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$ 1,985,000
Est. payment /mo
Price Dropped by $200K
625 W 8th San Pedro, CA 90731
5,000 Sqft Lot
UPDATED:
12/05/2024 05:17 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24206815
HOA Y/N No
Year Built 1988
Lot Size 5,000 Sqft
Property Description
Not subject to LA City Rent Stabilization Ordinance (RSO). Work almost finished on condo conversion - will furnish details to finalize this into six condominiums. Have tract map (tract no. 68227), CCR's, by-laws. Huge double garage for each unit. Townhouse design - only side common walls. No one above or below each unit. Great cap rate! One block walk to vibrant Gaffey commercial with Everything happening. Very nice homes for a great Metro community - close to freeways, schools, shopping. Major new Waterfront projects in San Pedro a center for employment and tenant demand for apartments. Nice interior finishes, multiple baths in every unit, HVAC with forced air heat and A/C in each unit. Dishwasher, interior laundry hookups, stove, refrigerator, microwave in each unit. Legal description property address is 623.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Biking, Fishing, Sidewalks, Water Sports
Total Parking Spaces 12
Private Pool No
Building
Lot Description Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7454005047
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by William Shelton • Berkshire Hathaway HomeServices California Properties • 562-400-2848