564 W Macarthur, San Pedro, CA 90731

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
SB26145747
Year Built
1981
Lot Size
5,401
Acres
0.12
Lot Location
Walkstreet
Days on Market
19
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

Pride of Ownership 3plex located on a quiet residential street in San Pedro. Built in 1981, the property is NOT subject to Los Angeles City RSO, providing greater rental flexibility for ownership. The entire ground floor is occupied by a spacious fully renovated VACANT owner's unit with two separate entrances. Property is an ideal opportunity for an owner-user or investor seeking immediate rental upside. The upper level consists of two bright and airy 2-bedroom, 1-bath units rented at $1,724 & $1,641. Recent extensive capital improvements of over $100,000, including upgraded electrical panels, plumbing , exterior paint, concrete work, new fencing, and a complete renovation of the owner's unit with high-end finishes. Situated on a large lot with generous rear yard space, the property offers potential for ADU development to further increase income (buyer to verify). Conveniently located near shopping, dining, schools, parks, freeway access and new Waterfront Development.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$83,580
Operating Expense
22379

Listing courtesy of Listing Agent: Olga Wright (olga@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.