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    1137 W 9Th St

    San Pedro, CA 90731
    • $899,000
    • STATUS: Active Under Contract
    • ON SITE: 58 days
    • ID#: 21-676168
    Under Contract
    UPDATED: 71 min ago
    $899,000
    • 6
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,215
      SQFT
    • $280
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    We are pleased to present 1137 West 9th Street, a 3-unit investment property in San Pedro, California. The property is located between Walker Avenue and Leland Street just blocks from Providence Little Company of Mary San Pedro. This area is a solid majority-renter market with low vacancy rates. 1137 West 9th Street consists of a 2 bedroom 1 bathroom house + an office in the front. This structure was built in the 1920's and has been fully renovated as of recently. In the rear is a 1970's bullt structure which includes a 3 bedroom 2 bathroom unit and a 1 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers a 2 car garage and additional surface parking onsite. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-05T22:42:26.973. 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.corrieluxuryhomes.com/homes/113027886
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    1137 W 9Th St San Pedro, CA 90731

    • Price: $899,000
    • Status: Active Under Contract
    • Updated: 71 min ago
    • ID#: 21-676168
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,215
    SQFT
    $280
    $/SQFT
    1922
    Built
    Neighborhood:
    Vista Del Oro
    County:
    Los Angeles
    Area:
    Vista Del Oro
    Property Description
    We are pleased to present 1137 West 9th Street, a 3-unit investment property in San Pedro, California. The property is located between Walker Avenue and Leland Street just blocks from Providence Little Company of Mary San Pedro. This area is a solid majority-renter market with low vacancy rates. 1137 West 9th Street consists of a 2 bedroom 1 bathroom house + an office in the front. This structure was built in the 1920's and has been fully renovated as of recently. In the rear is a 1970's bullt structure which includes a 3 bedroom 2 bathroom unit and a 1 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers a 2 car garage and additional surface parking onsite. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents.
    Exterior Features

    Lot Size Area 5765 Other Structures None Parking Garage Garage - 2 Car Total Parking 0

    Interior Features

    Baths Total 4.00 Cooling None Equipment None Heating Central

    Property Features

    Assessed Total Value 790000 Gross Income 0 Gross Operating Income 62530 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 40495.00 Number Of Buildings 2 Number Of Units 3 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 22035 Type Of Units House + 2-U Year Built Source Vendor Enhanced 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 2021-03-05T22:42:26.973. 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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