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730 5th Street, San Pedro, CA 90731

2 Bed, 1 Bath Multi-Family Home For Sale

730 5th Street, San Pedro, CA 90731 House For Sale - MLS #19463312
Off the Market
$1,149,000
2
1
Multi-Family
4 Family
This listing is courtesy of Brice Head from Marcus & Millichap.

Property Description for 730 5th Street, San Pedro, CA 90731

Opportunity Zone investment opportunity!This 4 unit property affords an investor immediate income with upside, as well. The property was originally built in the 20's but was "taken down to the studs" and rebuilt in 1980 (Buyer to verify). The building is fully-secured with controlled access through the front gate. The units are large and the hilltop location means the tenants enjoy Harbor views! The building was tented recently and section 1 termite clearance work was completed. Additionally, the units have washer/dryer hookups.Also, the property's rental income is largely guaranteed every month. All units are Section 8, which means the income comes early every month without fail. Even better, all units are eligible for an increase - the allowable "city of LA" increase for 2019-2020 is 4%.

Interior Details

4,194 sq. ft.
$273.96/sq. ft.

Exterior Details

0.12 acres
5,028 sq. ft.
7

Other Details

19463312
1920

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $6,044     

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Monthly Mortgage Payments

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$7,269

Town Description

The district is situated in a Mediterranean climate zone (Köppen climate classification), experiencing mild, wet winters and warm to hot summers. Breezes from the Pacific Ocean tend to keep the beach...

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