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1020 W 13th Street, San Pedro, CA 90731

Property · 2 recorded sales since 2021

1020 W 13th Street, San Pedro, CA 90731 Sold September 2024 CRMLS
$1,325,000Sold September 2024

Listing Agent: William Mulkey (DRE #00986020) · Listing Office: TR Wealth Management Inc. · Contact: 310-919-7554 · Bought with: Fred DiBernardo · Fred DiBernardo · MLS #SB24170494 · Source: CRMLS

6,079 sqft
Lot Size
1969
Year Built
Property
Type
2
Stories
4
Garage
WallWindowUnits
Cooling
Harbor, Ocean, PeekABoo
View

About this property

An amazing 5-unit, multi-family property in San Pedro. The units all have 2 bedrooms and 1 bath, and they are large at 974 square feet. The complex also features 4 single parking garages, and 2 surface parking spaces. All units have large private balconies and tenants pay for electricity and gas as they are separately metered and have their own hot water heaters.. The cap rate at full occupancy is 6.0%! Two units are currently rented. Two units have been fully remodeled and are ready to rent at market. The remaining three units have 60% upside rent potential. Located in the quiet Vista Del Oro neighborhood in San Pedro, East of Gaffey Street. This is a great buy for a long term investor. Take this opportunity to grab a solid asset at a great price.

Listing description from the September 2024 sale, as reported to CRMLS.

Sale history

$1,325,000
Sold September 2024 · listed $1,475,000, on market August 2024 · MLS #SB24170494 · Source: CRMLS
Listing Agent: William Mulkey · Listing Office: TR Wealth Management Inc. · Contact: 310-919-7554 · Bought with: Fred DiBernardo · Fred DiBernardo
$1,600,000
Sold August 2021 · listed $1,625,000, on market February 2021 · MLS #21691790 · Source: CRMLS
Listing Agent: Jonathan Weir · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: William Mulkey · TR Wealth Management Inc.
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