824 W Sepulveda Street

  • San Pedro

  • $875,000
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Residential Income Details

Description
824 West Sepulveda Street is a four-unit apartment building in San Pedro, California. The property is located west of Gaffey Street, east of Meyler Street, and backs up to Bandini Canyon Park. This area is a majority-renter market with convenient access to the 110 Freeway. Thanks to a massive effort to revitalize LA’s waterfront, San Pedro is undergoing rapid redevelopment, with over $1 Billion invested in current public and private projects. 824 West Sepulveda Street consists of one building with four two-bedroom/one-bath units that have washer/dryer hookups and are separately metered for gas and electricity. The property also offers eight parking spaces (four tandem spaces) in front of the building. As a 1959 construction, this building is subject to rent control. With current rents substantially below market, 824 West Sepulveda Street presents an astute investor with the opportunity to add value and capture potential upside.
Essential
MLS #PW18224669
Price$875,000
Number of Units4
Sale TypeStandard
StatusActive
Listing BrokerageSteven M. Bogoyevac, Broker
Listing AgentSteven Bogoyevac
Listing Agent BRE #01332755
Co-Listing BrokerageMarcus & Millichap
Co-Listing AgentDavid O'Keefe
Co-Listing Agent BRE #01928739
Interior
Exterior
Garage Spaces0
PoolNone
Community
Area187 - Holy Trinity
CommunityUrban
Address824 W Sepulveda Street
CitySan Pedro
CountyLos Angeles
StateCA
ZipCode90731
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, September 13, 2018. 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, 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.