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    1185 W 10th Street

    San Pedro, CA 90731
    • $1,410,000
    • STATUS: SOLD
    • ON SITE: 42 Days
    • ID#: SB21204294
    Sold - 10/25/2021
    $1,410,000
    SOLD - 10/25/2021
    • 6
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Welcome to this absolutely gorgeous, remodeled Triplex in the heart of the highly coveted Vista Del Oro neighborhood. An extremely rare and amazing opportunity, this property offers a spacious top level 3 Bd/1Bth Owners Unit with 2 units below that could potentially bring in over $7,000/month combined in rents!! The top floor carries tons of natural light, an open floor plan and a private balcony overlooking tree-lined streets. Sure to be the bread winner of the bunch with rents targeting close to $3k/month. 2 fully remodeled units below (2Bd/1Bth & 1Bd/1Bth) that will easily fetch top market value as well. Empty and ready for new tenants, no expense was spared with new flooring, paint, kitchens, bathrooms, electrical, copper plumbing, HVAC systems and tankless water heaters. In addition, there are all new appliances throughout the building as well as a massive, fully re-done 3-car garage. You won't find this scenario anywhere else that gives so much flexibility to the owner for interpretive use/assignment amongst all 3 units. Not to mention, a large utility basement space to install an income producing washer/dryer for your tenants to share and an extra separate bonus space that could be a rent addition to any unit as a hobby shop, home office, game room or even finished into a separate studio. Absolutely endless potential, immediate cash-flow and long-term investment security here in the most desirable neighborhood in San Pedro. Close to schools, shops, restaurants, Averill park and a convenient quick jump to freeways and the waterfront. Welcome to this absolutely gorgeous, remodeled Triplex in the heart of the highly coveted Vista Del Oro neighborhood. An extremely rare and amazing opportunity, this property offers a spacious top level 3 Bd/1Bth Owners Unit with 2 units below that could potentially bring in over $7,000/month combined in rents!! The top floor carries tons of natural light, an open floor plan and a private balcony overlooking tree-lined streets. Sure to be the bread winner of the bunch with rents targeting close to $3k/month. 2 fully remodeled units below (2Bd/1Bth & 1Bd/1Bth) that will easily fetch top market value as well. Empty and ready for new tenants, no expense was spared with new flooring, paint, kitchens, bathrooms, electrical, copper plumbing, HVAC systems and tankless water heaters. In addition, there are all new appliances throughout the building as well as a massive, fully re-done 3-car garage. You won't find this scenario anywhere else that gives so much flexibility to the owner for interpretive use/assignment amongst all 3 units. Not to mention, a large utility basement space to install an income producing washer/dryer for your tenants to share and an extra separate bonus space that could be a rent addition to any unit as a hobby shop, home office, game room or even finished into a separate studio. Absolutely endless potential, immediate cash-flow and long-term investment security here in the most desirable neighborhood in San Pedro. Close to schools, shops, restaurants, Averill park and a convenient quick jump to freeways and the waterfront.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.solisteamrealty.com/homes/121473499
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    1185 W 10th Street San Pedro, CA 90731

    • Price: $1,299,000
    • Status: SOLD
    • Updated: 33 min ago
    • ID#: SB21204294
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    San Pedro (90731)
    County:
    Los Angeles
    Area:
    San Pedro (90731)
    Property Description
    Welcome to this absolutely gorgeous, remodeled Triplex in the heart of the highly coveted Vista Del Oro neighborhood. An extremely rare and amazing opportunity, this property offers a spacious top level 3 Bd/1Bth Owners Unit with 2 units below that could potentially bring in over $7,000/month combined in rents!! The top floor carries tons of natural light, an open floor plan and a private balcony overlooking tree-lined streets. Sure to be the bread winner of the bunch with rents targeting close to $3k/month. 2 fully remodeled units below (2Bd/1Bth & 1Bd/1Bth) that will easily fetch top market value as well. Empty and ready for new tenants, no expense was spared with new flooring, paint, kitchens, bathrooms, electrical, copper plumbing, HVAC systems and tankless water heaters. In addition, there are all new appliances throughout the building as well as a massive, fully re-done 3-car garage. You won't find this scenario anywhere else that gives so much flexibility to the owner for interpretive use/assignment amongst all 3 units. Not to mention, a large utility basement space to install an income producing washer/dryer for your tenants to share and an extra separate bonus space that could be a rent addition to any unit as a hobby shop, home office, game room or even finished into a separate studio. Absolutely endless potential, immediate cash-flow and long-term investment security here in the most desirable neighborhood in San Pedro. Close to schools, shops, restaurants, Averill park and a convenient quick jump to freeways and the waterfront. Welcome to this absolutely gorgeous, remodeled Triplex in the heart of the highly coveted Vista Del Oro neighborhood. An extremely rare and amazing opportunity, this property offers a spacious top level 3 Bd/1Bth Owners Unit with 2 units below that could potentially bring in over $7,000/month combined in rents!! The top floor carries tons of natural light, an open floor plan and a private balcony overlooking tree-lined streets. Sure to be the bread winner of the bunch with rents targeting close to $3k/month. 2 fully remodeled units below (2Bd/1Bth & 1Bd/1Bth) that will easily fetch top market value as well. Empty and ready for new tenants, no expense was spared with new flooring, paint, kitchens, bathrooms, electrical, copper plumbing, HVAC systems and tankless water heaters. In addition, there are all new appliances throughout the building as well as a massive, fully re-done 3-car garage. You won't find this scenario anywhere else that gives so much flexibility to the owner for interpretive use/assignment amongst all 3 units. Not to mention, a large utility basement space to install an income producing washer/dryer for your tenants to share and an extra separate bonus space that could be a rent addition to any unit as a hobby shop, home office, game room or even finished into a separate studio. Absolutely endless potential, immediate cash-flow and long-term investment security here in the most desirable neighborhood in San Pedro. Close to schools, shops, restaurants, Averill park and a convenient quick jump to freeways and the waterfront.
    Exterior Features

    Pool N/K Site Sidewalks

    Interior Features

    Cooling Central Forced Air Heat Equipment Forced Air Unit Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type Tankless

    Property Features

    Actual Cap Rate 4.6 Annual Expense Actual 25000 Assessments N/K Buildings 1 Cfd Mello Roos Fee 422.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.5 Gross Scheduled Income Actual 84000 Home Owners Fees 0.0 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Zoning Public Rec

    Listing provided courtesy of Compass. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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