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Matteo Bommarito
Mobile Phone:
310-528-4530
matteobommarito@yahoo.com

DRE# 01367522
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Matteo Bommarito
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Mobile Phone:
310-528-4530
matteobommarito@
yahoo.com

DRE# 01367522
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604 W 9th Street,  San Pedro CA, 90731 (Residential Income)

429,200 sqft
Status: Sold
MLS#: SB18217755
1of
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Last Updated: 2/23/2019 1:01 AM
Description for 604 W 9th Street San Pedro, CA 90731
Huge 4 unit building priced under 13X GRM, lowest price per square foot in San Pedro. What a great opportunity for investors and savvy owner-occupied buyers alike! Located in the heart of San Pedro - this building consists of four large 2bed/1bath units, each with their own laundry room. Three out of the four units have been recently rehabbed/ updated with new appliances/ fixtures and two of these units will be delivered vacant at close of escrow. Each unit has a great layout and is separately metered for gas & electricity. With close proximity to Downtown San Pedro and the LA Waterfront (less than a mile from the new San Pedro Public Market, Space X Rocket & Spaceship Facility, Alta Sea Labs, Nelson One and other subsequent new developments), the new owner can capitalize on the resurgence of this strong rental market. Plus, there are plenty of local shops, restaurants, breweries, museums, transportation, parks, and Cabrillo Beach nearby for all to enjoy. This property has immense potential with solid income and is the perfect property to have in your portfolio.
Price
Sold Price:
$875,000
Sold Date:11/22/2018
Los Angeles
429,200 (approx)
SB18217755
Closed
Description
Huge 4 unit building priced under 13X GRM, lowest price per square foot in San Pedro. What a great opportunity for investors and savvy owner-occupied buyers alike! Located in the heart of San Pedro - this building consists of four large 2bed/1bath units, each with their own laundry room. Three out of the four units have been recently rehabbed/ updated with new appliances/ fixtures and two of these units will be delivered vacant at close of escrow. Each unit has a great layout and is separately metered for gas & electricity. With close proximity to Downtown San Pedro and the LA Waterfront (less than a mile from the new San Pedro Public Market, Space X Rocket & Spaceship Facility, Alta Sea Labs, Nelson One and other subsequent new developments), the new owner can capitalize on the resurgence of this strong rental market. Plus, there are plenty of local shops, restaurants, breweries, museums, transportation, parks, and Cabrillo Beach nearby for all to enjoy. This property has immense potential with solid income and is the perfect property to have in your portfolio.
Listing Information
Property Type: Cluster, 2 Story
0.11 Acres 4,725 sq.ft. 429,200 (approx)
$203.87 1919
2
4 Total
Neighborhood
Room Information
Hookups in Laundry Room, Inside
Interior Features
None, Ceiling Fan(s)
Wall Unit
No Fireplace
Exterior / Lot Features
Balcony
None
No Pool
Harbor View
LAC2
Urban
Driving Directions
Corner of W 9th St and S Grand Ave
Financial Considerations
7454005034
$72,804 Income ,$21,485Expense
Listing Price History

San Pedro Real Estate

San Pedro is located in California.

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Courtesy: Matthew Mahowald - Buckingham Investments, Inc
Licensed in: DRE# 02001732
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