581 Bonita Street, San Pedro, CA 90731

$699,000 Approx. USD 0 beds, 0 baths
3,300 sqft

Agent Remarks

A value-add opportunity in a primarily residential pocket of San Pedro. With SFR's up-and-down the street and a newer subdivision next door this asset is truly a ground-floor opportunity . . . as a multifamily asset or a development deal. The asset is made up of four 2 Bed/1 Bath units on a 5,097 square foot lot zoned LAR2. Separate gas and electric meters. Part of a 2 buildings portfolio - can be sold together or separately. 1401 S Pacific Coast Highway in Harbor City is the other building in the portfolio: 7 apt. units and 3 retail spaces listed at a 6.5% cap rate. The building is just blocks from Ports O' Call and downtown Pedro, much of which is a historical redevelopment area. 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: Pending
MLS# SB16169735
List price is $699,000
Beds: 0
Baths: 0
Built in 1964
3,300 sqft
2 stories
0.11 acres
Lot size: 5097.000
County: Los Angeles
Zoning: LAR2
MLS area: 185 - Plaza

Last Updated: 10/15/2016

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This listing belongs to the 185 - Plaza MLS area

The listing is zoned LAR2.
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Lat/Long: 33.747574, -118.289764.
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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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