San Pedro, CA 90731,866 868 W 25th ST

$856,000

Est. payment /mo

$849,000

0.8%
Est.Price: ?

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866 868 W 25th ST San Pedro, CA 90731

5,000 Sqft Lot

SOLD DATE : 04/08/2022

Key Details

Sold Price $856,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22010458

Sold Date 04/08/22

HOA Y/N No

Year Built 1983

Lot Size 5,000 Sqft

Property Sub-Type Duplex

Property Description

This well maintained Duplex is a 2 story building and consists of two very large 3 bedroom 2 bath apartment units with one above the other. Originally built in 1949 as a single family residence, the property was rebuilt in 1983 into its present configuration with permits. The units are over 1300 square feet each and both units are rented to long term tenants. The lower unit has its own enclosed yard and there is a two car garage included with the lower unit. A new roof was installed a little over 2 years ago, each unit has its own water heater, copper plumbing and the tenants pay for gas and electric utilities. Rents are below market with upside in income upon unit turnover. This is an excellent opportunity for the astute investor or potential owner-user.

This property is in an excellent South San Pedro Location, West of Gaffey, and very close to many activities: hiking, swimming, biking, sailing, and picnicking in nearby parks such as Angeles Gate Park and Pt. Fermin Park and Lighthouse. It is also a short bike ride to Cabrillo Beach, Cabrillo Marina and the multimillion dollar LA Waterfront Development (See link) https://www.lawaterfront.org/.

Location

State CA

County Los Angeles

Area 183 - Vista Del Oro

Zoning LARD1.5

Interior

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Exterior Feature Lighting

Parking Features Garage, Garage Faces Rear

Garage Spaces 2.0

Garage Description 2.0

Fence Wrought Iron

Pool None

Community Features Curbs, Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7463011017

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Stephen Lampe Re/Max Commercial & Investment
Bought with George Bustamante Coldwell Banker Commercial
Rachael Stern Hughel

Rachael Stern Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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