333 W 8TH Street

    San Pedro, CA 90731
    • $2,500,000
    • STATUS: Active
    • ON SITE: 42 days
    • ID#: 20544206
    UPDATED: 62 min ago
    $2,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this eight (8) unit multifamily investment opportunity, located in prime San Pedro. The subject properties consist of 3 buildings on three (3) contiguous parcels. The 3 lots have a total square footage of approximately 15,000 sqft, and zoned C2. This allows a developer to build 43 by right units, or 71 units with the TOC Tier 2 incentives, via alley contributions. Alley contribution adds +/- 2,450 sqft. The properties consist of one (1) 4 unit apartment complex, one (1) duplex, and one (1) SFR with a legal ADU. Includes 3 adjoining lots with 3 separate APN numbers and address, 7455-010-002, 7455-010-003 and 7455-010-004 with a total lot size of 15,000 sqft and a total living area of 5,893 sqft.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

    www.livelovethefoothills.com/homes/102334324

    333 W 8TH Street San Pedro, CA 90731

    • Price: $2,500,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 20544206
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    189 - Barton Hill
    County:
    Los Angeles
    Area:
    189 - Barton Hill
    Property Description
    We are pleased to offer for sale this eight (8) unit multifamily investment opportunity, located in prime San Pedro. The subject properties consist of 3 buildings on three (3) contiguous parcels. The 3 lots have a total square footage of approximately 15,000 sqft, and zoned C2. This allows a developer to build 43 by right units, or 71 units with the TOC Tier 2 incentives, via alley contributions. Alley contribution adds +/- 2,450 sqft. The properties consist of one (1) 4 unit apartment complex, one (1) duplex, and one (1) SFR with a legal ADU. Includes 3 adjoining lots with 3 separate APN numbers and address, 7455-010-002, 7455-010-003 and 7455-010-004 with a total lot size of 15,000 sqft and a total living area of 5,893 sqft.
    Exterior Features

    Lot Size Source Other

    Property Features

    Gross Income 187800.00 Gross Multiplier 13.44 Gross Operating Income 184080.00 Net Operating Income 131734.00 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 187800.00 Zoning Lac2

    Listing provided courtesy of Sherwin Soumekh of Brc Advisors- Bh


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T20:31:17.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Costantino Group | Cal American Homes and Realty. Licensed in the State of California, USA.

     
    The Costantino Group | Cal American Homes and Realty
    405 West Foothill Blvd Suite 203
    Claremont CA, 91711