- BHGRE®
- California
- San Pedro
- 643 W 15th Street
643 W 15th Street, San Pedro, CA 90731
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
643 W 15th Street,San Pedro (los Angeles), CA 90731
$795,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: daniel hopkins, joshua barut
Office: lyon stahl investment real est
MLS#:CRPW24097243
Source:CA_BRIDGEMLS
Sorry, we are unable to map this address
Price summary
- Price:$795,000
About this home
UPDATE: One unit to become vacant at the end of August. We are pleased to exclusively offer for sale 643 W 15th St, a 2 unit multi-family investment located in San Pedro, CA. The building features an excellent unit mix of (2) 2 Bed/1 Bath ~1,074 SF Units for a total rentable square footage of 2,148 SF. There are (2) detached garage parking spaces available to tenants which is especially important in this parking impacted submarket. Further, each tenant has (1) assigned parking space adjacent to the garage. For the astute investor, this ample parking can be leveraged into additional income subject to occupancy. In addition, the property has been meticulously well-maintained with updated kitchens, new exterior paint, and a newer roof, and each tenant has its own in-unit laundry. From a pricing standpoint, this property is being offered at a favorable $387,500/Unit and $360.80/SF, roughly $40k/Unit and $50/SF shy of market averages, respectfully. Further, the offering represents an outstanding Value Add Opportunity with 76% in Rent Upside, imputing a Market CAP Rate of 6.03% and Market GRM of 11.98. Lastly, the building is strategically located – not only near the Port – but also within close proximity to the confluence of both Los Angeles and Orange County freeway systems and,
Contact an agent
Home facts
- Year built:1917
- Listing ID #:CRPW24097243
- Added:636 day(s) ago
- Updated:November 14, 2024 at 09:47 PM
Rooms and interior
- Bedrooms:4
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Wall Furnace
Structure and exterior
- Year built:1917
Finances and disclosures
- Price:$795,000
New listings near 643 W 15th Street
- New
$595,000Active2 beds 2 baths1,090 sq. ft.815 S Grand Avenue #9, San Pedro, CA 90731
MLS# PW26029590Listed by: LEGACY REAL ESTATE - New
$1,695,000Active-- beds -- baths5,616 sq. ft.626 W 7th, San Pedro, CA 90731
MLS# SB26029816Listed by: BUCKINGHAM INVESTMENTS, INC - New
$595,000Active2 beds 2 baths1,090 sq. ft.815 S Grand Avenue #9, San Pedro, CA 90731
MLS# PW26029590Listed by: LEGACY REAL ESTATE - New
$975,000Active3 beds 2 baths1,248 sq. ft.3636 S Cabrillo Avenue, San Pedro, CA 90731
MLS# P1-25780Listed by: ENGEL & VOELKERS PASADENA - New
$510,000Active2 beds 2 baths839 sq. ft.1445 Brett #301, San Pedro, CA 90732
MLS# OC25282256Listed by: ARBOR REAL ESTATE - New
$699,000Active0.14 Acres866 W Sepulveda Street, San Pedro (los Angeles), CA 90731
MLS# CL26649059Listed by: AVARNKA REAL ESTATE, INC. - Open Sat, 1 to 4pmNew
$615,000Active2 beds 3 baths1,429 sq. ft.1441 Brett #136, San Pedro, CA 90732
MLS# SB26028773Listed by: LUXURY COLLECTIVE - Open Sat, 1 to 4pmNew
$615,000Active2 beds 3 baths1,429 sq. ft.1441 Brett #136, San Pedro, CA 90732
MLS# SB26028773Listed by: LUXURY COLLECTIVE - Open Sun, 12 to 4pmNew
$900,000Active4 beds 3 baths2,013 sq. ft.1129 W Capitol Drive #27, San Pedro, CA 90732
MLS# SB26019047Listed by: BOLIVAR DE LA TORRE - New
$899,000Active3 beds 2 baths1,563 sq. ft.964 W 14th, San Pedro, CA 90731
MLS# RS26026645Listed by: FIRST TEAM REAL ESTATE