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Key Details
Sold Price $1,360,815
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24195372
Sold Date 01/28/25
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
LARGE RECENT PRICE REDUCTION. BUILDING HAS JUST RECEIVED OVER $1300.00 IN MONTHLY RENT INCREASE DURING THE LAST WEEK. 3 BEDROOM UNIT IS NOW RENTED AT $2800.00 1 BEDROOM UNIT IS NOW AVAILABLE FOR RENT AT MARKET RENT. Located in the heart of the Vista Del Oro neighborhood of San Pedro is a excellent investment opportunity at 1081 W 19th St. Built in 1980 this property is NOT subject to Los Angeles City Rent Stabilization. This is a 4-Unit multi-family property with a great mix of units containing one 3 bedroom and 2 bath, two 2 bedroom and 2 bath units, and one 1 bedroom and 1 bath unit. In addition the 3 bedroom unit has washer and dryer hook ups. A great chance for either an owner-user or an investor to maximize rent. Additionally, the property has a recreation / storage room which has the potential to be converted to an auxiliary dwelling unit (ADU) to continue to maximize the building's cash flow. 1081 W 19th St provides 3 units with an enclosed garage and a carport space for the remaining unit. This property is situated on 19th Street which provides the front and rear upper units with extraordinary views of the ocean and harbor. This is truly a pride of ownership property and has been well cared for over the years. The location of this building is only minutes from the huge redevelopment of the waterfront, West Harbor, slated to bring in several new restaurants and entertainment opportunities to San Pedro. In addition, this property is minutes from Cabrillo Beach, Angels Gate Park, shopping centers and more. Don't miss out on this incredible opportunity to own a exceptio
Location
State CA
County Los Angeles
Zoning Assessor
Direction 100-S to Gaffey Street. West on 19th St.
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with David Andrade David A. Andrade, Broker
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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