Bought with Nazzy Daneshvar
$875,000
$825,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
536 N Palos Verdes ST San Pedro, CA 90731
5 Beds
3 Baths
2,175 SqFt
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,175 sqft
Price per Sqft $402
MLS Listing ID CRSB22076274
Bedrooms 5
Full Baths 3
Year Built 1944
Lot Size 8,252 Sqft
Property Sub-Type Triplex
Property Description
Perched from this hillside overlooking the booming Port of Los Angeles, one can't help but envision this property being cradled in immense opportunity. The location of this single-level TRIPLEX is snugly situated in the "heartbeat" of San Pedro, which has undergone rapid redevelopment in recent years with the much touted $150M West Harbor project as the center attraction. Sitting on a 8,252 sq ft lot, this triplex includes a detached 3 car garage as well as a spacious common area that can be utilized for play, bbq or relaxation. Enjoy a beautiful backdrop of the San Pedro Harbor, and admire the Vincent Thomas Bridge as it lights up the evening sky. The front unit offers 1 bedroom/1 bath while the other two units are 2 bedroom/1 bath. Two of the 3 units are currently without tenants and need attention, but consider it a blank canvas to create something special. The remaining third unit is well maintained and will be delivered without tenants at close. Having all units empty will give the new owner the opportunity to upgrade each unit to maximize rent at, perhaps, above market rates due to its prime location. Another option would be to maximize zoning potential and rebuild completely, taking advantage of the gorgeous views if deciding to build up. An ad
Location
State CA
County Los Angeles
Area 193 - San Pedro - North
Zoning LARD2
Interior
Cooling None
Fireplaces Type None
Laundry Community Facility
Exterior
Garage Spaces 3.0
Pool None
View Bridge
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable
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