521 W 16th #4, San Pedro, CA 90731
521 W 16th #4, San Pedro, CA 90731
521 W 16th #4, San Pedro, CA 90731
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$950,000
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4,386 Sqft Lot
New

521 W 16th #4 San Pedro, CA 90731

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26164033

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1922

Lot Size 4,386 Sqft

Property Sub-Type Quadruplex

Property Description

Don't miss this exceptional opportunity to own an income-producing fourplex located just a few blocks from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities.
The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups.
Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income.
This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies).
Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment.

Location

State CA

County Los Angeles

Area 185 - Plaza

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Fence Privacy

Pool None

Community Features Biking, Park, Water Sports

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected

Roof Type Shingle

Private Pool No

Building

Lot Description Front Yard, Level

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7454033012

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Dareh Gregorian Executive Realty & Finance 818-590-3198, DRE #02208598

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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