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Matteo Bommarito

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

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Courtesy: Matthew Mahowald - Buckingham Investments, Inc

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

Sold Price:

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429,200 sqft

Status: Sold

MLS#: SB18217755

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Last Updated: 7/22/2019 12:05 PM

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

County: Los Angeles

Sq ft: 429,200 (approx)

MLS#: SB18217755

Status: Closed

Description

Listing Information

Property Type: Cluster, 2 Story
Lot Size:0.11 Acres / 4,725 sq.ft.	Square Feet:429,200 (approx)
Price per Sq. Ft.:$203.87	Year Built:1919
Stories: 2

Units: 4 Total

Neighborhood

Room Information

Additional Room Information

Laundry:Hookups in Laundry Room, Inside

Interior Features

Cooling:None, Ceiling Fan(s)

Heating: Wall Unit

Fireplaces: No Fireplace

Exterior / Lot Features

Patio:Balcony

Pool:None

Pool Description:No Pool

Lot View:Harbor View

Zoning:LAC2

Additional Exterior/Lot Features: Urban

Driving Directions

Corner of W 9th St and S Grand Ave

Financial Considerations

Tax/Property ID: 7454005034

AnnualIncome / Expense: $72,804 Income ,$21,485Expense

Listing Price History

San Pedro Real Estate

San Pedro is located in California. San Pedro, California 90731 has a population of 83,670.

The median household income in San Pedro, California 90731 is $48,303. The median household income for the surrounding county is $52,750 compared to the national median of $49,877. The median age of people living in San Pedro 90731 is 37 years.

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Courtesy: Matthew Mahowald - Buckingham Investments, Inc

Licensed in: DRE# 02001732

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This content last refreshed on 7/22/2019 12:05 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Information is deemed reliable but is not guaranteed.