826 S Walker Avenue, San Pedro, CA 90731

$2,190,000
6,827
SqFt
List Price
$2,190,000
Status
ACTIVE UNDER CONTRACT
MLS#
SB19094473
Year Built
1947
Living Sq. Ft
6,827
Lot Size
11,832
Acres
0.2716
Lot Location
Corner Lot, Lot 10000-19999 Sqft
Days on Market
76
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Level

Property Description

The subject property is a 7 unit apartment complex in PRIME Upper Del Oro neighborhood of San Pedro situated on a large 11,830 square foot corner parcel at 9th and Walker. It was originally constructed in the 1940’s in a Spanish Architectural style with a 3 bedroom 3 bath house on the corner which has a front patio and side courtyard; and a Spanish style duplex on 9th Street featuring two 2 bedroom 2 bath units, an outdoor patio and a shared 2 car garage. The remaining 4 units are on the same lot but in a separate 4 unit building that was built in 1960 and has two 2 bedroom 1 bath units and two 1 bedroom 1 bath units. Two of the units are over the laundry room/5 car garage parking. The property is well maintained and 100% leased with rents very close to market, but with some units having potential upside as they turn over. The property is in an A+ location in Upper Del Oro and is a 7 minute stroll to the retail stores and restaurants on Weymouth Corners as well major employers such as Little Company of Mary and the medical offices along 6th Street at Walker Avenue. The apartments are walking distance to places of worship and a 10 minute walk to Seventh Street Elementary School. There are partial Harbor and Water views from the patios and the upper balcony on the rear 4 unit building.

Additional Information

Tract Number
2970
Lot Description
Curbs, Sidewalks, Street Lights
Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
7

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Stephen Lampe from Re/Max Commercial & Investment

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.