$1,349,000

About this home

Owners unit (2 bedroom unit) will be delivered vacant July 1st! Fantastic 4-unit income property ideally located in the heart of San Pedro’s highly desirable Vista Del Oro neighborhood with a 5% cap rate. This well-maintained multifamily offering features a strong unit mix of two 1-bedroom apartments and two 2-bedroom apartments, providing excellent rental versatility and income potential. The property includes four on-site parking spaces located at the rear, community laundry, and individual secure storage areas for each unit. The two rear units have been recently renovated. The end unit offers charming wood-beam ceilings, a fireplace, forced heating and air conditioning, a tankless water heater, and washer and dryer hookups. The rear 1-bedroom unit has been updated with vinyl flooring, an upgraded bathroom, and additional improvements. Tenants pay all utilities except water and trash, supporting efficient operating expenses. Centrally located near schools, shopping, dining, and with easy freeway access, this property presents an excellent opportunity for both owner-users and investors alike. The property is also conveniently located near the new San Pedro waterfront development, West Harbor, an over $150-million, 42-acre redevelopment featuring restaurants, shopping, fresh markets, office space, a scenic promenade, and an open-air amphitheater for live entertainment—adding long-term value and appeal to this exceptional income property.

Facts & features

Location