663 W 5th ST new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,057 sqft
Price per Sqft $332
MLS Listing ID 25616691
Bedrooms 6
Year Built 1990
Lot Size 5,000 Sqft
Property Description
We are pleased to present 663 W 5th St, a six-unit multifamily property located in the heart of San Pedro, CA and only blocks away from the vibrant downtown neighborhood. Built in the 1990s and being offered for sale for the first time ever, this well-maintained asset features a diverse unit mix consisting of one 2-bedroom/2-bathroom unit, one 2-bedroom/1-bathroom unit, and four studio units. Given the building was built in 1990, the property DOES NOT fall under LA City rent control. The property offers seven on-site parking spaces and presents investors with an estimated 20% rental upside through future modernization and rent adjustments. Situated in a rapidly developing pocket of San Pedro near local restaurants and major transit corridors, 663 W 5th St provides a great opportunity to acquire a building with strong in-place income and long-term growth potential. For more information, please reach out.
Location
State CA
County Los Angeles
Area 189 - Barton Hill
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Private
Garage Spaces 7.0
Garage Description 7.0
Building
New Construction No
Others
Special Listing Condition Standard