CA > San Pedro
San Pedro, CA 90731,469 W Oliver ST
San Pedro, CA 90731,469 W Oliver ST
San Pedro, CA 90731,469 W Oliver ST
San Pedro, CA 90731,469 W Oliver ST
San Pedro, CA 90731,469 W Oliver ST
San Pedro, CA 90731,469 W Oliver ST
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Jacob Raabe

Jacob Raabe

+1(949) 478-2551
$ 2,300,000
Est. payment | /mo

9,378 Sqft Lot

Save
$ 2,300,000
Est. payment | /mo
Save

9,378 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB24177028

HOA Y/N No

Year Built 1980

Lot Size 9,378 Sqft

Property Description

We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.

Location

State CA

County Los Angeles

Area 189 - Barton Hill

Zoning LAR2

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs

Total Parking Spaces 9

Private Pool No

Building

Lot Description Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7449010030

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Josh Cohen • Keller Williams South Bay • 310-480-2130
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 478-2551

jacob@raabeproperties.com

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469 W Oliver ST