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For Sale

$1,050,000

5,401 sqft$194/sqft58 days on market

1109 W 24th Street

San Pedro, CA 90731

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,401

Square feet

1973

Built

Listing narrative

Description

** EXCEPTIONAL INVESTMENT OPPORTUNITY IN HIGHLY DESIRABLE VISTA DEL ORO ** This well-maintained three-unit residential income property offers an outstanding opportunity in one of San Pedro’s most desirable neighborhoods. The property features a spacious 3-bedroom, 2-bath unit and two spacious 2-bedroom, 1-bath units, with approximately 3,500 square feet of total living space situated on a 5,402-square-foot lot. Each unit features its own private balcony, and the property offers ample on-site and off-street parking, along with a coin-operated community laundry room. The 3-bedroom unit also includes an attached garage and private laundry hookups. Pride of ownership is evident throughout, with improvements including a newer roof, double-pane windows, plumbing upgrades, updated flooring, and numerous improvements within the individual units. All three units are currently occupied by long-term tenants, providing an established rental income stream. Located near the exciting transformation of the San Pedro Waterfront and West Harbor, the property is well positioned to benefit from the continued investment and redevelopment taking place throughout the area, bringing new dining, entertainment, retail, and waterfront attractions to this vibrant and historic San Pedro community. These improvements further enhance the long-term appeal of this already highly sought-after residential area. An excellent opportunity for an investor seeking a well-located income property with established rental income, value-added potential, and long-term appreciation potential. With its desirable unit mix, generous lot, ample parking, and prime Vista del Oro location, this is a rare opportunity to acquire a quality multi-family asset in one of San Pedro’s most desirable residential neighborhoods.

Listing agent (MLS): Rose Marie Alex · Listing brokerage (MLS): Bella Via Properties

Property Details

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Price

$1,050,000

Beds

Beds n/a

Type

Multi-Family

Home Size

5,401 sqft

Baths

Baths n/a

Lot Size

0.12 acres

Year

1973

Status

For Sale

Days on Market

58

$ / Sqft

$194

· 8% down, 7% APR, 30yr fixed
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Courtesy of Bella Via Properties