975 W 17th St 4 Unit Apartment Building $1,000,000 ($250,000/Unit) San Pedro, CA 90731



INVESTMENT HIGHLIGHTS
- Excellent Neighborhood - Across from the High School
- Four Garages
- Ocean & Harbor Views
- Great Unit Mix
EXECUTIVE SUMMARY
Attention savvy investors this fourplex is on the market for the first time! The property has been in the same family since it was built in 1959. Great location across from the High School. This is an excellent opportunity for a yield-focused investor to acquire a well-located, 4-unit asset in a great neighborhood of San Pedro. Large corner lot. The property boasts (3) 2 Bed / 1 Bath units and (1) 1 Bed / 1 Bath unit. The property consists of 3,304 SF of living space, situated on a 4,503 SF lot. There is a basement that can be converted into an ADU. Ample parking: all units have single car garages with alley access. Laundry hookups inside every unit. Long time tenants. Two units have Harbor Views.
PROPERTY FACTS
Price | $1,000,000 |
Price Per Unit | $250,000 |
Sale Type | Investment |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Lot Size | 0.10 AC |
Building Size | 3,304 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1959 |
Parking Ratio | 1.21/1,000 SF |
Zoning | LAR2 - LAR2 |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer Hookup
- Views
- Basement
- Family Room
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
7+4 | 4 | - | - |
PROPERTY TAXES
Parcel Number | 7462-002-001 | Improvements Assessment | $163,493 |
Land Assessment | $139,123 | Total Assessment | $302,616 |