824 W Sepulveda Street, San Pedro, CA 90731

$875,000
List Price
$875,000
Status
ACTIVE
MLS#
PW18224669
Year Built
1959
Lot Size
5,990
Lot Location
Lot Shape-Rectangular
Days on Market
8
Property Type
Multifamily

Property Description

824 West Sepulveda Street is a four-unit apartment building in San Pedro, California. The property is located west of Gaffey Street, east of Meyler Street, and backs up to Bandini Canyon Park. This area is a majority-renter market with convenient access to the 110 Freeway. Thanks to a massive effort to revitalize LA’s waterfront, San Pedro is undergoing rapid redevelopment, with over $1 Billion invested in current public and private projects. 824 West Sepulveda Street consists of one building with four two-bedroom/one-bath units that have washer/dryer hookups and are separately metered for gas and electricity. The property also offers eight parking spaces (four tandem spaces) in front of the building. As a 1959 construction, this building is subject to rent control. With current rents substantially below market, 824 West Sepulveda Street presents an astute investor with the opportunity to add value and capture potential upside.

Additional Information

Tract Number
2085
Lot Description
Urban
Pool Description
None
Water
Public
Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Steven Bogoyevac from Steven M. Bogoyevac, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.