Pending

469 W Oliver Street

San Pedro CA, 90731

$2,300,000


$303.75 per sqft

Pending

7,572 sqft

Condos

Built in 1980

Listed by Josh Cohen with Keller Williams South Bay 310-480-2130

We are proud to present our latest investment opportunity, 469 West Oliver Street in San Pedro. This eight unit property features a unit mix of (5) 3 Bed / 2 Bath units and (3) 2 Bed / 1 Bath units (Buyer to verify). Built in 1980, this investment is not subject to City of LA RSO, only State rent control laws! Current income is solid while still providing a new owner projected rental upside of about 40% +/-! There is also a partially completed, permitted ADU that a new owner can finish to reap the increased rental income. Tenants enjoy onsite laundry facilities (leased) as well as nine total parking spots (covered & secured, and private garages). Properties of an 80's vintage are not often available for sale in San Pedro. With the ongoing redevelopment activity and renewed interest in the area, an astute investor will not want to pass up the opportunity to add this property to their portfolio.

SB24177028

MLS ID

August 26, 2024

Listed

October 17, 2024

Updated

Map

469 W Oliver Street
San Pedro CA, 90731

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Street Level


Sewer

Public Sewer

Other Property Details

Area Name

189 - Barton Hill


Days on Market

14


Garage

Yes


Garage Spaces

6


Parking Total

9


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR2

Listing History

Date

Event

Price

9/9/2024

Pending

Listing Contact: 310-375-3511 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 10:24 AM UTC

 

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