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    522 N Centre St

    San Pedro, CA 90731
    • $1,115,000
    • STATUS: Active Under Contract
    • ON SITE: 32 days
    • ID#: 21-730100
    Under Contract
    UPDATED: 17 min ago
    $1,115,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $223
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    We are pleased to present 522 South Centre Street, a 6-unit investment property in San Pedro, California. The property is located between Amar and Oliver Streets just just blocks from the110 Freeway. This area is a solid majority-renter market with low vacancy rates. 522 South Centre Street consists of six 1 bedroom 1 bathroom units, two of which have a sun room. All of the units are separately metered for gas and electricity. 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. PROPERTY HIGHLIGHTS: Low Price Per Foot ($233), All Units have W/D Hookups, Strong In-Place Income With Upside, and Up and Coming San Pedro Market

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-13T06:43:09.893. 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/117002148
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    522 N Centre St San Pedro, CA 90731

    • Price: $1,115,000
    • Status: Active Under Contract
    • Updated: 17 min ago
    • ID#: 21-730100
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,000
    SQFT
    $223
    $/SQFT
    1924
    Built
    Neighborhood:
    Barton Hill
    County:
    Los Angeles
    Area:
    Barton Hill
    Property Description
    We are pleased to present 522 South Centre Street, a 6-unit investment property in San Pedro, California. The property is located between Amar and Oliver Streets just just blocks from the110 Freeway. This area is a solid majority-renter market with low vacancy rates. 522 South Centre Street consists of six 1 bedroom 1 bathroom units, two of which have a sun room. All of the units are separately metered for gas and electricity. 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. PROPERTY HIGHLIGHTS: Low Price Per Foot ($233), All Units have W/D Hookups, Strong In-Place Income With Upside, and Up and Coming San Pedro Market
    Exterior Features

    Lot Size Area 5001 Other Structures None Parking Garage None Total Parking 0

    Interior Features

    Baths Total 6.00 Common Walls Attached Cooling None Equipment None Heating None

    Property Features

    Assessed Total Value 410525 Gross Income 119880 Gross Operating Income 89337 Like Units1 6 Net Operating Income 54552.00 Number Of Buildings 2 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 34785 Type Of Units Apartments Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Jonathan Weir DRE#02038545 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-13T06:43:09.893. 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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