Residential Income Details
Amazing opportunity to own upgraded and extremely well-maintained income property comprised of two separate buildings in charming San Pedro neighborhood. 1085-1099 22nd St built in 1929 is an Art Deco style six unit apt building carefully remodeled in 2011 with detailed attention to enhance and preserve its original style. It contains 4- 1bd 1b, 1- 2bd 1b, and 1- 2bd 2 b. It contains a large maintenance room with plumbing. The remodel included all new copper plumbing, drain lines, roof, double pane windows, wall heaters, carpet, electrical, internally wired for cable and phone lines and a fire sprinkler system. The bathroom and kitchen tile on the floors and counters was beautifully replaced in the original art deco style. The building located at 2214 S Leland St was built in 1963 and contains eight units, 2- 1bd 1b, 5- 2bd 1b and 1- 3bd 2b two-story unit. The building wraps around a center courtyard which was re-poured in 2013 with cement and river rock. A new roof was just installed in 2018. Several units have been updated with new carpet, new tile counters and flooring in kitchens. In 2011, new copper plumbing and drain lines were also installed. The courtyard bldg contains a potential laundry rm plumbed with gas/water for two w/d and five, two-car garages. Both bldgs are individually metered for gas and electric. Significant upside potential to current rents in compliance with L.A Rent Stabilization Ordinance. Near stores, parks, beach, 110 Frwy and Ports O Call
|Number of Units||14|
|Listing Brokerage||The Realestate Group|
|Listing Agent||Dina Dreizler|
|Listing Agent BRE #||01989750|
Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, October 10, 2018.
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