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1835 S Grand AVE San Pedro, CA 90731
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Key Details
Sold Price $1,950,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV20256816
Sold Date 03/16/21
HOA Y/N No
Year Built 1962
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner building, is fully rented with long-term tenants at below market rates, with lots of room to grow. Each unit has its own laundry room with washer and dryer hookups, and each building has two 2-car garages, shared by tenants with one garage space for each. Each building has one water heater for 4 units. These units are conveniently located close to the Port's new waterfront development, convenient to downtown San Pedro, parks, beaches, public transportation and the 110 Freeway. These two parcels offer great upside potential for significantly increased future rents. Offered subject to inspection... Drive by only... please do not walk through or bother current tenants. One unit is currently being prepared to rent, and may be available to preview soon, by appointment.
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LAR2
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room,See Remarks
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven, Range Hood
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, See Remarks
Exterior
Garage Garage Faces Rear, See Remarks
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Parking Type Garage Faces Rear, See Remarks
Total Parking Spaces 8
Private Pool No
Building
Lot Description Corner Lot, Front Yard, Lawn, Level, Rectangular Lot, Street Level
Faces East
Story 2
Entry Level Two
Sewer Private Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7462008017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Trust
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Bought with Sheetal Parekh • Sheetal Parekh Broker