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469 W Oliver Street
San Pedro CA 90731 US

$2,300,000

Active Under Contract Listing ID SB24177028
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5 bed
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3.00 Bath (3 Full)
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Lot: 9,377.00 Square Feet
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Apartment

$2,300,000

Active Under Contract Listing ID SB24177028
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469 W Oliver Street 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.

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Property Features

  • Facts
  • Lot Size: 9,377.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 3
  • Exterior Finish: Community Features Included: Curbs, Level With Street

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2300000
  • unparsedaddress: 469 W Oliver Street
  • postalcity: San Pedro
  • stateorprovince: CA
  • country: US
  • postalcode: 90731
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.215266299357208
  • lotsizeunits: Square Feet
  • lotsizearea: 9377
  • livingarea: 7572
  • livingareaunits: Square Feet
  • listagentfullname: Josh Cohen
  • listagentemail: josh@cohengroupla.com
  • listagentkey: 3yd-MRMLSCA-SCOHEJOS
  • listagentmlsid: SCOHEJOS
  • listagentpreferredphone: 5628431017
  • listagentofficephone: 5628431017
  • listofficekey: 3yd-MRMLSCA-S6669
  • listagentstatelicense: 01346713
  • listofficemlsid: S6669
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1980
  • listingcontractdate: 2024-08-26
  • listagenturl: http://cohengroupla.com
  • countyorparish: Los Angeles
  • parcelnumber: 7449010030
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 9
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Community Features Included: Curbs, Level With Street
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"simoncazares@kw.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"piatt@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/a6b3ed71ca7911e38cd722000b058362/20181012232049765.png", "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"(562) 843-1017", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"23670 Hawthorne Blvd", "ListBrokerageWebsiteUrl":"http://southbay.yourkwoffice.com/home", "ListOfficeAddress1":"23670 Hawthorne Blvd., #100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PCAZASIM", "ListOfficeCity":"Torrance", "ListOfficeCountry":"US", "ListOfficeEmail":"simoncazares@aol.com", "ListOfficePostalCode":"90505", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - San Pedro, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/469-W-Oliver-St_San-Pedro_CA_90731_M15819-05984?f=listhub&s=MRMLSCA&m=SB24177028&c=rexren", "MLSModificationTimestamp":"2024-09-09T08:09:51Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/10/2024 1:50:10 PM GMT
Source Updated Date: 9/20/2024 6:48:24 AM GMT

Courtesy of: Josh Cohen, Keller Williams South Bay, josh@cohengroupla.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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