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Sold for $2,150,000
  • Listed by: Keller Williams Realty • Josh Cohen • Contact: 310-480-2130
    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $2,150,000

    469 W Oliver St, San Pedro, CA 90731

    21beds
    13baths
    7,572sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $1,961,500 Zestimate®
    $284/sqft
    $3,617 Estimated rent

    Home value

    $1,961,500

    $1.77M - $2.18M

    $3,617/mo

    Zestimate® history
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    $3,617/mo

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    $13,791/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Cohen DRE #01346713 310-480-2130,

    Keller Williams Realty

    Bought with:

    Cameron Samimi, DRE #02035763

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB24177028MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 13
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,572
    • Total interior livable area: 7,572 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 9,377 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 7449010030
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: San Pedro

    Financial & listing details

    • Price per square foot: $284/sqft
    • Date on market: 8/26/2024
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    12/6/2024Sold$2,150,000-6.5%$284/sqft
    Source: CRMLS #SB24177028 Report a problem
    9/9/2024Pending sale$2,300,000$304/sqft
    Source: CRMLS #SB24177028 Report a problem
    8/26/2024Listed for sale$2,300,000$304/sqft
    Source: CRMLS #SB24177028 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: San Pedro

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $1,961,500
    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
    $1,961,500