Property Description

Opportunity for investors to purchase a well-maintained apartment complex at 4.85% Cap Rate on existing income. In addition, there is currently a vacant garage and 3 storage areas that can be rented for additional income. It is a charming two-story walk-up apartment complex consisting of 5 one-bedroom units.

The property consists of in two separate buildings on one lot. Four out of five units have been completely renovated with granite counter tops, new cabinets, new tankless water heaters and laminate wood flooring throughout. The property is separately metered for gas and electric and is easy to maintain.

It is located in one of the strongest rental areas of San Pedro and boasts growing demand from tenants. Centrally located between Downtown, Ports O

Features
: Heated, Community, Indoor, Association
: Radiant
: Key Card Entry, Closed Circuit Camera(s)
: Concrete, Deck
: 4
: Refrigerator, Microwave, Electric oven, Electric range
: Balcony, Elevator, Open Floorplan, Bedroom On Main Level, Solid Surface Counters
: Curbs, Sidewalks, Street Lights, Park, Pool
None
Sewer Tap Paid
: Pool, Trash, Water, Sauna, Controlled access, Management, Recreation Room, Fitness Center, Pets Allowed, Pet Restrictions
Carpet,Laminate,Tile
: Common Area
: Sewer connected, Water connected, Electricity Connected
: Public
: Drapes
: Bernardo Springs
: 2+ common walls
: Lobby
2
2
: Modern
: Garage, Assigned, Tandem, Controlled Entrance
$0
MLS Addon
Berkshire Hathaway HomeService
One
401
Monthly
460
22172
2
$0
0 Sqft
$0
2
: Stucco
4
Prospect Avenue to Camino Real; Sepulveda Blvd turns into Camino Real
jstasio@cox.net
Cash,Cash to New Loan
$0

1108 Camino Real 401

2 Bedrooms
2 Bathrooms
1,033 Sqft
$620,000
Listing ID #PV21086843
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : PV21086843
Price : $620,000
View : Orchard,valley
Bedrooms : 2
Bathrooms : 2
Bathrooms (3/4) : 2
Square Footage : 1,033 Sqft
Year Built : 1971
Lot Area : 0.51 Acre
Property Sub-Type : Condominium
Status : Active
DOM : 4
Architectural Style : Multi Family
Agent info
Schedule A Showing

Walkscore


Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern