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.
Sold for $1,325,000 on 09/27/24
Listing Provided by:
William Mulkey DRE #00986020 310-919-7554,
TR Wealth Management Inc.
$1,325,000
1020 W 13th St, San Pedro, CA 90731
--beds
--baths
4,870sqft
Multi Family
Built in 1969
-- sqft lot
$1,302,800 Zestimate®
$272/sqft
$3,822 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 08:35pm
Listing Provided by:
William Mulkey DRE #00986020 310-919-7554,
TR Wealth Management Inc.
Bought with:
Fred DiBernardo, DRE #00573495
Fred DiBernardo
Source: CRMLS,MLS#: SB24170494
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Laundry Room
Features
- Balcony, Ceiling Fan(s), Ceramic Counters, Recessed Lighting, Unfurnished
- Doors: Mirrored Closet Door(s), Sliding Doors
- Windows: Blinds, Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,870
- Total interior livable area: 4,870 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Concrete, Driveway Level, Driveway, Garage, Garage Door Opener, On Site, Garage Faces Side
- Garage spaces: 4
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Harbor, Ocean, Peek-A-Boo
- Has water view: Yes
- Water view: Harbor,Ocean
Lot
- Size: 6,079 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7458017019
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Gutter(s), Sidewalks, Urban
Location
- Region: San Pedro
HOA & financial
Other financial information
- Total actual rent: 10812
Other
Other facts
- Listing terms: Cash,Cash to New Loan
- Road surface type: Alley Paved
Services availability
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Estimated market value
$1,302,800