$856,000
$849,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
866 868 W 25th ST San Pedro, CA 90731
5,000 Sqft Lot
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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Bought with George Bustamante Coldwell Banker Commercial
