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$960,000
SB26164836 MLS Coming Soon Status
Well-maintained 4-unit investment opportunity consisting of four spacious 1-bedroom/1-bath units. Three units have been fully renovated, including one renovated unit that will be delivered VACANT, offering immediate lease-up potential at market rent or OWNER-USER opportunity. Two renovated units are currently rented at $1,874 & $1,895, while the unrenovated unit is occupied by a long-term RSO tenant at $997, providing additional rental upside. >Major improvements include exterior stucco completed in 2021, copper plumbing, dual-pane windows, and dedicated water shutoff valves. Each unit is separately metered for gas and electricity, with tenants paying trash, gas, and electric expenses. An attractive San Pedro investment offering strong in-place income, immediate upside through the vacant unit, and limited near-term capital improvement needs.*** Ideally located just minutes from the rapidly transforming LA Waterfront, Downtown San Pedro, Cabrillo Marina, Ports O' Call Village redevelopment, and major transportation corridors, the property benefits from strong rental demand and continued neighborhood revitalization. An excellent opportunity for investors seeking stable in-place income with future upside.

267 W OFarrell Street, San Pedro

$1,100,000
6 Beds 5 Baths 25612975 MLS Active Status
560 W. 4th Street is a five-unit apartment building in San Pedro, California. Built in 1980, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO). This property features an unit mix of two 2 BD / 1 BA and three 1 BD / 1 BA units, ample parking (5 tandem plus 1 tandem garage), onsite laundry and controlled entry access. Well-located in close proximity to the amenities along the Pacific Avenue Main corridor. Set against the bustling backdrop of the Port of Los Angeles, the 400-acre rapidly emerging LA Waterfront will undergo massive redevelopment over the next several years. Stretching from Wilmington on the north end, to San Pedro along the southwest perimeter of the Port, plans are in motion to create a new public market in close proximity to emerging hubs for technology and marine science, integrating the area's rich history with an eye towards the future.

560 W 4th Street, San Pedro

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