Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
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listing
1 of 31
Residential IncomeFor Sale
$1,350,000
735 W 30th Street
San Pedro, CA 90731
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$7,068/mo

This Spanish 4 plex in the prime San Pedro 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. Seller will cooperate with owner occupied eviction. 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 still over 73% upside available in monthly rental income. Once all units are renovated and rented for market, the property will operate at a 7.72% CAP. The property is separately metered for gas and electric and each unit has washer and dryer hookups.

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