1260 W 9th new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25225982
Bedrooms 3
Lot Size 6,751 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Location! Rare opportunity to acquire a Spacious 4 unit investment property with 2 Beautifully Renovated units. Perfect for an Owner Occupant AND destined to be a Very Profitable investment. 1260 W 9th St. benefits from Large floor plans, a Generously sized lot, and is situated in one of the most Sought After Coastal neighborhoods in San Pedro -- At the Top of the Hill with Views of the harbor and a cool Ocean Breeze. There are two Turnkey 2bed 1bath units with high-end Luxury finishes, and two Spacious 1bed 1bath occupied units generating Strong Income, with 67% Upside in gross income! Each unit has a dedicated laundry room, and rear patios for the tenants' enjoyment. There are 4 private garages, and a storage building that can easily be converted into a 5th unit. Alternatively, you can Maximize your investment by adding an Additional 4 units, for a total of 8 units, via the streamlined ADU planning/permitting process. Tenants Pay for gas, electricity, and trash, so ownership is responsible for Minimal Expenses. Whether you're an Owner Occupant that is Passively Cash Flowing Every Month, or a Savvy Investor, you will Reap the Rewards of Consistent Cash Flow, Strong Appreciation, Rent Growth, and Lucrative Tax Benefits. Reach out to the listing agent and Submit Offers ASAP, because this is a deal that will Sell Fast!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Top of the Hill on West 9th Street in-between S Patton Ave & S Walker Ave
Interior
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7459022009