1054 23rd Street, San Pedro
$1,549,000 - 5 Beds, 4 BathsMLS® # SB24077116
$1,550,000
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This Spanish 4 plex in the prime San Pedro Point Fermin neighborhood boasts 4,886 sqft with ocean and harbor views! This is an ideal opportunity for any owner/user looking to invest in LA County’s up and coming coastal neighborhoods. From the newest San Pedro Waterfront Park development to bespoke eateries like Colossus and Tranis Dockside, San Pedro is positioned to become one of LA’s hottest coastal cities.
***The 4 plex boasts a favorable unit mix featuring (1) 3Bed+2Bath, (2) 2Bed+2Bath and (1) 1Bed+1Bath units, all of which have spacious floorplans. The spacious owners unit (3 Bedroom) has an enclosed terrace and arched walkways. There are three separate tandem garages (for a total of 6 spaces) and one exterior space. The front exterior space boasts 2 citrus fruit bearing trees!
There is over 73% upside available in monthly rental income. Once all units are renovated and rented for market, the property will operate at a 6.57% CAP.
The property is separately metered for gas and electric and each unit has washer and dryer hookups.
Street Lights, Sidewalks, Urban
Lyon Stahl Investment Real Estate, Inc.
MLS® # SB24077116
MLS® # PW22258392
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 4:50pm 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.