1109 W 24th Street, San Pedro, CA 90731

$1,050,000

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List Price
$1,050,000
Status
ACTIVE
MLS#
OC26184834
Year Built
1973
Lot Size
5,402
Acres
0.12
Lot Location
Landscaped
Days on Market
6
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

** EXCEPTIONAL INVESTMENT OPPORTUNITY IN HIGHLY DESIRABLE VISTA DEL ORO ** This well-maintained three-unit residential income property offers an outstanding opportunity in one of San Pedro’s most desirable neighborhoods. The property features a spacious 3-bedroom, 2-bath unit and two spacious 2-bedroom, 1-bath units, with approximately 3,500 square feet of total living space situated on a 5,402-square-foot lot. Each unit features its own private balcony, and the property offers ample on-site and off-street parking, along with a coin-operated community laundry room. The 3-bedroom unit also includes an attached garage and private laundry hookups. Pride of ownership is evident throughout, with improvements including a newer roof, double-pane windows, plumbing upgrades, updated flooring, and numerous improvements within the individual units. All three units are currently occupied by long-term tenants, providing an established rental income stream. Located near the exciting transformation of the San Pedro Waterfront and West Harbor, the property is well positioned to benefit from the continued investment and redevelopment taking place throughout the area, bringing new dining, entertainment, retail, and waterfront attractions to this vibrant and historic San Pedro community. These improvements further enhance the long-term appeal of this already highly sought-after residential area. An excellent opportunity for an investor seeking a well-located income property with established rental income, value-added potential, and long-term appreciation potential. With its desirable unit mix, generous lot, ample parking, and prime Vista del Oro location, this is a rare opportunity to acquire a quality multi-family asset in one of San Pedro’s most desirable residential neighborhoods.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$55,968
Operating Expense
17545

Listing courtesy of Listing Agent: Rose Marie Alex (rm@bellaviainc.com) from Listing Office: Bella Via Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.