604 W 9th Street, San Pedro, CA 90731
Fourplex · 3 recorded sales since 2017
Sold February 2024
Listing Agent: Joey Bommarito (DRE #01924234) · Listing Office: Keller Williams Realty · Contact: 323-873-3789 · Bought with: Harold Noriega · Compass · MLS #SB23186367 · Source: CRMLS
About this fourplex
***Huge Price Drop - Robust Cash Flow!!*** Situated in a prime location, this 4-unit property is the perfect blend of comfort and lucrative investment potential. The property features a spacious 3-bedroom, 1-bath unit, complemented by three 2-bedroom, 1-bath units. Key improvements have been made, including updated electrical panels in 2020 and new windows installed three years prior. All units are equipped with washer/dryer hookups, have a reinforced foundation, and feature spacious living areas. An added perk is the front yard for the front tenants. Enjoy the benefits of prime walkability! This location is conveniently close to local shopping and eateries. A significant advantage of this property is its proximity, a mere 4 miles, to the anticipated West Harbor's 42-acre development. Slated for completion in 2025, this ambitious project will comprise a diverse mix of restaurants, retail establishments, offices, and a picturesque waterfront promenade accentuated with an amphitheater. Backed by a $53.7 million budget, the city's plan includes a sprawling 30-foot promenade, an animated town square, state-of-the-art restrooms, contemporary docks, and meticulous landscaping. Major financial commitments from The Ratkovich Company and Jerico Development, amounting to $160 million, power this vision. The project's inception was marked with a groundbreaking ceremony on November 12, 2022. For a deeper dive into the harbor expansion details, visit www.lawaterfront.org/invest/current-port-projects.
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history
