Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1928
Sq.Footage
N/A
Prime Location! Rare opportunity to acquire a Spacious 4 unit investment property with 2 Beautifully Renovated units. Perfect for an Owner Occupant AND destined to be a Very Profitable investment. 1260 W 9th St. benefits from Large floor plans, a Generously sized lot, and is situated in one of the most Sought After Coastal neighborhoods in San Pedro -- At the Top of the Hill with Views of the harbor and a cool Ocean Breeze. There are two Turnkey 2bed 1bath units with high-end Luxury finishes, and two Spacious 1bed 1bath units generating Strong Income, with 67% Upside in gross income! Each unit has a dedicated laundry room, and rear patios for the tenants' enjoyment. There are 4 private garages, and a storage building that can easily be converted into a 5th unit. Alternatively, you can Maximize your investment by adding an Additional 4 units, for a total of 8 units, via the streamlined ADU planning/permitting process. Tenants Pay for gas, electricity, and trash, so ownership is responsible for Minimal Expenses. Whether you're an Owner Occupant that is Passively Cash Flowing Every Month, or a Savvy Investor, you will Reap the Rewards of Consistent Cash Flow, Strong Appreciation, Rent Growth, and Lucrative Tax Benefits. Reach out to the listing agent and Submit Offers ASAP, because this is a deal that will Sell Fast!
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, High Ceilings, Recessed Lighting, Storage
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Fireplace YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Parking
Garage
-
Pool
Yes
-
Pool Features
None
-
View
Bridge(s), City Lights, Harbor, Marina, Mountain(s), Neighborhood, Water
Area & Lot
-
Lot Features
Back Yard, Front Yard, Level, Near Public Transit
-
Lot Size(acres)
0.155
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Spanish
Price
-
Sales Price
$1,275,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
Dog Park
-
Foundation Details
Raised
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
8
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Shane Young , Younglewin Advisors, Inc.
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