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    1137 W 9Th Street

    San Pedro, CA 90731
    • $899,000
    • STATUS: Active Under Contract
    • ON SITE: 50 days
    • ID#: 21676168
    Under Contract
    UPDATED: 62 min ago
    $899,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,215
      SQFT
    • $280
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    We are pleased to present 1137 West 9th Street, a 3-unit investment property in San Pedro, California. The property is located between Walker Avenue and Leland Street just blocks from Providence Little Company of Mary San Pedro. This area is a solid majority-renter market with low vacancy rates. 1137 West 9th Street consists of a 2 bedroom 1 bathroom house + an office in the front. This structure was built in the 1920's and has been fully renovated as of recently. In the rear is a 1970's bullt structure which includes a 3 bedroom 2 bathroom unit and a 1 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers a 2 car garage and additional surface parking onsite. 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-25T18:30:46.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jessica Foote & Associates. Licensed in the State of California, USA.

    www.teamfooterealestate.com/homes/113027537
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    1137 W 9Th Street San Pedro, CA 90731

    • Price: $899,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: 21676168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,215
    SQFT
    $280
    $/SQFT
    1922
    Built
    Neighborhood:
    183 - Vista Del Oro
    County:
    Los Angeles
    Area:
    183 - Vista Del Oro
    Property Description
    We are pleased to present 1137 West 9th Street, a 3-unit investment property in San Pedro, California. The property is located between Walker Avenue and Leland Street just blocks from Providence Little Company of Mary San Pedro. This area is a solid majority-renter market with low vacancy rates. 1137 West 9th Street consists of a 2 bedroom 1 bathroom house + an office in the front. This structure was built in the 1920's and has been fully renovated as of recently. In the rear is a 1970's bullt structure which includes a 3 bedroom 2 bathroom unit and a 1 bedroom 1 bathroom unit. All of the units are separately metered for gas and electricity. The property also offers a 2 car garage and additional surface parking onsite. 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.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Heating Central Heating YN Yes

    Property Features

    Country Us Gross Income 0.00 Gross Multiplier 13.95 Gross Operating Income 62530.00 Net Operating Income 40495.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 22035.00 Zoning Lard1.5

    Listing provided courtesy of Jonathan Weir of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-02-25T18:30:46.3. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Jessica Foote & Associates. Licensed in the State of California, USA.

     
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    Jessica Foote & Associates
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    Murrieta CA, 92563