San Pedro, CA 90731,1020 W 13th Street
San Pedro, CA 90731,1020 W 13th Street
San Pedro, CA 90731,1020 W 13th Street
$1,325,000
Est. payment /mo
$1,475,000
10.2%
Est.Price: ?

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8 Beds
4 Baths
6,079 Sqft Lot
SOLD DATE : 09/27/2024

Key Details

Sold Price $1,325,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24170494

Sold Date 09/27/24

Bedrooms 8

HOA Y/N No

Lot Size 6,079 Sqft

Property Description

An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential. Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.
An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential. Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.

Location

State CA

County Los Angeles

Area San Pedro (90731)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash

Space Rent $1,491

Listing Terms Cash

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by William Mulkey • TR Wealth Management Inc.
Bought with Fred DiBernardo • Fred DiBernardo
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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