580 W 22nd Street, San Pedro, CA 90731
- $899,000
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- SB26188559
- Year Built
- 1922
- Lot Size
- 5,401
- Acres
- 0.12
- Lot Location
- Corner Lot, Front Yard, Level, Near Park, Rectangular Lot, Street Level, Yard
- Days on Market
- 0
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
INVESTMENT OPPORTUNITY IN SAN PEDRO! Welcome to 580 W. 22nd Street, a fully occupied 4-unit apartment building prominently situated on a corner lot at W. 22nd Street and Grand Avenue. This income-producing property provides an opportunity for investors seeking an established multifamily asset with existing tenants and immediate rental income with upside potential. The property consists of four 1-bedroom, 1-bath units within approximately 2,912 SF of building area on a 5,401 SF lot with oversized parking lot. All four units are currently occupied and the property is being sold with the existing tenants in place. The building features separately metered gas and electricity, helping simplify utility management, along with tandem off-street parking. Located in San Pedro's Point Fermin area, the property offers convenient access to the waterfront, harbor, marina, shopping, dining and major transportation routes. The corner-lot configuration and established four-unit use make this an attractive opportunity for a long-term multifamily investor looking to add a South Bay/Harbor Area income property to their portfolio.100% Occupied • 4 Units • Corner Lot • Oversized Parking Lot with Tandem Parking for 8 Vehicles • Future Upside on Monthly Rental Income • Separately Metered Gas & Electric.
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Additional Information
- Appliances
- Free-Standing Range, Gas Oven, Refrigerator, Water Heater
- Pool Description
- None
- Cooling Description
- None
- View
- Neighborhood
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Tile Counters, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $54,672
- Operating Expense
- 8400
Listing courtesy of Listing Agent: Sam Xavier (samx4750@yahoo.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
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.