Description

4 Units Investment property in the heart of the hottest rental market! Great Cash flows at 5.68% cap rate! Each unit has approximately 800 square feet living space. Great property with all four units rented to stable and long term tenants. Each unit has a covered garage space and there is ample outside parking as well. Two single-level front units features a private patio/garden area. One of the two stacked-units in the back has great city view. All units feature two good size bed rooms, one full bath, individual washer/dryer hook ups and large living area. Front unit has its own fireplace. This is a very high demand rental area due to its proximity to labor hub of Los Angeles and Long Beach area. Near to 110, 710 and 405 freeways, Downtown, Ports O’ Call Village and San Pedro Marina. Two units have been completely remodeled and/or upgrades, including granite counter top, ceramic tiles, appliances and new paints. Tenants pay their own electricity and gas. Landlord pays water/trash. Please do not disturb tenants. Offers are subjected to buyer’s inspection upon acceptance.

Address

  • Address 576 W 4th St
  • City San Pedro
  • State/county CA
  • Zip/Postal Code 90731
  • Country United States

Details

Updated on March 14, 2019 at 5:20 pm
  • Property ID: LSOC17168065
  • Price: $750,900
  • Property Size: 3198 Sq Ft
  • Land Area: 5000 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage: 1
  • Garage Size: 4
  • Year Built: 1959
  • Property Type: Multifamily
  • Property Status: Closed Sale, Sold

Overview

Property ID: LSOC17168065
  • Multifamily
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 1
  • Garage
  • 3198
  • Sq Ft
  • 1959
  • Year Built

Contact Information

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