469 W Oliver Street San Pedro, CA 90731
We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusPending
- MLS ID NumberSB24177028
- Home Size Source N/A
- Year Built1980
- Lot Size0.2153 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 9
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.2153
- Water Public
- Property Sub Type Apartment
- Garage Spaces 6
- Zoning LAR2
- Listing Conditions Standard
Interior Features
- Laundry Features Common Area
Exterior Features
- Pool Features None
- Lot Level with Street
Community Features
- Community Features Curbs
- Senior Community No
- MLS Area 189 - Barton Hill