464 W 17th St, San Pedro, CA 90731
- $1,150,000
List Agent Olga Wright () 310 606 2076 Lyon Stahl Investment Real Estate, Inc.; CoList ()
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- SB26148406
- Year Built
- 1965
- Lot Size
- 4,998
- Lot Location
- Front Yard, Paved
- Days on Market
- 21
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
464 W. 17th Street presents an outstanding value-add opportunity in the heart of San Pedro. This well-maintained 4-unit property consists of four spacious 2-bedroom, 1-bathroom units, each featuring washer and dryer hookups, a private one-car garage, and separately paid gas and electricity by the tenants. Currently generating $75,492 in annual rental income, the property offers approximately 59% rental upside with market rents projected at $2,400–$2,600 per unit, creating significant potential to increase cash flow and overall returns. Additionally the free-standing garages in the rear of the property can be converted into ADU(s) - buyer to verify. *** Ideally located just minutes from the rapidly transforming LA Waterfront, residents enjoy convenient access to new dining, shopping, entertainment, and major employment centers, making this an excellent investment opportunity in one of San Pedro's fastest-growing rental markets.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.