Active
Property Description
We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80’s vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.
Features
: 9
MLS Addon
$0
7,572 Sqft
6.02
0
Oliver and Pacific
6
2
Residential Income For Sale San Pedro
9,377 Acre
Visits : 0 in 107 days
$2,300,000
Listing ID #SB24177028
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : SB24177028
Price : $2,300,000
Year Built : 1980
Lot Area : 9,377 Acre
Status : Active
Property Sub Type : Apartment
Agent info
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