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

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    801 Oro Terrace, San Pedro, CA 90731
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    • MLS#: 24471587 ( )
    • Street Address: 801 Oro Terrace
    • Viewed: 3
    • Price: $3,399,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1928
    • Bldg sqft: 0
    • Days On Market: 16
    • Additional Information
    • County: LOS ANGELES
    • City: San Pedro
    • Zipcode: 90731
    • Provided by: CBRE, Inc.
    • Contact: Brice Brice
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Beautiful vista del oro location, waaaay up the hill, near palos verdes. Unparalleled "view" potential for a builder. Unique, large, highly elevated, 19k square foot street to alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, la basin and beyond. Maybe even more than 12. Zoning is lard1. 5. Buyer to verify. Currently, it's 12 charming, spanish, bungalow style units with tons of "old school" charm coved ceilings, arched doorways, original, resurfaced hardwood floors, walk in closets, tile kitchens and baths. And a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also. The $150mm, 42 acre, west harbor aka "waterfront redevelopment" and 35 acre altasea science center make san pedro one of la's most dynamic investment markets. And of course, it's home to one of la county's largest employers, the port of la. An already stable renting base that is only getting stronger. Assumable loan:80+% ltv assumable note of $2,770,000 at 4. 65% interest only. Principal paydown amounts of $100k each may and december. Due feb 2033. *seller will likely allow "cash for keys" dialogue with the tenants during escrow. Exclusively listed at $3,399,000.
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    Features
    Appliances
    1. Refrigerator
    Building Area Total
    1. 7908.00
    Cooling
    1. None
    Country
    1. US
    Heating
    1. Wall Furnace
    Interior Features
    1. Ceiling Fan(s)
    Levels
    1. One
    Netoperatingincome
    1. 128194.00
    Parcel Number
    1. 7458004015
    Parking Features
    1. Attached Carport
    Postalcodeplus4
    1. 2985
    Sourcesystemkey
    1. 24-471587:CLAW
    Totalexpenses
    1. 83025.00
    Year Built
    1. 1928
    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