We are pleased to present 1020 West 13th Street, a value add 5-unit investment property in San Pedro, California. The property is located between Leland and Alma Streets. This area is a solid majority-renter market with low vacancy rates.1020 West 13th Street consists of five 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five garage spaces. Current ownership has renovated one of the five units and leased the unit at $2,195. This presents an opportunity for a new owner to come in and continue to create vacancy and raise rents. The property demands top of market rents due to its floorplans, location, and private parking garages. Quiet Vista Del Oro Neighborhood and LARGE units with great natural light.
Courtesy of , Jonathan Weir.
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