San Pedro, CA 90731,358 W 17th
San Pedro, CA 90731,358 W 17th
San Pedro, CA 90731,358 W 17th
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Listed by Anthony Walker • Buckingham Investments, Inc
$1,195,000
Est. payment /mo
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5,996 Sqft Lot
New

358 W 17th San Pedro, CA 90731

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26007730

Year Built 1946

Lot Size 5,996 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Huge 4-unit property with tons of upside only 2 blocks from the enormous brand-new LA Waterfront development. 3 out of 4 units built in 1987 with over 4500 square feet of rentable space on a 6000 square foot lot plus 4 garages. Excellent unit mix with one 3 bed/2 bath front house (1947 built) plus three 2 bed/1 bath units (1987 built) in the rear. Very well priced at only $263/sq ft and 13.38X GRM on actual rents with a true 60% upside to a market GRM of 8.37 and cap rate of 7.2%. Separately metered for electricity and gas, helping keep expenses down. Only 2 blocks from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach. Walk score of 80+ (Very Walkable)

Location

State CA

County Los Angeles

Area 185 - Plaza

Rooms

Kitchen Oven Range - Gas, Oven - Gas

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Laundry None

Exterior

Parking Features Garage

Garage Spaces 4.0

Pool 31, None

View None

Roof Type Composition

Building

Foundation Concrete Slab

Water District - Public

Others

Tax ID 7456024022

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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358 W 17th