Tony Accardo

1235 S Centre St

$975,000 1235 S Centre Street, San Pedro, CA 90731

A unique 1988 constructed and well maintained income property with 3 large residential units conveniently located adjacent the Port of Los Angeles. A cash cow with over $5,760/mo of income and plenty of upside for the new owner as this is not under current rent control restrictions. 3 units total, (2) 3 Bd/2 Bath and (1) 2 Bd/2 Bath. All units are clean and the ground level unit has had a complete kitchen/flooring renovation in the past month. Freshly painted interiors and exterior. Offering Memorandum available. This is a great find for both new and seasoned apartment investors, and provides a great way to step into the hot San Pedro market, or to add on to an existing rental portfolio. The property is situated on a 4500 sq ft. lot and provides 1 garage space per unit, which are not subject to any City of Los Angeles soft-story retrofit requirements. Units are separately metered for gas and electricity. The building also provides an on-site laundry room for tenant convenience and revenue share. In addition there's a community front lawn where you can relax & enjoy the sun or sea breeze! With so much recent development taking place in San Pedro, the local area is undergoing a complete transformation. Walking distance to the highly-anticipated Waterfront Redevelopment, which will change the harbor for years to come! Also nearby is downtown San Pedro, which features a unique mix of shops, restaurants, art galleries, theaters & more.

  • Sold
    Status
  • 9
    Bedrooms
  • 6
    Bathrooms
  • 1988
    Year Built
  • 3,814 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 3,814 Sq.Ft.
  • Lot Size: 4,501 Sq.Ft.
  • MLS® ID: PV19087406
  • Type: Multi-Family, Commercial
  • Year Built: 1988

Interior

  • Total Bedrooms: 9
  • Total Bathrooms: 6
  • Full Bathrooms: 6

Exterior & Building

  • Garage Space: 3

Financial

  • Sales Price: $975,000

1235 S Centre St

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Tony and his team set out to be not just the best possible realtors but also trusted resources. Their experience goes well beyond their years as South Bay's top-producing Realtors®.
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