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Key Details
Sold Price $3,400,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24177205
Sold Date 10/07/24
Bedrooms 1
Type of Financing Cash,Exchange
Property Description
We are proud to present our latest multifamily apartment available for sale, The Villa Cinisi Apartments. Located at 1144 South Palos Verdes Street in San Pedro, this outstanding investment opportunity overlooks the brand new, West Harbor redevelopment with stunning views of the port! Built in 1984, this investment is not subject to City of LA RSO, only State rent control laws! The fourteen units are all one bedroom units, and four of the units are larger and face the port, and will command a premium compared to other one bedroom units nearby. Property amenities feature balconies (all units), twenty two covered, secure parking spaces (which includes two, two car garages), and onsite laundry (leased). There are several small storage areas available for rent, and units have dishwashers! The immediate area in San Pedro is undergoing a renaissance, and residents all eagerly await the completion of the West Harbor Redevelopment, just a very brief walk away! West Harbor will include exciting new tenants such as Yamashiro Japanese Restaurant, Mike Hess Brewing, Mario's Butcher Shop, and several more! There will also be an immersive art gallery, an off-leash dog park, and many to-be-announced retail shops.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Near waterfront redevelopment
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with NON LISTED AGENT San Diego
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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