We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.
Sold for $2,150,000 on 12/06/24
Listing Provided by: 
Josh Cohen DRE #01346713 310-480-2130,
Keller Williams South Bay
Bought with: Lyon Stahl Investment Real Estate, Inc.
$2,150,000
469 W Oliver St, San Pedro, CA 90731
21beds
13baths
7,572sqft
Multi Family
Built in 1980
-- sqft lot
$2,114,600 Zestimate®
$284/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 06, 2024 at 03:02pm
Listing Provided by:
Josh Cohen DRE #01346713 310-480-2130,
Keller Williams South Bay
Bought with:
Cameron Samimi, DRE #02035763
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB24177028
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
 - Bathrooms: 13
 
Appliances
- Laundry: Common Area
 
Features
- Common walls with other units/homes: 2+ Common Walls
 
Interior area
- Total structure area: 7,572
 - Total interior livable area: 7,572 sqft
 
Property
Parking
- Total spaces: 9
 - Parking features: Garage
 - Garage spaces: 6
 
Features
- Entry location: Front
 - Pool features: None
 
Lot
- Size: 9,377 sqft
 - Features: Street Level
 
Details
- Parcel number: 7449010030
 - Zoning: LAR2
 - Special conditions: Standard
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: Multi Family
 - Attached to another structure: Yes
 
Condition
- New construction: No
 - Year built: 1980
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Community
- Community features: Curbs
 
Location
- Region: San Pedro
 
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
 
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,114,600