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Key Details
Sold Price $1,270,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24079961
Sold Date 07/17/24
Bedrooms 9
HOA Y/N No
Lot Size 8,103 Sqft
Property Description
Introducing a lucrative income property featuring four very spacious units, all currently occupied. This well-maintained property comprises one 3 bedroom, 2 bath unit, and three 2 bedroom, 1 bath units, each upgraded with modern amenities including copper plumbing, tiled floors, washer and dryer hookups, marble countertops, and ceramic tile. The exterior of the building has been recently painted and the roof is less than 7 years old. Each unit offers the convenience of multiple carport parking spaces, ensuring ease for residents. This great property is currently operating at a 5.5% CAP Rate. Nestled in a prime location near restaurants, parks, stores, and the marina, this property offers a desirable living experience with great views of the harbor enjoyed from the rear apartments.
Introducing a lucrative income property featuring four very spacious units, all currently occupied. This well-maintained property comprises one 3 bedroom, 2 bath unit, and three 2 bedroom, 1 bath units, each upgraded with modern amenities including copper plumbing, tiled floors, washer and dryer hookups, marble countertops, and ceramic tile. The exterior of the building has been recently painted and the roof is less than 7 years old. Each unit offers the convenience of multiple carport parking spaces, ensuring ease for residents. This great property is currently operating at a 5.5% CAP Rate. Nestled in a prime location near restaurants, parks, stores, and the marina, this property offers a desirable living experience with great views of the harbor enjoyed from the rear apartments.
Location
State CA
County Los Angeles
Area San Pedro (90732)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with NON LISTED AGENT • San Diego