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Key Details
Sold Price $1,300,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25180843
Year Built 1983
Lot Size 4,991 Sqft
Property Sub-Type Apartment
Property Description
Built in 1983, this pride-of-ownership 4-unit property offers investors and owner-occupants alike a rare combination of modern construction, strong income potential, and long-term upside. Because it was built after 1978, the property is not subject to the Los Angeles Rent Stabilization Ordinance, providing valuable flexibility in future rent growth.
Each spacious unit features vaulted ceilings that fill the interiors with natural light, creating a desirable living environment for tenants. The building also includes 8 covered parking spaces on the first floor—a highly attractive amenity for residents. In addition, a large storage area presents a unique opportunity for a new owner to get creative and generate additional revenue.
Location
State CA
County Los Angeles
Area 193 - San Pedro - North
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry None
Exterior
Parking Features Covered, On Site, Off Street, One Space
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional, Submit
Listing Terms Conventional, Submit
Special Listing Condition Standard
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Bought with Cody Charnell Sage Real Estate Group, Inc.

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