424 2nd Street, San Pedro, CA 90731

$1,550,000
Sold Price
$1,550,000
List Price
$1,600,000
Closing Date
Jul 25, 2024
MLS#
WS24050400
Status
SOLD
Type
Multifamily

Property Description

BUILT IN 2017, THIS TURNKEY DUPLEX IS NOT SUBJECT TO RENT CONTROL!! A MASSIVE DUPLEX FEATURING TWO UNITS - ONE WITH 5 BEDROOMS, 3 BATHS AND THE OTHER WITH 4 BEDROOMS, 3 BATHS WITH 6 (SIX!) TOTAL PARKING SPACES. IN THE UP AND COMING NEIGHBORHOOD OF SAN PEDRO, STEPS AWAY FROM THE WEST HARBOR DEVELOPMENT (WWW.WESTHARBORLA.COM), A 42 ACRE WATERFRONT DISTRICT WITH AN OUTDOOR AMPHITHEATER AND UPSCALE SHOPPING, DINING, AND HOTELS. THIS PROPERTY HAS SCENIC VIEWS OF THE OCEAN. BRING ALL BUYERS AND INVESTORS! ONE UNIT IS CURRENTLY RENTED; YOU WILL GET INSTANT INCOME PRODUCING CASH FLOW. YOU CAN LIVE OR RENT OUT THE OTHER! RENT SCHEDULE FROM APPRAISER SHOWS 10,925 IN PRO FORMA RENT. EXPENSES ARE ESTIMATED.

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Courtesy of LOU EDWARDS FINANCIAL INC., LOU WU. Selling Office: Sireci Group Inc..