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464 W 17th St San Pedro, CA 90731
4,996 Sqft Lot
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26148406
HOA Y/N No
Year Built 1965
Lot Size 4,996 Sqft
Property Sub-Type Quadruplex
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.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Paved
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7456023017
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Olga Wright Lyon Stahl Investment Real Estate, Inc. 310-801-7373, DRE #01315042
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