Call Us:
310-936-MOVE
Message Us:
[email protected]
19
See all 19 photos
$960,000
Est. payment /mo
4,948 Sqft Lot
Active
267 W OFarrell ST San Pedro, CA 90731
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26164836
HOA Y/N No
Year Built 1928
Lot Size 4,948 Sqft
Property Sub-Type Quadruplex
Property Description
Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside.
>>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner's operating expenses.
Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.
>>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owner's operating expenses.
Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Interior
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Biking, Street Lights, Sidewalks
Private Pool No
Building
Lot Description Corner Lot, Paved
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7449013024
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Olga Wright Lyon Stahl Investment Real Estate, Inc. 310-801-7373, DRE #01315042
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION