1260 W 9th new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25225982
Year Built 1928
Lot Size 6,751 Sqft
Property Sub-Type Quadruplex
Property Description
Prime Location!
Rare opportunity to acquire a Spacious 4 unit investment property with 2 Beautifully Renovated units.
Perfect for an Owner Occupant AND destined to be a Very Profitable investment. 1260 W 9th St. benefits from Large floor plans, a Generously sized lot, and is situated in one of the most Sought After Coastal neighborhoods in San Pedro -- At the Top of the Hill with Views of the harbor and a cool Ocean Breeze.
There are two Turnkey 2bed 1bath units with high-end Luxury finishes, and two Spacious 1bed 1bath occupied units generating Strong Income, with 67% Upside in gross income!
Each unit has a dedicated laundry room, and rear patios for the tenants' enjoyment. There are 4 private garages, and a storage building that can easily be converted into a 5th unit.
Alternatively, you can Maximize your investment by adding an Additional 4 units, for a total of 8 units, via the streamlined ADU planning/permitting process.
Tenants Pay for gas, electricity, and trash, so ownership is responsible for Minimal Expenses.
Whether you're an Owner Occupant that is Passively Cash Flowing Every Month, or a Savvy Investor, you will Reap the Rewards of Consistent Cash Flow, Strong Appreciation, Rent Growth, and Lucrative Tax Benefits.
Reach out to the listing agent and Submit Offers ASAP, because this is a deal that will Sell Fast!
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Cooling See Remarks
Fireplaces Type None
Laundry Washer Hookup,Gas Dryer Hookup,See Remarks
Exterior
Parking Features Garage,Uncovered
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking,Curbs,Dog Park,Fishing,Golf,Gutter(s),Hiking,Storm Drain(s),Street Lights,Suburban,Sidewalks,Water Sports,Park
View Y/N Yes
View Bridge(s),City Lights,Coastline,Harbor,Marina,Mountain(s),Neighborhood,Peek-A-Boo,Water
Building
Lot Description Back Yard,Front Yard,Lawn,Level,Near Park,Near Public Transit,Value In Land,Yard
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard