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Key Details
Sold Price $2,130,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23074017
Sold Date 08/08/23
Bedrooms 7
HOA Y/N No
Lot Size 6,098 Sqft
Property Description
3921 South Pacific Avenue is an 8-unit multifamily investment property located in San Pedro, CA. Built in 1972, 3921 South Pacific Avenue offers an attractive mix of one, two, and three-bedroom floor plans. Property amenities include tuck-under parking and oversized garages, security doors, and an on-site laundry facility. Units feature vinyl, tile, and carpet flooring, private balconies, and granite countertops. The two oversized garages located at the subject property accommodate 4 cars each, providing a new owner the opportunity to increase an additional income stream or to build 2 accessory dwelling units (ADUs) through a garage conversion. 3921 South Pacific Avenue is situated in an optimal San Pedro location, just blocks from Cabrillo Beach and San Pedros Pacific Overlook. The property is located just under 2 miles from the ongoing West Harbor development, which is set to feature over 150,000 square feet of retail, restaurants, and entertainment, four acres of outdoor park and recreation space, and over 200,000 square feet of waterside featuring harborside excursions and attractions. Additionally, 3921 South Pacific Avenue is located just under 3 miles from the Port of Los Angeles, whose cargo represents approximately 20% of all cargo coming into the United States.
3921 South Pacific Avenue is an 8-unit multifamily investment property located in San Pedro, CA. Built in 1972, 3921 South Pacific Avenue offers an attractive mix of one, two, and three-bedroom floor plans. Property amenities include tuck-under parking and oversized garages, security doors, and an on-site laundry facility. Units feature vinyl, tile, and carpet flooring, private balconies, and granite countertops. The two oversized garages located at the subject property accommodate 4 cars each, providing a new owner the opportunity to increase an additional income stream or to build 2 accessory dwelling units (ADUs) through a garage conversion. 3921 South Pacific Avenue is situated in an optimal San Pedro location, just blocks from Cabrillo Beach and San Pedros Pacific Overlook. The property is located just under 2 miles from the ongoing West Harbor development, which is set to feature over 150,000 square feet of retail, restaurants, and entertainment, four acres of outdoor park and recreation space, and over 200,000 square feet of waterside featuring harborside excursions and attractions. Additionally, 3921 South Pacific Avenue is located just under 3 miles from the Port of Los Angeles, whose cargo represents approximately 20% of all cargo coming into the United States.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 3
Level or Stories 3 Story
Others
Monthly Total Fees $105
Acceptable Financing Exchange
Space Rent $2,518
Listing Terms Exchange
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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 Tyler Leeson • Marcus & Millichap RE Invest