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$2,100,000

20% Min Down
Studio
Listed 16 weeks ago, Built in 1923
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Common Charges
No Data
Property Taxes
No Data
Mortgage
$7,780
Total Monthly Payment
$7,780
Est. Rental Income
$0
Cap Rate
No Data
Description
PRICE JUST LOWERED BY $50,000 AND THE YEARLY INCOME JUST INCREASED BY $15,000!!!!! Several units feature modern floors, counters, and attractive tile work throughout. Some units enjoy private own balconies! The investment is comprised of two separate buildings, and there is on-site laundry included as well as ample parking (several garage spaces) for tenant convenience. Units are all separately metered for gas and electricity, helping to keep an owner's utility costs low. This is a great find for both new and seasoned apartment investors, and provides a great way to step into the hot San Pedro market, or to add on to an existing rental portfolio! Seller is open to receiving offers in Bitcoin or other Cryptocurrencies. Property delivers nice cash flow Day 1 and has upside potential of over 24%!!!!
Features & Amenities
Price History
Date Event Price Source
2019-08-25 Price Drop $2,100,000 Listing Records
2019-08-20 Status Change Relisted Listing Records
2019-08-18 Status Change Off Market Listing Records
2019-06-27 Listed $2,150,000 Listing Records
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Nearby Schools

(within attendance boundary)
Seventh Street Elementary  •  0.52 mi
1570 W. Seventh St., San Pedro, CA 90732
Public  •  Elementary  •  Grades KG to 5
Los Angeles Unified School District
Richard Henry Dana Middle  •  0.52 mi
1501 S. Cabrillo Ave., San Pedro, CA 90731
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
San Pedro Senior High  •  0.36 mi
1001 W. 15th St., San Pedro, CA 90731
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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