678 W 16th Street
San Pedro, CA 90731
- – beds
- – baths
- – sqft
- 5,003 sqft lot
- 1959 build
- – on site
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Pride of Ownership 5-unit apartment complex with highly desirable unit mix of all 2 bedroom units. Two Section 8 Tenants provide for guaranteed income. All tenants are paying and never missed a payment. There is Onsite Laundry Room for Additional Income (No Equipment Included).** Property is subject to Soft Story Retrofit and there is a Potential to Convert Owner 2-Car Garage into an ADU While Completing Soft Story Retrofit which has to be completed AFTER close of escrow by Buyer. Building has All copper plumbing. Some Units have been Recently Upgraded. Total monthly rental income is $7,593
Listed By CRMLS_CA / Olga Wright / Lyon Stahl Investment Real Estate, Inc. / 3108017373
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Last updated Aug 27, 2023
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MLS# SB23013483 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/16/23
Mar 16, 2023
|
Sold | CRMLS_CA | $1,200,000 | -7.7% |
2/20/23
Feb 20, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $1,300,000 | |
2/1/23
Feb 1, 2023
|
Listed / Active | CRMLS_CA | $1,300,000 | 48.6% (6.6% / YR) |