San Pedro, CA 90731,604 W 9th ST
San Pedro, CA 90731,604 W 9th ST
San Pedro, CA 90731,604 W 9th ST
13
$1,100,000
$1,125,000
2.2%
Est.Price: ?

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4,726 Sqft Lot

604 W 9th ST San Pedro, CA 90731

Est. payment /mo
SOLD DATE : 02/23/2024

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Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23186367

Sold Date 02/23/24

HOA Y/N No

Year Built 1919

Lot Size 4,726 Sqft

Property Description

***Huge Price Drop - Robust Cash Flow!!***

Situated in a prime location, this 4-unit property is the perfect blend of comfort and lucrative investment potential. The property features a spacious 3-bedroom, 1-bath unit, complemented by three 2-bedroom, 1-bath units. Key improvements have been made, including updated electrical panels in 2020 and new windows installed three years prior. All units are equipped with washer/dryer hookups, have a reinforced foundation, and feature spacious living areas. An added perk is the front yard for the front tenants.

Enjoy the benefits of prime walkability! This location is conveniently close to local shopping and eateries.

A significant advantage of this property is its proximity, a mere 4 miles, to the anticipated West Harbor's 42-acre development. Slated for completion in 2025, this ambitious project will comprise a diverse mix of restaurants, retail establishments, offices, and a picturesque waterfront promenade accentuated with an amphitheater. Backed by a $53.7 million budget, the city's plan includes a sprawling 30-foot promenade, an animated town square, state-of-the-art restrooms, contemporary docks, and meticulous landscaping. Major financial commitments from The Ratkovich Company and Jerico Development, amounting to $160 million, power this vision. The project's inception was marked with a groundbreaking ceremony on November 12, 2022. For a deeper dive into the harbor expansion details, visit www.lawaterfront.org/invest/current-port-projects.

Location

State CA

County Los Angeles

Area 185 - Plaza

Zoning LAC2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Range

Laundry Inside

Exterior

Garage On Street

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7454005034

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing FHA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Joey Bommarito • Keller Williams Realty • 323-873-3789
Bought with Harold Noriega • Compass

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Karen Anderson

Broker Associate | License ID: 01224307

+1(310) 251-2883

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