469 W Oliver Street

San Pedro, CA 90731

$2,300,000

List Price

N/A

bed Beds

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shower Baths

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straighten / sqft

1980

calendar_month Built

Property Description

We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.

Listing Information

List Price $2,300,000
Status Active
MLS SB24177028
Type Residential Income
Subtype Apartment
Year Built 1980
Lot Size 9,377
Structure Size N/A
Courtesy Of Keller Williams South Bay
Listing Agent Josh Cohen DRE#01346713

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Josh Cohen, Keller Williams South Bay . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 26th, 2024 at 10:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.