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Listed by Lucy Milivojevic • eXp Realty of Greater Los Angeles, Inc.
$ 3,975,000
Est. payment | /mo
12,070 SqFt
$ 3,975,000
Est. payment | /mo
12,070 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,070 sqft
Price per Sqft $329
MLS Listing ID CRSB24194791
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1973
Lot Size 0.264 Acres
Property Description
Introducing an opportunity to own a 15-unit building in San Pedro's prime area of Vista Del Oro. This 12,070 square foot building built in 1973 comprises of one 3-bedroom/2-bathroom unit, eight 2-bedroom/1-bathroom units, and six 1-bedroom/1-bathroom units. Some units offer a balcony and views of city and harbor. Large courtyard to enjoy fresh air and natural lighting. Lots of tenant parking in the subterranean parking area. Soft-story retrofit has been completed. Community laundry room with owned washers/dryers and spacious cabinetry. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Financing available. Walking distance to Weymouth Corner Shopping Center and Averill Park. West Harbor build of the former Ports O'Call is expected to open in 2025, featuring 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with ample outdoor space and an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 15-unit asset in an appreciating market, driven by ongoing San Pedro developments.
Location
State CA
County Los Angeles
Interior
Heating Radiant
Cooling None
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
View City Lights, Other
Building
Lot Description Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227