1054 W 23rd Street, San Pedro, CA 90731

$1,549,000
List Price
$1,549,000
Status
ACTIVE
MLS#
SB24077116
Year Built
1987
Lot Size
5,016
Acres
0.12
Lot Location
2-5 Units/Acre
Days on Market
29
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Discover an exceptional investment opportunity at 1054 W 23rd St in the vibrant San Pedro, CA. This captivating four-unit property blends historical elegance with contemporary functionality. It features a charming 2-bedroom/1-bathroom front house complemented by three meticulously renovated 1-bedroom/1-bathroom units at the rear. Recent enhancements, exceeding $150,000, include complete renovation to all rear units, installation of new water heaters and modern appliances, termite tenting completed in May 2023, fresh exterior paint, new vinyl gates, and revamped property drainage system. Strategically situated in an area witnessing a $100 Million Dollar waterfront development - West Harbor, this property is poised for significant appreciation. The development promises to enhance the locale with new entertainment and dining venues, along with breathtaking views of the bustling activities at the country’s largest port. This is a rare chance to be part of San Pedro’s exciting real estate transformation. Seize the opportunity to own a piece of this dynamic community.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Garage Spaces Total
3
Sewer
Private Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$89,904
Operating Expense
23543

Listing courtesy of Listing Agent: Riley Eastman (rileyeastmanrealty@gmail.com) from Listing Office: Compass.

Mortgage Calculator

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Calculator source: Real Geeks

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.