462 W 1st Street, San Pedro, CA 90731

$629,000
2,280
SqFt
List Price
$629,000
Status
ACTIVE
MLS#
SB19142939
Year Built
1955
Living Sq. Ft
2,280
Lot Size
6,234
Acres
0.1431
Lot Location
2-5 Units/Acre, Lawn
Days on Market
31
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Great investment opportunity in the last affordable beach town in Los Angeles. Just a stones throw from the water enjoy a flourishing waterfront, teeming tide pools, beautiful parks, stellar seafood, windsurfing, diversity, a charming downtown, the grand suspension bridge, and cultural institutions. After winning “Best Neighborhood” by Curbed LA in 2017, the Daily Breeze noted “San Pedro is an extraordinary place to visit and call home.“ San Pedro is definitely an up and coming city that is soon to break ground on a brand new waterfront project that includes a public market, open air amphitheater and lots of unique dining options. Here is an opportunity to own a property with great upside potential that is good for long term holds and offers the chance to be a part of a transitioning community. This property has 4 1 bed/ 1 bath units with all new ceiling fans, some upgraded electrical, fresh landscaping and exterior paint. 4 uncovered parking spaces are available for tenants. Scheduled gross income is $42,240 annually.

Additional Information

Lot Description
Curbs, Street Lights, Suburban
Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Edward Kaminsky from Strand Hill Christies International Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.