521 W 16th

San Pedro, CA 90731
  • $950,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 1,985

    SqFt

About the Listing F0032200 - SR207075434

Don't miss this exceptional opportunity to own an income-producing fourplex located just half miles from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities. The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups. Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income. This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies). Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment. Please read agent remarks for showing.

Listing Highlights

Status Active
Days on Site 31
Property Type Multi-Family
MLS ® SR26164033
Year Built 1922
Total Square Footage 1,985
Lot/Acreage 0.1

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Wall Furnace
  • Fireplaces:
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Level,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Shingle
  • Others: Updated/Remodeled,2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7454033012
  • Tax Year: N/A

Payment Calculator

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Questions About..

521 W 16th San Pedro, CA 90731

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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