Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
N/A
Spacious 4,886 SF with ocean and harbor views, this well-maintained 4-plex in San Pedro’s PRIME sought-after Point Fermin neighborhood offers an exceptional owner-user or investment opportunity. The property features a desirable unit mix: (1) 3-bed/2-bath, (2) 2-bed/2-bath, and (1) 1-bed/1-bath units. The spacious owner’s unit includes an enclosed terrace and arched walkways....Additional highlights include three tandem garages (6 spaces total), one exterior parking spot, washer/dryer hookups in each unit, and separate gas and electric meters. With over 67% upside in monthly rental income and a projected 8% CAP Rate once brought to market rent, this PRIDE OF OWNERSHIP property is ideally positioned for long-term growth. Located near the revitalized San Pedro Waterfront Park and local hot spots like Colossus and Trani’s Dockside, it sits at the center of one of LA’s most promising coastal neighborhoods. Seller will cooperate with owner-occupied eviction.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Rectangular Lot
-
Lot Size(acres)
0.1148
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$1,350,000
-
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
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Olga Wright , Lyon Stahl Investment Real Estate, Inc.
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