This Multifamily Property is no longer advertised on LoopNet.com.

1350 W 9th St
San Pedro, CA 90732
1350 W. 9th Street San Pedro, Ca. 90732 · Multifamily Property For Sale · 15 Units

Property Facts

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 12,070 SF
Average Occupancy 100%
No. Stories 2
Year Built 1973
Parking Ratio 2.07/1,000 SF
Zoning RD1.5 - restricted Density Multiple Dwelling

About 1350 W 9TH ST , SAN PEDRO, CA 90732

RARE RESIDENTIAL INCOME INVESTMENT OPPORTUNITY. EXTRA LARGE, PRIDE OF OWNERSHIP APARTMENT BUILDING IN PRIME SAN PEDRO LOCATION NEAR AVERILL PARK AND WESTERN AVENUE ON 2 LARGE LOTS. THIS PROPERTY HAS NEVER BEEN ON THE MARKET SINCE IT WAS PURCHASED FROM THE ORIGINAL CONTRACTOR. DELUXE 15 UNIT APARTMENT BUILDING WITH A GOOD MIX OF 3 BEDROOM 2 BATH, 2 BEDROOM 1 BATH, AND 1 BEDROOM 1 BATH APARTMENTS WITH PRIVATE BALCONIES. NEW ROOF INSTALLED APPROXIMATELY 10 YEARS AGO. MANY OF THE UNITS ARE RENTED BELOW THE MARKET WITH HUGE UPSIDE RENTAL INCREASE POTENTIAL. LARGE COURTYARD GIVING EACH UNIT ACCESS TO THE EXTERIOR AND SUNLIGHT. PLENTY OF TENANT PARKING IN THE SUBTERRANEAN GARAGE AREA. COIN OPERATED LAUNDRY ON SITE FOR ADDITIONAL INCOME. ATTRACTIVE OWNNER FINANCING. SALE MUST INCLUDE OWNER FINANCING ONLY WITH 30% DOWN, AMORTIZED FOR 30 YEARS INCLUDING 5.5% INTEREST, WITH A 15 YEAR DUE DATE. PLEASE REFER TO SUPPLEMENT, CONTAINS FULL RENT SCHEDULE.

Property Taxes

Property Taxes

Parcel Number
7459-019-024
Land Assessment
$1,338,620
Improvements Assessment
$2,231,036
Total Assessment
$3,569,656
  • Listing ID: 14491990

  • Date on Market: 11/28/2018

  • Last Updated:

  • Address: 1350 W 9th St, San Pedro, CA 90732

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}