Description

** PRICE IMPROVEMENT - Seller is MOTIVATED ** Competitively priced to get attention from INVESTORS who are serious about adding a stable income property to their portfolio. This well maintained Fourplex in the heart of bustling San Pedro, CA is a solid investment property that offers a 4.1 CAP Rate and a 16.01 GRM with plenty of upside potential. Three Units are the popular Townhouse style floorplan with the Kitchen, Living Room, 1/2 Bathroom and a Pivate Backyard Patio downstairs - 2 Bedrooms and full Bathroom upstairs. The fourth Unit is a one level 2 Bedroom/1 Bathroom Unit that sits above the Garages in the back. Each unit comes equipped with their own Laundry Hookups and are each metered separately for gas and electricity for optimum return on your investment. If you're not familiar with San Pedro, now is the time to take look at this hidden Coastal Gem in the South Bay. Close proximity to shopping, restaurants, freeway access, Cabrillo Beach, Battleship USS Iowa Museum, AltaSea and the West Harbor Development in the Port of LA - a vibrant waterfront destination for dining, shopping, entertainment and waterside experiences in the Port of LA.