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Listed by Shane Young • Younglewin Advisors, Inc.
$ 1,275,000
Est. payment | /mo
3,666 SqFt
$ 1,275,000
Est. payment | /mo
3,666 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,666 sqft
Price per Sqft $347
MLS Listing ID CRPW25225982
HOA Y/N No
Year Built 1928
Lot Size 6,751 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Prime Location! Rare opportunity to acquire a Spacious 4 unit investment property with 2 Beautifully Renovated units. Perfect for an Owner Occupant AND destined to be a Very Profitable investment. 1260 W 9th St. benefits from Large floor plans, a Generously sized lot, and is situated in one of the most Sought After Coastal neighborhoods in San Pedro -- At the Top of the Hill with Views of the harbor and a cool Ocean Breeze. There are two Turnkey 2bed 1bath units with high-end Luxury finishes, and two Spacious 1bed 1bath units generating Strong Income, with 67% Upside in gross income! Each unit has a dedicated laundry room, and rear patios for the tenants' enjoyment. There are 4 private garages, and a storage building that can easily be converted into a 5th unit. Alternatively, you can Maximize your investment by adding an Additional 4 units, for a total of 8 units, via the streamlined ADU planning/permitting process. Tenants Pay for gas, electricity, and trash, so ownership is responsible for Minimal Expenses. Whether you're an Owner Occupant that is Passively Cash Flowing Every Month, or a Savvy Investor, you will Reap the Rewards of Consistent Cash Flow, Strong Appreciation, Rent Growth, and Lucrative Tax Benefits. Reach out to the listing agent and Submit Offers ASAP, because
Location
State CA
County Los Angeles
Interior
Cooling Other
Fireplace No
Appliance Gas Water Heater
Laundry Dryer, Gas Dryer Hookup, Washer, Other, See Remarks
Exterior
View City Lights, Marina, Mountain(s), Water, Other, Bridge(s)
Building
Lot Description Level, Other, Back Yard, Front Yard
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227