632 W 18th Street, San Pedro, CA 90731

$1,089,990

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List Price
$1,089,990
Status
ACTIVE
MLS#
PW26241496
Year Built
1925
Lot Size
5,000
Acres
0.11
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Quadruplex
Stories
One Level

Property Description

San Pedro Fourplex – Great Investment Opportunity! Discover the potential of this charming four-unit property, offering an opportunity for homeowners and investors alike! The front residence features two bedrooms and one bathroom, a cozy living room with a fireplace, a dining area, and plenty of windows providing natural light. The kitchen includes a stove and dishwasher. Additional features include a private laundry room with access to a patio, separate electric and gas meters, and a detached garage with a small workshop area currently not rented. The property also features three additional single/bachelor-style units, offering flexible rental opportunities. These bungalow-style accommodations feature open living areas, kitchenettes, and bathrooms. One unit features French doors opening to a small common yard. The property has separate electric meters, shared outdoor space, and convenient alley access. With two units can be delivered vacant at COE, this property presents an opportunity for buyers looking to live in one unit while collecting rental income from the others, or investors interested in improving the property and exploring its rental income potential. The property also offers potential for improvements and future development, subject to City approval. Buyers are encouraged to independently verify all development possibilities with the City of Los Angeles. Conveniently located near shopping, restaurants, parks, beaches, and San Pedro's growing waterfront attractions, this property combines residential living with investment possibilities. Bring your vision and explore the possibilities this San Pedro fourplex has to offer! Buyer to conduct their own investigations with the appropriate agencies.

Additional Information

Other Buildings
Workshop
Appliances
Dishwasher, Free-Standing Range, Gas Range, Water Heater
Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Gas, Wall/Window Unit(s)
View
None
Exterior Construction
Wood Siding
Roof
Composition, Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$94,800
Operating Expense
91300

Listing courtesy of Listing Agent: Francine McClendon (info@askcahomes.com) from Listing Office: Home Team Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.