Sold
Closed
469 W Oliver Street
San Pedro CA, 90731
$2,150,000
$283.94 per sqft
Sold
Closed
7,572 sqft
Condos
Built in 1980
Listed by Josh Cohen with Keller Williams South Bay 310-480-2130
We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.
SB24177028
MLSⓇ ID
August 26, 2024
Listed
December 6, 2024
Updated
Map
469 W Oliver Street
San Pedro CA, 90731
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.22 Acres
Lot Features
Street Level
Sewer
Public Sewer
Other Property Details
Area Name
189 - Barton Hill
Days on Market
14
Garage
Yes
Garage Spaces
6
Parking Total
9
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR2
Listing History
Date | Event | Price |
|---|---|---|
12/6/2024 | Sold | $2,150,000 |
9/9/2024 | Pending | — |
Listing Contact: 310-375-3511
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/6/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/6/2024 at 11:40 PM UTC