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

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,150,000
Est. payment /mo
4,996 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 SB26148406

HOA Y/N No

Year Built 1965

Lot Size 4,996 Sqft

Property Sub-Type Quadruplex

Property Description

464 W. 17th Street presents an outstanding value-add opportunity in the heart of San Pedro. This well-maintained 4-unit property consists of four spacious 2-bedroom, 1-bathroom units, each featuring washer and dryer hookups, a private one-car garage, and separately paid gas and electricity by the tenants. Currently generating $75,492 in annual rental income, the property offers approximately 59% rental upside with market rents projected at $2,400–$2,600 per unit, creating significant potential to increase cash flow and overall returns. Additionally the free-standing garages in the rear of the property can be converted into ADU(s) - buyer to verify. *** Ideally located just minutes from the rapidly transforming LA Waterfront, residents enjoy convenient access to new dining, shopping, entertainment, and major employment centers, making this an excellent investment opportunity in one of San Pedro's fastest-growing rental markets.

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Paved

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7456023017

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Olga Wright Lyon Stahl Investment Real Estate, Inc. 310-801-7373, DRE #01315042

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