



Property Attributes
- MLS#SB20171932
- TypeIncome
- CountyLOS ANGELES
- CitySan Pedro
- AreaBarton Hill
- Zip90731
- Style
- Price$ 1,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3716
- Lot Size5,001 SqFt
Listing Provided Courtesy Of:
Stephen Lampe with Re/Max Commercial & Investment.
Property Description
Opportunity for investors to purchase a well-maintained apartment complex at 4.85% Cap Rate on existing income. In addition, there is currently a vacant garage and 3 storage areas that can be rented for additional income. It is a charming two-story walk-up apartment complex consisting of 5 one-bedroom units. The property consists of in two separate buildings on one lot. Four out of five units have been completely renovated with granite counter tops, new cabinets, new tankless water heaters and laminate wood flooring throughout. The property is separately metered for gas and electric and is easy to maintain. It is located in one of the strongest rental areas of San Pedro and boasts growing demand from tenants. Centrally located between Downtown, Ports O' Call Village and San Pedro Marina, the asset is poised to take advantage of the continued revitalization of Downtown and Waterfront Enhancement Project and offers easy access to shops, dining, entertainment and transportation.
Price History | |
---|---|
8/21/2020 | Listed $1,100,000 |
General Features
Attached Structure | Attached |
---|---|
Community Features | Curbs |
Directions | 8th Street just east of Gaffey |
Garage Spaces | 1.00 |
Levels | Two |
Listagentaor | South Bay |
Listing Agent | Stephen Lampe - BRE#01164364 |
Listing Agent State License | 01164364 |
MLS Area | 189 - Barton Hill |
Parking Features | None |
Pool Features | None |
Price Per Square Foot | 296.02 |
Property Attached Y/N | Yes |
Sewer | Public Sewer |
Source System | CRMLS |
Spa Features | None |
Special Listing Conditions | Standard |
Total Units | 5 |
View | None |
Zoning | LAC2 |
Interior Features
1st Bedroom Area Unit Type | Square Feet |
---|---|
2nd Bedroom Area Unit Type | Square Feet |
3rd Bedroom Area Unit Type | Square Feet |
Common Walls | 2+ Common Walls |
Fireplace Features | None |
Laundry Features | None |
Studio Area Unit Type | Square Feet |
Total Stories | 2 |
Exterior Features
Building Area Total | 3716.00 |
---|---|
Lot Features | Rectangular Lot, Level |
Lot Size Acres | 0.1148 |
Lot Size Area | 5001.0000 |
Lot Size Source | Assessor |
Lot Size Square Feet | 5001.00 |
Lot Size Units | Square Feet |
Number of Buildings | 2 |
Number of Separate Electric Meters | 5 |
Number of Separate Gas Meters | 5 |
Number of Separate Water Meters | 1 |
Road Frontage Type | Alley, City Street |
Road Surface Type | Alley Paved, Maintained |
Total Parking | 1.00 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool