-Type Apartment

Property Description

Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.

Location

State CA

County Los Angeles

Area 185 - Plaza

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7454018003

Energy Description 779.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Nicole Pletkovich • Keller Williams Realty • 424-558-0476

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675 W 11th ST San Pedro, CA 90731