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1020 W 13th ST San Pedro, CA 90731
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Key Details
Sold Price $1,325,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSB24170494
Sold Date 09/27/24
Style Traditional
Originating Board California Regional MLS
Year Built 1969
Lot Size 6,079 Sqft
Property Description
An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential. Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Cooling Window / Wall Unit
Laundry In Laundry Room, Washer/Dryer - Leased, Community Facility
Exterior
Garage Assigned Spaces, Garage, Common Parking Area, Gate / Door Opener, Other
Garage Spaces 6.0
Pool 31, None
View Marina, Ocean, 30
Roof Type Shingle,Composition
Building
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 7458017019
Special Listing Condition Not Applicable
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Bought with Fred DiBernardo