An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential.
Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.
Sold for $1,325,000
Listed by: TR Wealth Management Inc. • William Mulkey • Contact: 310-919-7554
Bought with: Fred DiBernardo
$1,325,000
1020 W 13th St, San Pedro, CA 90731
10beds
5baths
4,870sqft
Multi Family
Built in 1969
-- sqft lot
$1,268,000 Zestimate®
$272/sqft
$2,361 Estimated rent
Home value
$1,268,000
$1.18M - $1.38M
$2,361/mo
Zestimate® history
Owner options
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$2,361/mo
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$2,361/mo
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$8,539/mo
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$8,539/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
William Mulkey DRE #00986020 310-919-7554,
TR Wealth Management Inc.
Bought with:
Fred DiBernardo, DRE #00573495
Fred DiBernardo
Source: CRMLS,MLS#: SB24170494
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Laundry Room
Features
- Balcony, Ceiling Fan(s), Ceramic Counters, Recessed Lighting, Unfurnished
- Doors: Mirrored Closet Door(s), Sliding Doors
- Windows: Blinds, Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,870
- Total interior livable area: 4,870 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Concrete, Driveway Level, Driveway, Garage, Garage Door Opener, On Site, Garage Faces Side
- Garage spaces: 4
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Harbor, Ocean, Peek-A-Boo
- Has water view: Yes
- Water view: Harbor,Ocean
Lot
- Size: 6,079 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7458017019
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Community
- Features: Gutter(s), Sidewalks, Urban
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: San Pedro
Financial & listing details
- Price per square foot: $272/sqft
- Date on market: 8/18/2024
- Cumulative days on market: 12 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 10812
- Tenant pays: Electricity, Gas
- Road surface type: Alley Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $1,325,000-10.2%$272/sqft |
Source:  CRMLS #SB24170494 Report a problem | ||
| 8/31/2024 | Contingent | $1,475,000$303/sqft |
Source: CRMLS #SB24170494 Report a problem | ||
| 8/19/2024 | Listed for sale | $1,475,000-7.8%$303/sqft |
Source: CRMLS #SB24170494 Report a problem | ||
| 8/10/2021 | Sold | $1,600,000$329/sqft |
Source:  CLAW #21691790 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: San Pedro
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Nearby schools
GreatSchools rating
- 9/10Seventh Street Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Richard Henry Dana Middle SchoolGrades: 6-8Distance: 0.3 mi
- 7/10San Pedro Senior High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$1,268,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,268,000
- California
- Los Angeles County
- Los Angeles
- 90731
- San Pedro
- 1020 W 13th St
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