$1,149,000 - 730 W 5th Street, San Pedro

  • 0Beds
  • Baths
  • 4,194SQ. Feet
  • 0.12Acres

Opportunity Zone investment opportunity!This 4 unit property affords an investor immediate income with upside, as well. The property was originally built in the 20's but was "taken down to the studs" and rebuilt in 1980 (Buyer to verify). The building is fully-secured with controlled access through the front gate. The units are large and the hilltop location means the tenants enjoy Harbor views! The building was tented recently and section 1 termite clearance work was completed. Additionally, the units have washer/dryer hookups.Also, the property's rental income is largely guaranteed every month. All units are Section 8, which means the income comes early every month without fail. Even better, all units are eligible for an increase - the allowable "city of LA" increase for 2019-2020 is 4%.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:19463312
  • Price:$1,149,000
  • Bathrooms:0.00
  • Square Footage:4,194
  • Acres:0.12
  • Year Built:1920
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:730 W 5th Street
  • Area:Holy Trinity (187)
  • City:San Pedro
  • County:Los Angeles
  • State:CA
  • Zip Code:90731

Interior

  • Cooling:None
  • # of Stories:2

Exterior

  • Lot Description:Sprinklers None

Additional Information

  • Date Listed:May 8th, 2019
  • Days on Market:101
  • Zoning:LARD1.5

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  • City:
    San Pedro
  • Price Range:
    $572,000 - $2,950,000
  • Current Listings:
    33
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $339
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Provided By: Brice Head(01330706), Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2019 at 12:57pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.