469 W Oliver Street
San Pedro, CA, 90731
$2,300,000
Beds
0 Baths
SqFt
0.22 Acres
Add
We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80’s vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.

Property Details

Price:
$2,300,000
MLS #:
SB24177028
Status:
Pending
Baths:
0
Address:
469 W Oliver Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
189bartonhill
City:
San Pedro
Listed Date:
Aug 26, 2024
State:
CA
ZIP:
90731
Lot Size:
9,377 sqft / 0.22 acres (approx)
Year Built:
1980
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Community Features
Curbs
Garage Spaces
6.00
Lot Features
Level with Street
Parking Spots
9.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Map

Community

Similar Listings Nearby

469 W Oliver Street
San Pedro, CA