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listing
1 of 3
Residential Income
$1,497,000
1079 W 25th Street
San Pedro, CA 90731
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$7,827/mo

The subject property is a two story 4 plex located in the highly desirable South Coastal area of San Pedro on West 25th Street just a few minutes from Cabrillo Beach, LA Marina, Pt. Fermin Park and Royal Palms Beach. This is an ideal property for an investor looking for an investment with upside as well as an opportunity for an owner/user. The units are all 2-bedroom 1 bath floorplans and 1 unit (A) is vacant, unit (B) Is OWNER OCCUPIED AND WILL BE DELIVERED VACANT. The other 2 units are tenant occupied and the tenants are paying monthly rent of (Unit C - $1,700 and Unit D - $1,350). Tenants pay their own gas, electric and trash – landlord only pays for the DWP Water service. There is a large fenced front yard new fencing on the side yard with open parking in the back for 5 vehicles accessible from the alley. There is the potential to add a unit under the ADU process – Buyer to verify this as part of its due diligence, seller and broker make no representations or warranties. There is significant upside in rental income from all units, and the property is being sold as-is, with seller not responsible for any repairs or providing any repair credits to the buyer. Please do not disturb tenants, showings are by appointment only.

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