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1431 S Grand AVE San Pedro, CA 90731
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB14195143
Sold Date 01/07/15
HOA Y/N No
Year Built 1964
Lot Size 7,492 Sqft
Property Description
Pride of ownership property with an excellent unit mix of one 3bedroom/2 baths, one 2bedroom/1bath and seven 1bedroom/1bath units.
Property is located in a high demand rental pocket of San Pedro in a quiet residential community just East of Gaffey between 14th and 15th Streets. Very attractive location due to the within walking distance to shopping, dining, public transportation, 15th Street Elementary School and Dana Middle School.
Very well maintained property with minimum maintenance required. Each unit is separately metered for utilities. The is an onsite laundry with owned equipment. Garage spaces make it even more attractive for tenant and dictate higher rental rates. Many of the units are rented below market rates presenting a great upside potential for an astute investor.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Interior Features Balcony
Heating Natural Gas
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Utilities Available Sewer Available
View Y/N Yes
View Harbor
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Water Public
Architectural Style Contemporary
Level or Stories Two
Others
Senior Community No
Tax ID 7454028025
Acceptable Financing Contract
Listing Terms Contract
Financing Conventional
Special Listing Condition Standard
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Bought with Olga Wright • Re/Max Commercial & Investment