Phone888.995.7575

322 West 9th Street, San Pedro, CA 90731

$2,099,000 Approx. USD 0 beds, 0 baths
9,334 sqft

Agent Remarks

Two buildings on two parcels - a 6 unit and a 3 unit building. Built in 1979 and 1984 these units are not subject to rent control NOR are not subject to the City of LA's seismic retrofit ordinance. The asset has strong cash flow day one and even better cash flow by simply leveling the in-place rents!...nothing more. 5 of the 9 units have been rehabbed. Garage parking. On-site laundry room. Secured asset front and rear. The building is just blocks from Ports O' Call and downtown Pedro, much of which is a historical redevelopment area. Ports O' Call is undergoing a massive, multi-million dollar renovation - with the product being an Esplanade setting with retail, dining, and shopping. A ground floor opportunity in a gentrifying LA submarket. Just minutes to 2 of greater LA's largest employers - the Ports of LA and LB, as well Exxon/Mobil and other oil/gas and aerospace companies in South Torrance, Wilmington and Carson.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# SB16717937
List price is $2,099,000
Beds: 0
Baths: 0
Built in 1978
9,334 sqft
1 stories
0.22 acres
Lot size: 10004.000
County: Los Angeles
Zoning: LAR3
Parking description: Assigned,Garage
MLS area: 185 - Plaza

Last Updated: 11/10/2016

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This listing belongs to the 185 - Plaza MLS area

The listing is zoned LAR3.
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Broker: Courtesy of RE/MAX Commercial & Inv Realty
Listing Agent: Brice Head

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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