Pride of Ownership 3plex located on a quiet residential street in San Pedro. Built in 1981, the property is NOT subject to Los Angeles City RSO, providing greater rental flexibility for ownership.
The entire ground floor is occupied by a spacious fully renovated VACANT owner's unit with two separate entrances. Property… Read More is an ideal opportunity for an owner-user or investor seeking immediate rental upside. The upper level consists of two bright and airy 2-bedroom, 1-bath units rented at $1,724 & $1,641.
Recent extensive capital improvements of over $100,000, including upgraded electrical panels, plumbing , exterior paint, concrete work, new fencing, and a complete renovation of the owner's unit with high-end finishes.
Situated on a large lot with generous rear yard space, the property offers potential for ADU development to further increase income (buyer to verify). Conveniently located near shopping, dining, schools, parks, freeway access and new Waterfront Development. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Olga Wright 310-259-7556
Listing Snapshot
Days Online
18
Last Updated
Property Type
Triplex
Lot Size
0.12 Acres
Year Built
1981
MLS Number
SB26145747
Additional Details
Building
Built in 1981, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
StreetLights, Sidewalks, Urban
Expenses
Operating: $22,379
Home Owner's Association
Association Fee: $0
Income
Gross Income: $83,580, Gross ScheduledIncome: $83,580, Net Operating Income: $58,694
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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