663 W 5th St, San Pedro, CA 90731
- $1,395,000
- 6
- BD
- 7
- BA
- 4,057
- SqFt
- List Price
- $1,395,000
- Price Change
- ▼ $20,000 1785210863
- MLS#
- 26853869
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 6
- Bathrooms
- 7
- Living Area
- 4,057
Property Description
Turnkey 6-unit Multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand. The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated. Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the$200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area's continued growth and revitalization.
Additional Information
- Year Built
- 1990
- Garage
- Gated Underground
Mortgage Calculator
Courtesy of RE/MAX One, Chase Simonton.
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