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Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21182954
Sold Date 11/10/21
Bedrooms 2
HOA Y/N No
Lot Size 2,500 Sqft
Property Description
This delightful corner duplex, is a close distance to Cabrillo Beach and Point Fermin Lighthouse Park. If you are looking for income and a beach location property, this is the perfect place to start! Enjoy cool ocean breezes and a nice neighborhood feel with this easy to manage low maintenance income property! Excellent location across from Pt. Fermin Elementary School, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks that are within walking distance. Located near retail stores, coffee shops and the multimillion dollar LA Waterfront Development. Side-by-side 1 bedroom units are rented and each unit has its own yard area for Southern CA outdoor living and the rear unit has a peek-a-boo ocean view. One half of the oversized double garage rents for $190/month. The rear unit (#634) was remodeled in 2018. New split air conditioning/heating units were installed in both units in 2020. All windows were replaced in both units with dual pane in 2018. Rents are below market with upside upon unit turnover. This is an excellent opportunity for the astute investor.
This delightful corner duplex, is a close distance to Cabrillo Beach and Point Fermin Lighthouse Park. If you are looking for income and a beach location property, this is the perfect place to start! Enjoy cool ocean breezes and a nice neighborhood feel with this easy to manage low maintenance income property! Excellent location across from Pt. Fermin Elementary School, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks that are within walking distance. Located near retail stores, coffee shops and the multimillion dollar LA Waterfront Development. Side-by-side 1 bedroom units are rented and each unit has its own yard area for Southern CA outdoor living and the rear unit has a peek-a-boo ocean view. One half of the oversized double garage rents for $190/month. The rear unit (#634) was remodeled in 2018. New split air conditioning/heating units were installed in both units in 2020. All windows were replaced in both units with dual pane in 2018. Rents are below market with upside upon unit turnover. This is an excellent opportunity for the astute investor.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Lot Description Corner Lot, Cul-De-Sac, Sidewalks
Story 1
Lot Size Range 1-3999 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $1,450
Listing Terms Cash, Conventional
Financing Conventional
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Steven Lee • Coldwell Banker Best Realty