670 W 15th ST, San Pedro, CA 90731 - MLS#25553639

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Justin Quemada

forsalebyjustin@gmail.com +1(626) 890-8709

$950,000

Est. payment - /mo

6 Beds

5 Baths

3,118 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,118 sqft

Price per Sqft $304

MLS Listing ID 25553639

Bedrooms 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1915

Lot Size 5,005 Sqft

Property Description

Fantastic opportunity to acquire a meticulously maintained bread-and-butter triplex with a tantalizing CAP rate in San Pedro. Acquire this awesome unit mix of three updated two-bedroom units, all with garage parking, spanning a total of 3,118 sf across a 5,003 sf RD 1.5 zoned lot. This property is comprised of a spacious 2/1 1,000+sf standalone house built in 1915 (subject to RSO), and a back duplex with two newer 2/2s built in 1988. According to current information and belief, the 1988 builds are not subject to LA City RSO, but subject to AB1482 (buyer to verify) such that this building makes sense for owner occupants and investors alike. There are also several avenues to add value, such as repositioning the leases, and potentially converting the garages to ADUs to maximize return. This property is ideally situated nearby schools, parks, and shopping, as well as easily accessible from Southern California employment hubs, such that rental demand will remain stable for the foreseeable future, not to mention proximity to Downtown San Pedro, the Arts District, and the in-progress West Harbor Waterfront Development at the Port of Los Angeles which will further cement demand with its one-mile-long waterfront promenade, a pop-up park, an off-leash membership dog park, overwater dining & bar, 20,000sf beer garden, waterside attractions, and an amphitheater! Don't miss out, call today!

Location

State CA

County Los Angeles

Area 185 - Plaza

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate

Fireplace No

Appliance Dishwasher

Laundry Inside, Laundry Closet

Exterior

Parking Features Covered, Door-Multi, Garage

Garage Spaces 3.0

Garage Description 3.0

Total Parking Spaces 3

Building

Story 1

Entry Level Multi/Split

Sewer Other

Architectural Style Traditional

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7454028018

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

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Listed by Vivian Chaing • Property Concierge

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Justin Quemada

+1(626) 890-8709

Agent | License ID: 01931174

Agent License ID: 01931174

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670 W 15th ST San Pedro, CA 90731

Justin Quemada

Key Details

Location

Interior

Exterior

Building

Others

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