674 W 22nd St, San Pedro, CA 90731

674 W 22nd St, San Pedro, CA 90731

San Pedro, CA

Property Description

<p style=”text-align: center;”>We are pleased to present 674 W 22nd St, a 4-unit property located in the heart of San Pedro. The front unit has an excellent configuration containing two non-rent control spacious units. There is a well-maintained garden in the front, and the building is in prime condition, providing excellent curb appeal. The upper unit includes harbor views, natural light, a new washer &amp; dryer, and an updated kitchen. The lower manager’s unit has a brand new modern kitchen with granite counter-tops,<span id=”util_TextFold_toggleArea” class=””> stainless steel appliances, and easy garage/front lawn access. There are (4) 1-car garages attached to both the front and back units. The back building has two legal units, as well as an additional non-conforming fully-functional studio; buyer needs to verify permitting status with city. The upper unit has 2 bedrooms, 1 bathroom, a spacious kitchen with granite counter-tops, and new appliances, while the 1-bedroom 1-bath unit downstairs has built in laundry hook-ups and easy access to garage parking. Building has been well-maintained and family owned since 1977, and was updated in 1986. All Kitchen remodels were done in the passed 5 years. Located conveniently within a mile from Downtown San Pedro, the farmers market, 22nd St. landing, lands’ end, and Point Fermin, this property is in the best location San Pedro has to offer!</span><span id=”util_TextFold” class=”linkToggle expanded”> </span></p>

Property Features

  • Sale Price: $899,000
  • Area Size: 2,903 SF
  • Land Area: 4,999 SF
  • Year Built: 1986
  • Units: 4
  • Current GRM: 18.18
  • Current Cap Rate: 3.45%

Lyon Stahl Investment Real Estate

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