903 W 7th Street,  San Pedro CA, 90731 (Residential Income)

8,422 sqft
Status: Active
MLS#: SB16751260
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Last Updated: 12/9/2016 1:14 PM
Description for 903 W 7th Street San Pedro, CA 90731
A rare 8-unit building in a great location, with views of L.A. Port and the landmark Vincent Thomas bridge. All apartments are spacious two Bedrooms (approximately 1,000 square feet each), and with large balconies. Each has been updated over recent years including appliances. Street level boasts a secure garage with 12 parking spots, common laundry room with leased 2 washers and two dryers, plus tenant and owners storage rooms totaling 700+ square feet. Most importantly, tenants stay for years, and with rare vacancy leasing is immediate. Rents are on the lower end of the mark and have not been raised. With upside potential, this property is truly an investors dream.
Price
$1,895,000
Los Angeles
8,422 (approx)
SB16751260
Active
Description
A rare 8-unit building in a great location, with views of L.A. Port and the landmark Vincent Thomas bridge. All apartments are spacious two Bedrooms (approximately 1,000 square feet each), and with large balconies. Each has been updated over recent years including appliances. Street level boasts a secure garage with 12 parking spots, common laundry room with leased 2 washers and two dryers, plus tenant and owners storage rooms totaling 700+ square feet. Most importantly, tenants stay for years, and with rare vacancy leasing is immediate. Rents are on the lower end of the mark and have not been raised. With upside potential, this property is truly an investors dream.
Listing Information
Property Type: Cluster, 3+ Story
0.14 Acres 618,700 sq.ft. 8,422 (approx)
$225.01 1968
Yes- 12 spaces Stucco
8 Total
Neighborhood
Room Information
Family Room, Living Room
First Floor Bedroom
Common, Hookups in Garage, Hookups in Laundry Room
Interior Features
Carbon Monoxide Detector
Carpet and Other, Ceramic Tile
Ceiling Fan(s)
Gas Heat, Forced Air
Full Copper Plumbing
Alarm -Smoke/Fire,
Tile Counter Top, Window Blinds
Exterior / Lot Features
12 Garage Spaces, 12 Parking Spaces, Assigned Parking Space, Garage
Stucco
None
No Pool
Marina View, Bridge View, Harbor View
LARD1.5
Sidewalks, Security Lighting, Curbs Walk, Marina
Driving Directions
Gafey to 7th St. N
Financial Considerations
7458001018
$124,632 Income ,$46,017Expense
Listing Price History

San Pedro Real Estate

San Pedro is located in California. San Pedro, California 90731 has a population of 79,165.

The median household income in San Pedro, California 90731 is $67,991. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in San Pedro 90731 is 41 years.

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Courtesy: Matijevich Realty Zivko Matijevich
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