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Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $365
MLS Listing ID WS21221749
Sold Date 12/28/21
HOA Y/N No
Year Built 1920
Lot Size 4,517 Sqft
Acres 0.1037
Property Description
Here is your chance to own this amazing quadplex located in the Vista Del Oro neighborhood, in the city of San Pedro. These units are 100% occupied, have no vacancy, and offer an astonishing 5.85% CAP RATE! This is a perfect opportunity for a new investor, 1031 exchange buyers, and/or first-time buyers looking to live in one while having rental income from the other occupied units. Three out of the four units have been remodeled in 2018 with new cabinets, granite countertops, laminate flooring, new bathroom vanities, lighting, and interior paint. The property has all new 200 amp electrical panels, drain pipes that have been changed to ABS plastic earlier this year, upgraded dual pane windows, and copper plumbing. One unit is detached with its own parking spot and private patio. The other three units are within a single building and each unit has its own private patio. San Pedro is home to the Korean Bell of Friendship, Point Fermin Park, Los Angeles Maritime Museum, San Pedro Fish Market & Restaurant, Cabrillo Marine Aquarium, The Port of Los Angeles, and future developments to the San Pedro waterfront attraction.
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Zoning LARD1.5
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Street Lights, Sidewalks
Private Pool No
Building
Lot Description Corner Lot
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7451034020
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960