364 W 16th Street Active

San Pedro,CA 90731

$ 799000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24043504

Bedrooms 5

Lot Size 5,005 Sqft

Property Description

This Duplex is located in a nice neighborhood in the city of San Pedro walking distance to local shops and restaurants by the water. This property have excellent upside as current rent is very low. Front unit is 3 bedrooms with 1 bath. The back unit is 2 bedroom with 1 bath. In addition, there is a "guest house" which is a studio with 3/4 bath (no kitchen) that is currently vacant and can potentially be converted into a 3rd unit for rent (please verify with city on the possibility). There is also an open space in the middle between the 2 units which may have ADU potential (please check with city) There is plenty of parking on the long driveway. New fence was installed approx 6yrs ago. Both units has it's own electric and gas meters as well as laundry hookups. 1 of 2 units needs a remodel. This is a perfect fixer. Don't pass up this great investment opportunity!
This Duplex is located in a nice neighborhood in the city of San Pedro walking distance to local shops and restaurants by the water. This property have excellent upside as current rent is very low. Front unit is 3 bedrooms with 1 bath. The back unit is 2 bedroom with 1 bath. In addition, there is a "guest house" which is a studio with 3/4 bath (no kitchen) that is currently vacant and can potentially be converted into a 3rd unit for rent (please verify with city on the possibility). There is also an open space in the middle between the 2 units which may have ADU potential (please check with city) There is plenty of parking on the long driveway. New fence was installed approx 6yrs ago. Both units has it's own electric and gas meters as well as laundry hookups. 1 of 2 units needs a remodel. This is a perfect fixer. Don't pass up this great investment opportunity!

Location

State CA

County Los Angeles

Area San Pedro (90731)

Zoning Estimated

Building

Lot Description Sidewalks

Story 2

Others

Monthly Total Fees $24

Acceptable Financing Cash,Conventional

Space Rent $1,344

Listing Terms Cash,Conventional

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