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557 W Macarthur AVE San Pedro, CA 90731
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Key Details
Sold Price $1,035,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB22000573
Year Built 1981
Lot Size 4,800 Sqft
Property Description
EXCELLENT INVESTMENT OPPORTUNITY. Built in 1981 - not under City of LA Rent Control Ordinance, but under California Rent Control. Rents are well below rents of like units in area so this property has a great deal of potential.
These 4 units are located in beach city of San Pedro. 2 Townhome Style units with 2 bedroom 2 bath (Unit A and Unit B), plus 2 One-Level units with 2 bedrooms each (Unit C has 1 bath and Unit D has 2 bath). Each unit has 2 off-street covered parking spaces. Common laundry room with Washer and Dryer. All units have Central Air. This property only minutes away from the New Water Front Market under development, shopping, dining, beaches, cruise terminal and parks.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features Covered, Detached Carport, Shared Driveway, Tandem, Uncovered
Fence Block
Pool None
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat,Rolled/Hot Mop
Building
Lot Description Gentle Sloping
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Trust
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Bought with Gary Krill Compass
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