This Spanish 4 plex in the prime San Pedro Point Fermin neighborhood boasts 4,886 sqft with ocean and harbor views! This is an ideal opportunity for any owner/user looking to invest in LA County’s up and coming coastal neighborhoods. From the newest San Pedro Waterfront Park development to bespoke eateries like Colossus and Tranis Dockside, San Pedro is positioned to become one of LA’s hottest coastal cities.
***The 4 plex boasts a favorable unit mix featuring (1) 3Bed+2Bath, (2) 2Bed+2Bath and (1) 1Bed+1Bath units, all of which have spacious floorplans. The spacious owners unit (3 Bedroom) has an enclosed terrace and arched walkways. There are three separate tandem garages (for a total of 6 spaces) and one exterior space. The front exterior space boasts 2 citrus fruit bearing trees!
There is over 73% upside available in monthly rental income. Once all units are renovated and rented for market, the property will operate at a 6.57% CAP.
The property is separately metered for gas and electric and each unit has washer and dryer hookups.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
Sell a home like this and save $92,501 Find Out How
| Unit No |
Unit Key |
Total Bath |
Total Bed |
Full Bath |
Half Bath |
| 1 |
1069661243 |
1 |
1 |
1 |
0 |
| 2 |
1069661243 |
2 |
2 |
2 |
0 |
| 3 |
1069661243 |
2 |
2 |
2 |
0 |
| 4 |
1069661243 |
2 |
3 |
2 |
0 |
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®.
Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to
purchase real estate, is prohibited.
ByOwner last updated this listing 05/03/2024 @ 16:50
MLS: SB24075059
LISTED BY: Olga Wright, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
