San Pedro, CA 90731,684 W 23rd Street
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San Pedro, CA 90731,684 W 23rd Street
San Pedro, CA 90731,684 W 23rd Street
San Pedro, CA 90731,684 W 23rd Street
San Pedro, CA 90731,684 W 23rd Street
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$ 1,195,000
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684 W 23rd Street San Pedro, CA 90731

7 Beds

5,001 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25233883

Bedrooms 7

Lot Size 5,001 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Large 1999 construction non-rent controlled (RSO) triplex with 100% townhome style units. Extra large 2 story owner's unit in front with 3 beds and 2.5 baths plus attached 2 car garage. Two more large 2 story townhome style units in rear with 2 beds and 1.5 baths each. Parking lot in rear with 4 spaces for rear units. Well priced at 13.7X GRM on actuals plus a 27% upside to a GRM of 10.8X and a 6% cap rate at market rents. Beautiful Point Fermin location only 3 blocks to Cabrillo Marina and a few blocks to Cabrillo Beach. Less than a mile from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North side of 23rd St, East of Gaffey

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7465001028


MLS Router / San Diego MLS
Listed by Anthony Walker Buckingham Investments, Inc
Mike Althof

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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684 W 23rd Street