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    1835 S Grand Avenue

    San Pedro, CA 90731
    • $2,050,000
    • STATUS: CONTINGENT
    • ON SITE: 35 days
    • ID#: 302983710
    Under Contract
    UPDATED: 24 min ago
    $2,050,000
    • 8
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner building, is fully rented with long-term tenants at below market rates, with lots of room to grow. Each unit has its own laundry room with washer and dryer hookups, and each building has two 2-car garages, shared by tenants with one garage space for each. Each building has one water heater for 4 units. These units are conveniently located close to the Port's new waterfront development, convenient to downtown San Pedro, parks, beaches, public transportation and the 110 Freeway. These two parcels offer great upside potential for significantly increased future rents. Offered subject to inspection... Drive by only... please do not walk through or bother current tenants. One unit is currently being prepared to rent, and may be available to preview soon, by appointment.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/112669745
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    1835 S Grand Avenue San Pedro, CA 90731

    • Price: $2,050,000
    • Status: CONTINGENT
    • Updated: 24 min ago
    • ID#: 302983710
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    Neighborhood:
    San Pedro (90731)
    County:
    Los Angeles
    Area:
    San Pedro (90731)
    Property Description
    Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner building, is fully rented with long-term tenants at below market rates, with lots of room to grow. Each unit has its own laundry room with washer and dryer hookups, and each building has two 2-car garages, shared by tenants with one garage space for each. Each building has one water heater for 4 units. These units are conveniently located close to the Port's new waterfront development, convenient to downtown San Pedro, parks, beaches, public transportation and the 110 Freeway. These two parcels offer great upside potential for significantly increased future rents. Offered subject to inspection... Drive by only... please do not walk through or bother current tenants. One unit is currently being prepared to rent, and may be available to preview soon, by appointment.
    Exterior Features

    Pool N/K Site Corner LotCurbsSidewalks Spa N/K Topography Level Units With Patios 2

    Interior Features

    Cooling N/K Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Cooling 0 Units With Range Oven 8 Units With Refrigerators 0 Units With Washers 0

    Property Features

    Annual Expense Actual 44125 Buildings 2 Gross Scheduled Income Actual 127968 Possession Close Of Escrow Tenant Pays TrashElectricityGas/Propane Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1800.0 Unit2 Rent Actual 1800.0 Unit3 Rent Actual 1193.0 Unit4 Rent Actual 1161.0 Zoning Assessor

    Listing provided courtesy of Land's End Properties. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130