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Key Details
Sold Price $599,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW14198570
Sold Date 05/23/15
Construction Status Turnkey
HOA Y/N No
Year Built 1924
Tax Year 2013
Lot Size 5,009 Sqft
Property Description
This is a San Pedro investment opportunity at its best! This fantastic income-producing 5-unit residential income property has a wonderful mix of units, including one 2-bed/1-bath house, two 2-bed/1-bath units, and two studio/1-bath units. There is a very low turnover rate, some excellent long-term tenants, and always a wait-list for new renters. The location is in a friendly neighborhood and close to San Pedro restaurants / shopping / entertainment. The property has been extremely well maintained, has been freshly painted, has all new decks and fencing, and features pristine landscaping. The tenants are respectful of their environment and help maintain the integrity of the property. Each unit has air conditioning, garbage disposals, fireplaces, and some have refrigerators. There are separate gas / electric meters for each unit. This is a fantastic added-income producer! An absolute winner.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Cooktop, Disposal, Gas Oven, Gas Range, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage On Street
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Sewer Available
Parking Type On Street
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Water Public
Level or Stories One
Construction Status Turnkey
Others
Tax ID 7456006022
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Christopher Stone • Buckingham Investments, Inc.
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