6,403 Sqft Lot
6,403 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID IN26058256
HOA Y/N No
Year Built 1956
Lot Size 6,403 Sqft
Property Sub-Type Quadruplex
Property Description
The property provides stable in-place income with potential for rental growth and operational upside, supported by strong fundamentals in this coastal submarket. It represents a compelling opportunity for investors seeking to expand a portfolio with a well-positioned asset offering both current cash flow and long-term appreciation potential.
Ideally located within walking distance of Point Fermin Park, the Korean Bell of Friendship, and scenic coastal bluff trails, the property benefits from a supply-constrained location that continues to drive consistent tenant demand and low vacancy. The property also offers convenient access to Cabrillo Beach, the San Pedro waterfront, and nearby retail and dining amenities, further enhancing its long-term desirability.
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Driveway, Garage Faces Front
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Park, Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Sprinklers Timer
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7467012016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Probate Listing
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