521 W 16th 4, San Pedro, CA 90731
List Price: $950K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1922
Lot Size: 4,385 sq ft
Private Pool: Yes
MLS Number: SR26164033
About This Property
Don't miss this exceptional opportunity to own an income-producing fourplex located just a few blocks from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities. The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups. Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income. This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies). Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment.
Listing provided by: Dareh Gregorian DRE #02208598 800-935-6955 dareh@executiverf.com, Executive Realty & Finance
Source: CRMLS, MLS #: SR26164033
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.