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335 W 13th ST San Pedro, CA 90731
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Key Details
Sold Price $670,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV20253039
Sold Date 03/18/21
HOA Y/N No
Year Built 1924
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Fantastic opportunity to own a 4-unit property in up-and-coming San Pedro, California.
Each unit features one bedroom, one bathroom, a laundry area, porch, and generously-sized parking space.
The many updates include a new electrical system throughout, upgraded water heaters, and high-efficiency wall heaters. Each unit is separately metered, and tenants pay for gas, electricity, and trash removal services. The entire building is set up for owner and tenant convenience alike.
With over 50% in upside rent potential, this building is an ideal value-add opportunity for any investor. The property also qualifies for a Federal grant with up to tens of thousands of dollars in improvements for new paint, windows, and efficiency upgrades that can also be passed on to a future buyer.
All of this value is highlighted further given the property’s ideal location between the LA Waterfront's newly developed West Harbor and bustling downtown San Pedro. Blocks from shopping, restaurants, the USS Iowa, freeway access, public transportation, and much more, an investor could not ask for a better market and location for a rental property!
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LARD1.5
Rooms
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup
Interior
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7456014007
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with John D'Amico • Keller Williams Palos Verdes