$2,300,000
469 W Oliver ST San Pedro, CA 90731
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$2,300,000
Est. payment /mo
9,377 Sqft Lot
Pending
469 W Oliver ST San Pedro, CA 90731
UPDATED:
09/09/2024 03:25 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSB24177028
Originating Board California Regional MLS
Year Built 1980
Lot Size 9,377 Sqft
Property Description
We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Interior
Laundry Laundry Area
Exterior
Garage Spaces 9.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 7449010030
Special Listing Condition Not Applicable
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Listed by Josh Cohen • Keller Williams South Bay
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