San Pedro, CA 90731,551 W Macarthur Avenue
San Pedro, CA 90731,551 W Macarthur Avenue
San Pedro, CA 90731,551 W Macarthur Avenue
6
$1,035,000
$950,000
8.9%
Est.Price: ?

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8 BD
7 BA
4,801 Sqft Lot

551 W Macarthur Avenue San Pedro, CA 90731

Est. payment /mo
SOLD DATE : 02/25/2022

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Key Details

Sold Price $1,035,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21270582

Bedrooms 8

Lot Size 4,801 Sqft

Property Description

EXCELLENT INVESTMENT OPPORTUNITY. Built in 1981 - not under City of LA Rent Control Ordinance, but under California Rent Control. Rents are well below rents of like units in area so this property has a great deal of potential. These 4 units are located in beach city of San Pedro. 2 Townhome Style units with 2 bedroom 2 bath (Unit A and Unit B), plus 2 One-Level units with 2 bedrooms each (Unit C has 1 bath and Unit D has 2 bath). Each unit has 2 off-street covered parking spaces. Common laundry room with Washer and Dryer. All units have Central Air. This property only minutes away from the New Water Front Market under development, shopping, dining, beaches, cruise terminal and parks.
EXCELLENT INVESTMENT OPPORTUNITY. Built in 1981 - not under City of LA Rent Control Ordinance, but under California Rent Control. Rents are well below rents of like units in area so this property has a great deal of potential. These 4 units are located in beach city of San Pedro. 2 Townhome Style units with 2 bedroom 2 bath (Unit A and Unit B), plus 2 One-Level units with 2 bedrooms each (Unit C has 1 bath and Unit D has 2 bath). Each unit has 2 off-street covered parking spaces. Common laundry room with Washer and Dryer. All units have Central Air. This property only minutes away from the New Water Front Market under development, shopping, dining, beaches, cruise terminal and parks.

Location

State CA

County Los Angeles

Area San Pedro (90731)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Roof Type Rolled/Hot Mop

Building

Lot Description Curbs, Sidewalks

Story 2

Others

Acceptable Financing Cash

Space Rent $900

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by George Leonard • Century 21 Union Realty
Bought with Gary Krill • Compass

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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