Property Description

The subject property is a two story 4 plex located in the highly desirable South Coastal area of San Pedro on West 25th Street just a few minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park and Royal Palms Beach.

This is an ideal property for an investor looking for an investment with upside as well as an opportunity for an owner/user. The units are all 2-bedroom 1 bath floorplans and 1 unit (A) is vacant, unit (B) Is OWNER OCCUPIED AND WILL BE DELIVERED VACANT. The other 2 units are tenant occupied and the tenants are paying monthly rent of (Unit C – $1,700 and Unit D – $1,350). Tenants pay their own gas, electric and trash – landlord only pays for the DWP Water service.

There is a large fenced front yard new fencing on the side yard with open parking in the back for 5 vehicles accessible from the alley. There is the potential to add a unit under the ADU process – Buyer to verify this as part of its due diligence, seller and broker make no representations or warranties. There is significant upside in rental income from all units, and the property is being sold as-is, with seller not responsible for any repairs or providing any repair credits to the buyer.

Please do not disturb tenants, showings are by appointment only.

Features
: 5
: Curbs, Sidewalks, Park
Public Sewer
: Front yard, Rectangular Lot, Street Level, Near Park
: Inside
2
: Public
: 2+ common walls
: Assigned
$0
Address Map
US
California
Los Angeles
San Pedro
90731
1079 W 25th Street
W119° 41' 57.2''
N33° 43' 16.7''
MLS Addon
Re/Max Commercial & Investment
SLAMPSTE
Two
5000
5
$0
3,556 Sqft
$0
4.5
44
25th St between Leland and Alma
slampe@remaxcir.com
Cash,Cash to New Loan
$1,600

Google Map

1079 W 25th Street

1079 W 25th Street, San Pedro, California 90731

0.11 Acre
$1,497,000
Listing ID #SB22097783
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : SB22097783
Price : $1,497,000
View : None
Year Built : 1968
Lot Area : 0.11 Acre
Status : Active
DOM : 44
Agent info
Schedule A Showing

Walkscore


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