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$ 1,415,000
Est. payment /mo
Price Dropped by $60K
663 W 5th ST San Pedro, CA 90731
6 Beds
7 Baths
4,057 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,057 sqft
Price per Sqft $348
MLS Listing ID 26853869
Bedrooms 6
HOA Y/N No
Year Built 1990
Lot Size 5,000 Sqft
Property Description
Turnkey 6-unit Multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand. The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated. Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the$200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area's continued growth and revitalization.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Zoning LAR3
Interior
Heating Central
Fireplace No
Appliance Dryer
Exterior
Total Parking Spaces 7
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7451029003
Special Listing Condition Standard
Listed by Chase Simonton RE/MAX One #01766871