$1,300,000
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We're pleased to present to market 1030 West 15th Street, an exciting value-add opportunity in San Pedro, California. This offering presents a new investor the rare opportunity to acquire and reposition an entire asset in a strong coastal rental market.
1030 West 15th Street is a 1925 construction that comprises four single-story one-bed/one-bath homes and a rear two-story building that contains one two-bed/one-bath unit above a garage, which a new investor may want to explore converting to an ADU (buyer to verify). The units are all separately metered for gas and electricity and feature attractive water-wise landscaping.
The property is well-located in San Pedro directly across from San Pedro High School. San Pedro is a dense coastal submarket that has seen numerous developments in recent years, spurred by the major West Harbor development project, a waterfront mixed-use destination slated to open in 2025.
Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 8:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.