803 W 6th St, San Pedro, CA 90731

Property Description

Here is your chance to own this amazing quadplex located in the Vista Del Oro neighborhood, in the city of San Pedro. These units are 100% occupied, have no vacancy, and offer an astonishing 5.85% CAP RATE! This is a perfect opportunity for a new investor, 1031 exchange buyers, and/or first-time buyers looking to live in one while having rental income from the other occupied units. Three out of the four units have been remodeled in 2018 with new cabinets, granite countertops, laminate flooring, new bathroom vanities, lighting, and interior paint. The property has all new 200 amp electrical panels, drain pipes that have been changed to ABS plastic earlier this year, upgraded dual pane windows, and copper plumbing. One unit is detached with its own parking spot and private patio. The other three units are within a single building and each unit has its own private patio. San Pedro is home to the Korean Bell of Friendship, Point Fermin Park, Los Angeles Maritime Museum, San Pedro Fish Market & Restaurant, Cabrillo Marine Aquarium, The Port of Los Angeles, and future developments to the San Pedro waterfront attraction.