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Listed by Dareh Gregorian, DRE #02208598 • Executive Realty & Finance
$950,000
Est. payment /mo
4,385 Sqft Lot
Active
521 W 16th 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 CRSR26164033
Year Built 1922
Lot Size 4,385 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Don't miss this exceptional opportunity to own an income-producing fourplex located just half miles from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities. The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups. Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income. This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies). Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment. Please read agent remarks for showing.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Heating Gas, Wall Furnace
Cooling None
Laundry Gas Hookup, 30, Other
Exterior
Pool 31, None
Roof Type Shingle
Building
Lot Description Grade - Level
Story One Story
Foundation Raised
Water District - Public
Others
Tax ID 7454033012
Special Listing Condition Not Applicable
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