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1431 S Gaffey ST San Pedro, CA 90731
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Key Details
Sold Price $950,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB25149582
Year Built 1964
Lot Size 4,504 Sqft
Property Sub-Type Quadruplex
Property Description
** PRICE IMPROVEMENT - Seller is MOTIVATED ** Competitively priced to get attention from INVESTORS who are serious about adding a stable income property to their portfolio. This well maintained Fourplex in the heart of bustling San Pedro, CA is a solid investment property that offers a 4.1 CAP Rate and a 16.01 GRM with plenty of upside potential. Three Units are the popular Townhouse style floorplan with the Kitchen, Living Room, 1/2 Bathroom and a Pivate Backyard Patio downstairs - 2 Bedrooms and full Bathroom upstairs. The fourth Unit is a one level 2 Bedroom/1 Bathroom Unit that sits above the Garages in the back. Each unit comes equipped with their own Laundry Hookups and are each metered separately for gas and electricity for optimum return on your investment. If you're not familiar with San Pedro, now is the time to take look at this hidden Coastal Gem in the South Bay. Close proximity to shopping, restaurants, freeway access, Cabrillo Beach, Battleship USS Iowa Museum, AltaSea and the West Harbor Development in the Port of LA - a vibrant waterfront destination for dining, shopping, entertainment and waterside experiences in the Port of LA.
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Zoning LAC1
Interior
Heating Radiant
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt
Building
Lot Description 2-5 Units/Acre, Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Sergio Scerra Keller Williams Realty
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