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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$960,000

Est. payment - /mo

4,948 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 SB26164836

HOA Y/N No

Year Built 1928

Lot Size 4,948 Sqft

Property Sub-Type Quadruplex

Property Description

Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside.
>>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner's operating expenses.
Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.

Location

State CA

County Los Angeles

Area 189 - Barton Hill

Interior

Fireplace No

Laundry Laundry Room

Exterior

Pool None

Community Features Biking, Street Lights, Sidewalks

Private Pool No

Building

Lot Description Corner Lot, Paved

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7449013024

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

NEARBY SCHOOL & BUSINESS

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267 W OFarrell ST San Pedro, CA 90731