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$3,975,000

Est. payment - /mo

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0.26 Acres Lot

Active Under Contract

1350 W 9th ST San Pedro, CA 90732

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Michael J. Lofton

citymikesd@gmail.com +1(619) 983-8805

UPDATED:

11/05/2024 04:58 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB24194791

HOA Y/N No

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

Area 183 - Vista Del Oro

Zoning LARD1.5

Rooms

Ensuite Laundry Common Area, Laundry Room

Interior

Laundry Location Common Area,Laundry Room

Heating Radiant

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Garage Spaces 25.0

Garage Description 25.0

Pool None

Community Features Curbs, Park

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Harbor

Total Parking Spaces 25

Private Pool No

Building

Lot Description 11-15 Units/Acre, Near Park

Story 3

Sewer Public Sewer

Water Public

Architectural Style Contemporary

New Construction No

Others

Senior Community No

Tax ID 7459019024

Acceptable Financing Private Financing Available, Submit

Listing Terms Private Financing Available, Submit

Special Listing Condition Standard

Listed by Lucy Milivojevic • eXp Realty of Greater Los Angeles, Inc. • 310-901-1355

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Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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