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The One Luxury Properties
663 W 5th Street, San Pedro, CA 90731
- $1,395,000
- 6
- BD
- 7
- BA
- 4,057
- SqFt
- List Price
- $1,395,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 101
- Price Change
- ▼ $20,000 1785211101
- MLS#
- 26853869
- Subtype
- Residential Income
- Year Built
- 1990
- Bedrooms
- 6
- Bathrooms
- 7
- Living Area
- 4,057
- Lot Size
- 5,000
- Acres
- 0.11
- MLS Area Major
- Barton Hill (189)
Property Description
Turnkey 6-unit Multifamily investment opportunity located in the heart of San Pedro. Built in 1990, the property is exempt from Los Angeles City Rent Control (RSO), positioning the asset for long-term income growth in a market supported by strong rental demand. The property has been extensively renovated with a new roof, electrical systems, copper plumbing, water heater, and upgraded laundry facilities. Interior improvements include remodeled kitchens and bathrooms, hardwood flooring, recessed lighting, fresh paint, and updated fixtures, creating a true turnkey investment with minimal deferred maintenance. 5/6 of the units have been fully renovated. Located in a highly walkable San Pedro neighborhood, the property features secured gated entry and parking and is just minutes from the$200 million West Harbor redevelopment. With convenient access to the I-110 Freeway, the asset is well positioned to benefit from the area's continued growth and revitalization.
Additional Information
- Zoning
- LAR3
- Appliances
- Dryer
- Heating
- Central
- Stories
- Multi Level
- Levels
- Multi/Split
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Listing courtesy of Listing Agent: Chase Simonton (Chase@RemaxOneCommercial.com) from Listing Office: RE/MAX One.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.