San Pedro (los Angeles), CA 90731,1020 W 13th Street

$1,325,000

Est. payment /mo

$1,475,000

10.2%
Est.Price: ?

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1020 W 13th Street San Pedro (los Angeles), CA 90731

4,870 SqFt

SOLD DATE : 09/27/2024

Key Details

Sold Price $1,325,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 4,870 sqft

Price per Sqft $272

MLS Listing ID CRSB24170494

Sold Date 09/27/24

HOA Y/N No

Year Built 1969

Lot Size 6,079 Sqft

Acres 0.14

Property Description

An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential. Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Community Facility, Laundry Room

Exterior

View Y/N true

View Other, Ocean

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 7458017019

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Bridge MLS
Listed by William Mulkey • TR Wealth Management Inc.
Bought with FredDibernardo
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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