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    1020 W 13Th St

    San Pedro, CA 90731
    • $1,625,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 21-691790
    UPDATED: 66 min ago
    $1,625,000
    • 10
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,870
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    Description

    We are pleased to present 1020 West 13th Street, a value add 5-unit investment property in San Pedro, California. The property is located between Leland and Alma Streets. This area is a solid majority-renter market with low vacancy rates.1020 West 13th Street consists of five 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five garage spaces. Current ownership has renovated one of the five units and leased the unit at $2,195. This presents an opportunity for a new owner to come in and continue to create vacancy and raise rents. The property demands top of market rents due to its floorplans, location, and private parking garages. Quiet Vista Del Oro Neighborhood and LARGE units with great natural light.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T16:42:43.42. 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.
    www.brandiprattrealestate.com/homes/114142309
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    1020 W 13Th St San Pedro, CA 90731

    • Price: $1,625,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 21-691790
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,870
    SQFT
    $334
    $/SQFT
    1969
    Built
    Neighborhood:
    Vista Del Oro
    County:
    Los Angeles
    Area:
    Vista Del Oro
    Property Description
    We are pleased to present 1020 West 13th Street, a value add 5-unit investment property in San Pedro, California. The property is located between Leland and Alma Streets. This area is a solid majority-renter market with low vacancy rates.1020 West 13th Street consists of five 2 bedroom 1 bathroom units. All of the units are separately metered for gas and electricity. The property also offers five garage spaces. Current ownership has renovated one of the five units and leased the unit at $2,195. This presents an opportunity for a new owner to come in and continue to create vacancy and raise rents. The property demands top of market rents due to its floorplans, location, and private parking garages. Quiet Vista Del Oro Neighborhood and LARGE units with great natural light.
    Exterior Features

    Lot Size Area 6079 Other Structures None Parking Garage Private Garage Total Parking 0

    Interior Features

    Baths Total 5.00 Cooling None Equipment None Heating Central

    Property Features

    Gross Income 94728 Gross Operating Income 94728 Like Units1 5 Net Operating Income 58610.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 36117 Type Of Units Multifamily Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Jonathan Weir DRE#02038545 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T16:42:43.42. 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.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583