1081 W 19Th Street

San Pedro, CA 90731

PRICE REDUCED

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-$100,999 (-6.73%)

$1,399,000

List Price

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bed Beds

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1980

calendar_month Built

Property Description

LARGE RECENT PRICE REDUCTION. BUILDING HAS JUST RECEIVED OVER $1300.00 IN MONTHLY RENT INCREASE DURING THE LAST WEEK. 3 BEDROOM UNIT IS NOW RENTED AT $2800.00 1 BEDROOM UNIT IS NOW AVAILABLE FOR RENT AT MARKET RENT. Located in the heart of the Vista Del Oro neighborhood of San Pedro is a excellent investment opportunity at 1081 W 19th St. Built in 1980 this property is NOT subject to Los Angeles City Rent Stabilization. This is a 4-Unit multi-family property with a great mix of units containing one 3 bedroom and 2 bath, two 2 bedroom and 2 bath units, and one 1 bedroom and 1 bath unit. In addition the 3 bedroom unit has washer and dryer hook ups and will be vacant on October 1st. A great chance for either an owner-user or an investor to maximize rent. Additionally, the property has a recreation / storage room which has the potential to be converted to an auxiliary dwelling unit (ADU) to continue to maximize the building's cash flow. 1081 W 19th St provides 3 units with an enclosed garage and a carport space for the remaining unit. This property is situated on 19th Street which provides the front and rear upper units with extraordinary views of the ocean and harbor. This is truly a pride of ownership property and has been well cared for over the years. The location of this building is only minutes from the huge redevelopment of the waterfront, West Harbor, slated to bring in several new restaurants and entertainment opportunities to San Pedro. In addition, this property is minutes from Cabrillo Beach, Angels Gate Park, shopping centers and more. Don't miss out on this incredible opportunity to own a exceptional piece of San Pedro real estate.

Listing Information

List Price $1,399,000
Status Active
MLS SB24195372
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1980
Lot Size 5,001
Structure Size N/A
DOM 66
Courtesy Of DiBernardo Realty
Listing Agent Tyler DiBernardo DRE#02041856
Co-Listing Agent Fred DiBernardo DRE#00573495

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Vinyl
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Tyler DiBernardo, Fred DiBernardo, DiBernardo Realty 310-872-4572. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 26th, 2024 at 2:25 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.