580 W 22nd Street,San Pedro, CA 90731
San Pedro, CA 90731
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.
Details
| MLS # | SB26188559 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1922 |
| Days On Site | 58 |
| Listing Provided By | Coldwell Banker Realty | Sam Xavier |
Features
| SQ Feet | 2,912 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.12 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Interior Features | Balcony, Tile Counters, Bedroom On Main Level |
| Appliances | Free Standing Range, Gas Oven, Refrigerator, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Lighting |
|---|---|
| Roof | Composition, Shingle |
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Foundation Details | Concrete Perimeter, Raised |
| Lot Features | Corner Lot, Front Yard, Level, Near Park, Rectangular Lot, Street Level, Yard |
| Fencing | Block, Good Condition, Wood |
Parking
| Parking Features | Concrete, On Site, Private, Rv Potential, Rv Access Parking, One Space, Shared Driveway, Tandem, Uncovered |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Electric | Electricity On Property, Standard |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Street Lights, Suburban, Sidewalks, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 181 Point Fermin |
| Listing VS Median (in 90731) | |
Price: $899,000 low | high Med: $750,000 sqft: 2,912 low | high Med: 485 $ / sqft: $309 low | high Med: $187,887 On site: 58 low | high Med: 63.5 | |
Market Activity 90731
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 181 Point Fermin |
| Listing VS Median (in 90731) | |
Price: $899,000 low | high Med: $750,000 sqft: 2,912 low | high Med: 485 $ / sqft: $309 low | high Med: $187,887 On site: 58 low | high Med: 63.5 | |
