San Pedro, CA 90731,358 W 17th
San Pedro, CA 90731,358 W 17th
San Pedro, CA 90731,358 W 17th
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,195,000
Est. payment /mo
5,993 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26007730

HOA Y/N No

Year Built 1946

Lot Size 5,993 Sqft

Property Sub-Type Quadruplex

Property Description

Huge 4-unit property with tons of upside only 2 blocks from the enormous brand-new LA Waterfront development. 3 out of 4 units built in 1987 with over 4500 square feet of rentable space on a 6000 square foot lot plus 4 garages. Excellent unit mix with one 3 bed/2 bath front house (1947 built) plus three 2 bed/1 bath units (1987 built) in the rear. Very well priced at only $263/sq ft and 13.38X GRM on actual rents with a true 60% upside to a market GRM of 8.37 and cap rate of 7.2%. Separately metered for electricity and gas, helping keep expenses down.

Only 2 blocks from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach. Walk score of 80+ (Very Walkable)

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range

Laundry None

Exterior

Parking Features Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Wrought Iron

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Faces South

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7456024022

Energy Description 274.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Anthony Walker Buckingham Investments, Inc 310-561-4776

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