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832 W Crestwood Avenue

San Pedro, CA 90731
  • $1,450,000
  • STATUS: ACTIVE
  • ON SITE: 21 Days
  • ID#: PW24194528
UPDATED: 51 min ago
$1,450,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon. Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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832 W Crestwood Avenue San Pedro, CA 90731

  • Price: $1,450,000
  • Status: ACTIVE
  • On Site: 21 Days
  • Updated: 51 min ago
  • ID#: PW24194528
8
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
San Pedro (90731)
County:
Los Angeles
Area:
San Pedro (90731)
Property Description
Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon. Built in 1987, this investment is not subject to City of LA RSO, only State rent control laws! Buyer to verify with LA City. Discover a rare investment opportunity with this expansive 4-unit building situated in a tranquil neighborhood of single-family homes. Each of the four apartments offers approximately 1,060 sqft of living space, featuring 2 large bedrooms, 2 bathrooms, and spacious living rooms with private balcony access. The building includes four 2-car tandem garages, tall ceilings, and both car and walk-in doors. Tenants will appreciate the convenience of an onsite laundry room equipped with 2 washers and 2 dryers. Each unit has its own private hot water heater, plus an additional hot water heater for the laundry room. The units come with ample counter space, gas stoves, dishwashers, and plentiful storage. One bedroom in each unit has an ensuite bathroom, while the second bathroom is located in the hallway. The building also boasts a large concrete patio area at the rear, ideal for communal outdoor gatherings. The top floor units enjoy sweeping eastern views towards the Port of Los Angeles. Located in a prime spot, this property offers easy access to the 110 freeway, Pacific Coast Highway, and the bridges to the 710 freeway. Dont miss out on this unique chance to own a large, well-maintained apartment building in a desirable area of San Pedro. One unit is recently vacated and can be delivered vacant if an offer comes in soon.
Exterior Features

Pool N/K Site Curbs Spa N/K Units With Patios 4

Interior Features

Cooling N/K Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Units With Range Oven 4

Property Features

Actual Cap Rate 5.3 Annual Expense Actual 34066 Buildings 1 Cfd Mello Roos Fee 578.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 14.0 Gross Scheduled Income Actual 113280 Home Owners Fees 0.0 Monthly Total Fees 48 Possession Close of Escrow Sewer Septic Sewer Connected Tenant Pays Cable TVElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2300.0 Unit2 Rent Actual 2300.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 2540.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Richard Daskam of eXp Realty of California Inc: 562-857-1965. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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