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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

    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.

    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#: SB24170494MLS LogoOriginating 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