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663 W 13Th St

San Pedro, CA 90731
  • $2,095,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 21-106301
UPDATED: 58 min ago
$2,095,000
  • 12
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,737
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Ratings & Info

Description

We are pleased to present a one of a kind modern coastal affordable multifamily property located 663 W 13th st. This abnormally large sized 6 unit property is comprised of all 2 bedroom floorplans with 4/6 units being completely renovated. Ownership has meticuilosuly cared for exterior and interior condition and has raised 66% of the units to market rents. A new owner can benefit from immediate cash flow, a turnkey asset located in a gentrifying area, and units that will always be in high demand. Tons of parking in the rear of the property in addition to street parking. Located just a few parcels from Gaffey, tenants can enjoy accessibility to major retailers, the freeway, and other nearby attractions. Should an investor elect to purchase with "interest only' financing, they can expect above average yield upon acquisition.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T07:42:18. 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.
www.haciendagroupinc.com/homes/123385122
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663 W 13Th St San Pedro, CA 90731

  • Price: $2,095,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 58 min ago
  • MLS #: 21-106301
12
Beds
0
Baths
0
½ Baths
0.16
Acres
5,737
SQFT
$365
$/SQFT
1967
Built
Neighborhood:
Plaza
County:
Los Angeles
Area:
Plaza
Property Description
We are pleased to present a one of a kind modern coastal affordable multifamily property located 663 W 13th st. This abnormally large sized 6 unit property is comprised of all 2 bedroom floorplans with 4/6 units being completely renovated. Ownership has meticuilosuly cared for exterior and interior condition and has raised 66% of the units to market rents. A new owner can benefit from immediate cash flow, a turnkey asset located in a gentrifying area, and units that will always be in high demand. Tons of parking in the rear of the property in addition to street parking. Located just a few parcels from Gaffey, tenants can enjoy accessibility to major retailers, the freeway, and other nearby attractions. Should an investor elect to purchase with "interest only' financing, they can expect above average yield upon acquisition.
Exterior Features

Lot Size Area 6764 Other Structures None Parking Garage Covered Parking Total Parking 6

Interior Features

Baths Total 11.00 Cooling None Equipment None Heating Wall

Property Features

Assessed Total Value 734982 Gross Income 141468 Gross Operating Income 138124 Like Units1 1 Like Units2 4 Like Units3 1 Net Operating Income 87787.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 50337 Type Of Units Multifamily Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Jonathan Weir DRE#02038545 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T07:42:18. 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.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253