Opportunity is knocking! Investors, enjoy this dream rental property located in the heart of the desirable Point Fermin area of San Pedro. Remodeled to the bones in 1995, this 8-unit property features granite counter tops, ocean views. The owners unit offers high ceilings, generous open living area and wraparound balcony. Spectacular ocean views can be seen atop this buildings spacious roof top deck. This unique corner property is an oasis for tenants with a 6 car garage. Building features coin operated laundry room for owners to collect additional monthly income.
HUGE PRICE REDUCTION! REDUCESD OVER 100K SUBMIT!!!10 UNITS ON VERY LARGE (9600 SQUARE FEET) LOT IN DESIRABLE AREA OF SAN PEDRO ABOVE GAFFEY. RENTS ARE WELL BELOW MARKET. HUGE UPSIDE ON RENTS. C-2 ZONING ALLOWS FOR POTENTIAL MIXED USE DEVELOPMENT OF 18-20 UNITS, WITH COMMERCIAL ON THE GROUND LEVEL AND RESIDENTIAL UNITS ON THE UPPER 3 LEVELS WITH OCEAN/HARBOR VIEWS. SEE ATTACHED DOCUMENT WHICH HAS MORE INFORMATION. EXCELLENT OPPORTUNITY FOR DEVELOPERS OR HOLD FOR FUTURE DEVELOPMENT. REAR UNITS HAVE BEEN COMPLETELY REMODELED.
NO RENT CONTROL, Built in 1987, two units are townhome style, and two units are Condo style. Each has its own Private 2 car garage. Coin operated Laundry room onsite. Most units have view and some have slight ocean view. Excellent Building, to live in Front unit and collect 3 rental incomes. Front unit has 2.5 bath and is townhome style. PLEASE DO NOT WALK ON THE PREMISES
4 units with built in appliances - Great neighborhood and garages available for 3 of the 4 units. One unit is a beautiful 4 bedroom owners unit - 2 2 Bedroom units and 1 - 1 Bedroom unit. The one bedroom comes with parking space only Units 2 & 3 each have a one car private garage Unit #4 has 2 one car garages. There is one gas hot water heater for all units, gas paid by seller ($60 per month) Hot waterm elewctricity in building hallways, sewer & trash paid by seller (approx $200 per month) The entire building is rented at the present time
Built in 1907 ,the offering consists of 4 units consisting of 3- 3 bedroom, 1 bath units, and 1- 2 Bedroom, 1 Bath unit. The spacious building consists of over 4,500 Sq Feet and is situated on a 6,752 SF Lot. The property produces $5,435 a month with room for immediate rental growth. Through small cosmetic improvements this building has a great potential due to its unique unit mix. The property is minutes from the Proposed San Pedro Waterfront Revitalization project which will bring thousands of new jobs to the San Pedro Area.
No Rent Control..Standard sale in neighborhood stabilization zone..Rents raised June 1 .... Pristine 3 unit with large additional 4th unit=700 sqr. ft. studio/storage +bathroom+kitchenette on ground floor or potential to be a 3rd bedroom(per original engineer, plans provided) 1986 construction. Owner has invested over 70,000 in upgrades .... Re-plumbed, new roof, newer carpets and flooring, exterior paint, newer heating units, and recently 1 new water heater. On site laundry earns income........ Ample parking, 3 single garages plus 4 additional spaces for a total of 7 parking spaces...4 Separate meters, 4 mailboxes, block wall, balconies with decorative wrought iron, manicured landscaping......clean as a whistle!! Agents please read showing instructions.
Great investment property near the water and Ports O Call. Walk down the block for ocean view. Watch the ships and cruiser lines sail by. The leases are up in 2014 for all the shops and restaurants. There are city plans to tear down Ports OCall and rebuild it. Lot new exciting changes coming to the area. 6 units-all 1 bedroom. Extra income from coin laundry on site. Conveniently located close to freeways: 110, 710, 91, 405, 47 and Vincent Thomas Bridge. Well maintained building. Owner will carry some financing.
Take a closer look! New price, new possibilities!One of a kind, unique property and is suitable for a builder, investor and would make an awesome owner occupied property as well. Live in one and let the tenant pay the mortgage...or build additional units (check with city) and have a cash cow!
Both units are updated, very spacious, almost 1300 sqft. The top units offers a nice view from the balcony, has travertine bathroom, laminate flooring and boost with old world charm, arches and a decorative fireplace. Spacious two bedroom, that could be easily converted to a 3 bedroom 2 bath and be more desirable for owner occupancy.
The bottom unit has beautiful tiled flooring, marble bath with Whirlpool tub and shower. Built in nook, updated kitchen and a huge "master".
Both units has laundry facilities very bright and light. Magical park like back yard with 13 fruit baring trees, sitting area and stunning travertine walkways and new wrought iron railings and gate. To finish off, you have a 2 car detached garage...great for owner occupant.
Truly a one of a kind property. Live in one...and build later.....or keep the tenants and build more units to this , highly desired Vista Del Oro prime location.