For more information regarding the value of a property, please contact us for a free consultation.
1144 S Palos Verdes Street San Pedro, CA 90731
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,400,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24177205
Sold Date 10/07/24
Bedrooms 1
HOA Y/N No
Lot Size 0.271 Acres
Property Description
We are proud to present our latest multifamily apartment available for sale, The Villa Cinisi Apartments. Located at 1144 South Palos Verdes Street in San Pedro, this outstanding investment opportunity overlooks the brand new, West Harbor redevelopment with stunning views of the port! Built in 1984, this investment is not subject to City of LA RSO, only State rent control laws! The fourteen units are all one bedroom units, and four of the units are larger and face the port, and will command a premium compared to other one bedroom units nearby. Property amenities feature balconies (all units), twenty two covered, secure parking spaces (which includes two, two car garages), and onsite laundry (leased). There are several small storage areas available for rent, and units have dishwashers! The immediate area in San Pedro is undergoing a renaissance, and residents all eagerly await the completion of the West Harbor Redevelopment, just a very brief walk away! West Harbor will include exciting new tenants such as Yamashiro Japanese Restaurant, Mike Hess Brewing, Mario's Butcher Shop, and several more! There will also be an immersive art gallery, an off-leash dog park, and many to-be-announced retail shops.
We are proud to present our latest multifamily apartment available for sale, The Villa Cinisi Apartments. Located at 1144 South Palos Verdes Street in San Pedro, this outstanding investment opportunity overlooks the brand new, West Harbor redevelopment with stunning views of the port! Built in 1984, this investment is not subject to City of LA RSO, only State rent control laws! The fourteen units are all one bedroom units, and four of the units are larger and face the port, and will command a premium compared to other one bedroom units nearby. Property amenities feature balconies (all units), twenty two covered, secure parking spaces (which includes two, two car garages), and onsite laundry (leased). There are several small storage areas available for rent, and units have dishwashers! The immediate area in San Pedro is undergoing a renaissance, and residents all eagerly await the completion of the West Harbor Redevelopment, just a very brief walk away! West Harbor will include exciting new tenants such as Yamashiro Japanese Restaurant, Mike Hess Brewing, Mario's Butcher Shop, and several more! There will also be an immersive art gallery, an off-leash dog park, and many to-be-announced retail shops.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Public Rec
Building
Lot Description Curbs
Story 2
Others
Monthly Total Fees $134
Acceptable Financing Cash, Exchange
Space Rent $24,448
Listing Terms Cash, Exchange
Read Less
Bought with NON LISTED AGENT • San Diego