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    1020 W 13Th Street

    San Pedro, CA 90731
    • $1,625,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: 21691790
    UPDATED: 39 min ago
    $1,625,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,870
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    We are pleased to present 1020 West 13th Street, a value add 5-unit investment property in San Pedro, California. The property is located between Leland and Alma Streets. This area is a solid majority-renter market with low vacancy rates.1020 West 13th Street consists of five 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five garage spaces. Current ownership has renovated one of the five units and leased the unit at $2,195. This presents an opportunity for a new owner to come in and continue to create vacancy and raise rents. The property demands top of market rents due to its floorplans, location, and private parking garages. Quiet Vista Del Oro Neighborhood and LARGE units with great natural light.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T21:35:08.33. 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 deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
    www.thealvaradobrothers.com/homes/114143231
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    1020 W 13Th Street San Pedro, CA 90731

    • Price: $1,625,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 21691790
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,870
    SQFT
    $334
    $/SQFT
    1969
    Built
    Neighborhood:
    183 - Vista Del Oro
    County:
    Los Angeles
    Area:
    183 - Vista Del Oro
    Property Description
    We are pleased to present 1020 West 13th Street, a value add 5-unit investment property in San Pedro, California. The property is located between Leland and Alma Streets. This area is a solid majority-renter market with low vacancy rates.1020 West 13th Street consists of five 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five garage spaces. Current ownership has renovated one of the five units and leased the unit at $2,195. This presents an opportunity for a new owner to come in and continue to create vacancy and raise rents. The property demands top of market rents due to its floorplans, location, and private parking garages. Quiet Vista Del Oro Neighborhood and LARGE units with great natural light.
    Exterior Features

    Parking Features Private

    Interior Features

    Cooling None Cooling YN No Heating Central Heating YN Yes

    Property Features

    Gross Income 94728 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 58610 Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5

    Listing provided courtesy of Jonathan Weir of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T21:35:08.33. 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 deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.
     
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