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$999,000
Est. payment /mo
5 Beds
7 Baths
4,102 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,102 sqft
Price per Sqft $243
MLS Listing ID 26638163
Bedrooms 5
HOA Y/N No
Year Built 1912
Lot Size 4,499 Sqft
Property Description
This exceptional 7-Unit property represents a rare investment opportunity with outstanding rental income potential. Currently delivering a robust cap rate of over 4.7%, it stands out as a prime addition to any portfolio. Built in 1912, this historic asset encompasses 4,102 square feet of thoughtfully designed living space, situated on a generous 4,500-square-foot lot with convenient alley access. The property features two charming, well-maintained 2-bedroom, 1-bath units alongside five inviting studio apartments, offering a diverse and flexible rental mix. Perfectly positioned within strolling distance to the vibrant Main Channel Waterfront, South Pacific Avenue's retail and dining hotspots, and 22nd Street Park, it combines unparalleled convenience with an exceptional lifestyle. San Pedro, one of Los Angeles' most promising emerging beach communities, seamlessly blends historic allure with dynamic growth potential, making this property a compelling opportunity for savvy investors seeking long term returns and appreciation!
Location
State CA
County Los Angeles
Area 185 - Plaza
Zoning LARD1.5
Interior
Fireplace No
Exterior
Parking Features On Street
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7456015028
Special Listing Condition Standard
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Listed by Armin Soleimani Global Platinum Properties, Inc.
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