Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1350 9th Street, San Pedro, CA 90732
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    1350 9th Street
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    • MLS#: SB24194791 ( Apartment )
    • Street Address: 1350 9th Street
    • Viewed: 30
    • Price: $3,750,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1973
    • Bldg sqft: 0
    • Days On Market: 194
    • Additional Information
    • County: LOS ANGELES
    • City: San Pedro
    • Zipcode: 90732
    • Provided by: eXp Realty of Greater Los Angeles, Inc.
    • Contact: Lucy Lucy
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Introducing an opportunity to own a 15 unit building in San Pedro's prime area of Vista Del Oro. This 12,070 square foot building built in 1973 comprises of one 3 bedroom/2 bathroom unit, eight 2 bedroom/1 bathroom units, and six 1 bedroom/1 bathroom units. Some units offer a balcony and views of city and harbor. Large courtyard to enjoy fresh air and natural lighting. Lots of tenant parking in the subterranean parking area. Soft story retrofit has been completed. Community laundry room with owned washers/dryers and spacious cabinetry. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Financing available. Walking distance to Weymouth Corner Shopping Center and Averill Park. West Harbor build of the former Ports O'Call is expected to open in 2025, featuring 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with ample outdoor space and an open air amphitheater for live entertainment. Attractive opportunity to acquire this 15 unit asset in an appreciating market, driven by ongoing San Pedro developments.
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    Features
    Architectural Style
    1. Contemporary
    Assessments
    1. None
    Association Fee
    1. 0.00
    Building Area Total
    1. 12070.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 184
    Electric Expense
    1. 1500.00
    Fireplace Features
    1. None
    Garage Spaces
    1. 25.00
    Gardner Expense
    1. 1800.00
    Heating
    1. Radiant
    Insurance Expense
    1. 7650.00
    Laundry Equipment Own Lease
    1. Own
    Laundry Features
    1. Community
    2. Individual Room
    Laundry Income
    1. 3000.00
    Lockboxtype
    1. None
    Lot Features
    1. 11-15 Units/Acre
    2. Lot 10000-19999 Sqft
    3. Park Nearby
    Netoperatingincome
    1. 161863.00
    Newtaxesexpense
    1. 50400.00
    Number Of Separate Electric Meters
    1. 15
    Number Of Separate Gas Meters
    1. 15
    Parcel Number
    1. 7459019024
    Pest Control Expense
    1. 1000.00
    Pool Features
    1. None
    Postalcodeplus4
    1. 3853
    Professionalmanagementexpense
    1. 13996.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 423407334:CRM
    Spa Features
    1. None
    Taxblock
    1. 36
    Tenant Pays
    1. Cable TV
    2. Electricity
    3. Gas
    Totalexpenses
    1. 109661.00
    Trash Expense
    1. 8160.00
    Utilities
    1. Natural Gas Connected
    2. Sewer Connected
    3. Water Connected
    Vacancyallowance
    1. 8398
    View
    1. City Lights
    2. Harbor
    Views
    1. 30
    Water Sewer Expense
    1. 12750.00
    Water Source
    1. Public
    Year Built
    1. 1973
    Year Built Source
    1. Public Records
    Zoning
    1. LARD1.5
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836