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Pinnacle Realty Advisors

support@pinnaclera.com +1(972) 338-5441

Listed by Shane Young • Younglewin Advisors, Inc.

$ 1,275,000

Est. payment -/mo

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Active

1260 W 9th San Pedro, CA 90731

6,751 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25225982

Style Spanish

Year Built 1928

Lot Size 6,751 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

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 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

Location

State CA

County Los Angeles

Area 183 - Vista Del Oro

Rooms

Kitchen Garbage Disposal, Hood Over Range, Microwave, Other, Oven Range - Built-In, Refrigerator, Oven - Gas

Interior

Cooling Other

Laundry Gas Hookup, 30, Washer, Dryer

Exterior

Parking Features Garage, Uncovered Parking

Garage Spaces 8.0

Pool 31, None

View Bridge , Hills, Marina, Local/Neighborhood, Ocean, 30, Water, City Lights

Building

Lot Description Grade - Level

Foundation Raised

Water Hot Water, District - Public

Architectural Style Spanish

Others

Tax ID 7459022009

Special Listing Condition Not Applicable