San Pedro, CA 90731,551 W Macarthur AVE
$1,035,000
$950,000
8.9%
Est.Price: ?

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4,800 Sqft Lot

551 W Macarthur AVE San Pedro, CA 90731

Est. payment /mo
SOLD DATE : 02/25/2022

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Key Details

Sold Price $1,035,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21270582

Sold Date 02/25/22

HOA Y/N No

Year Built 1981

Lot Size 4,800 Sqft

Property Description

EXCELLENT INVESTMENT OPPORTUNITY. Built in 1981 - not under City of LA Rent Control Ordinance, but under California Rent Control. Rents are well below rents of like units in area so this property has a great deal of potential.

These 4 units are located in beach city of San Pedro. 2 Townhome Style units with 2 bedroom 2 bath (Unit A and Unit B), plus 2 One-Level units with 2 bedrooms each (Unit C has 1 bath and Unit D has 2 bath). Each unit has 2 off-street covered parking spaces. Common laundry room with Washer and Dryer. All units have Central Air. This property only minutes away from the New Water Front Market under development, shopping, dining, beaches, cruise terminal and parks.

Location

State CA

County Los Angeles

Area 189 - Barton Hill

Zoning LAR1

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Laundry Common Area

Exterior

Parking Features Detached Carport

Carport Spaces 4

Fence Block

Pool None

Community Features Curbs, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat,Rolled/Hot Mop

Total Parking Spaces 8

Private Pool No

Building

Lot Description Gentle Sloping

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7448021008

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Financing Cash to New Loan

Special Listing Condition Trust

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CRMLS – RECore
Listed by George Leonard Century 21 Union Realty
Bought with Gary Krill Compass

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agent

JT Contrestano

Broker Associate | License ID: 01920263

+1(559) 360-2931

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