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770 W 2nd Street San Pedro, CA 90731
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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24188047
Sold Date 09/27/24
Bedrooms 7
HOA Y/N No
Lot Size 5,001 Sqft
Property Description
Get ready to own this unique turnkey triplex with 7 bedrooms and 4 bathrooms, spanning 3,731sq ft. Built-in 1988, this property is not subject to RSO rent control. It is situated on a 5,001 sq ft elevated lot with alley access in the highly south-after Holy Trinity Area of San Pedro, panoramic ocean and hill views for both front-facing units. Some recent upgrades include a new roof, deck/balcony waterproofing, double-pane windows, new flooring, central heating, remodeled bathrooms, and appliances. This one-of-a-kind property provides numerous development or usage options for the future owner. An opportunity also exists to increase the Gross Annual Income from over$108k to over $132k by converting the three-car garage into an ADU while maintaining 4 parking spaces at the back of the property. The property features a mix of units, including a 3-bedroom Penthouse Unit that is close to 2,000 sq ft in size. The Penthouse unit offers a primary bathroom with an ensuite bathroom, an open fireplace, an around 600 sq ft deck, a balcony with ocean views, and more. Whether you are an investor or looking to settle down, this property offers flexibility and comfort.
Get ready to own this unique turnkey triplex with 7 bedrooms and 4 bathrooms, spanning 3,731sq ft. Built-in 1988, this property is not subject to RSO rent control. It is situated on a 5,001 sq ft elevated lot with alley access in the highly south-after Holy Trinity Area of San Pedro, panoramic ocean and hill views for both front-facing units. Some recent upgrades include a new roof, deck/balcony waterproofing, double-pane windows, new flooring, central heating, remodeled bathrooms, and appliances. This one-of-a-kind property provides numerous development or usage options for the future owner. An opportunity also exists to increase the Gross Annual Income from over$108k to over $132k by converting the three-car garage into an ADU while maintaining 4 parking spaces at the back of the property. The property features a mix of units, including a 3-bedroom Penthouse Unit that is close to 2,000 sq ft in size. The Penthouse unit offers a primary bathroom with an ensuite bathroom, an open fireplace, an around 600 sq ft deck, a balcony with ocean views, and more. Whether you are an investor or looking to settle down, this property offers flexibility and comfort.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Public Rec
Exterior
Exterior Feature Stucco
Garage Unit1:Assigned
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $38
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with NON LISTED AGENT • San Diego