19
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$960,000
Est. payment /mo
4 Beds
4 Baths
4,950 Sqft Lot
Active
267 W OFarrell Street San Pedro, CA 90731
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26164836
Bedrooms 4
Lot Size 4,950 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Well-maintained 4-unit investment opportunity in a rapidly appreciating area of San Pedro, featuring 4 spacious 1-bedroom/1-bath units. Current rents are $1,874, $1,895, $997, & $1,850, generating $6,616 per month and $79,392 annually. Priced at 12 GRM, this property offers the best income value on the market, with additional rental upside. >>Major improvements include full renovations of three units, exterior stucco completed in 2021, copper plumbing, dual-pane windows, and individual water shutoff valves. Each unit is separately metered for gas and electricity, and tenants pay for trash, gas, and electricity, helping reduce the owners operating expenses. Ideally located minutes from the LA Waterfront, Downtown San Pedro, Cabrillo Marina, the West Harbor redevelopment, and major transportation corridors. An excellent opportunity for a new or experienced investor seeking strong current income, significant improvements, and future upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of S Pacific St and South Of O'Farrell St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7449013024
Listed by Olga Wright, DRE#01315042 Lyon Stahl Investment Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
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