Sold – $820,000
| Units: | 10 |
| Type: | Residential Income |
| Year Built: | 1912 |
| Lot Size: | 4,809 |
Low maintenance, well-maintained 10 unit building located in San Pedro’s redevelopment district. Nice unit mix of (2) 2 bed, (2) 1 bed, (4) larger studios and (2) smaller studios. Seller has renovated all major systems (i.e. electrical, plumbing, etc.). Most of the individual units have also been rehabbed over the last several years. Building does not have gas supply and features 11 individual electric meters and separate water heaters. Tenant pays electric and owner pays water. Street parking, with no landscaping to maintain. Upside in rental income potential as well. Nice investment for your buy and hold portfolio…Owners ready to sell and will consider all reasonable offers.
