$1,350,000
$1,399,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
5,000 Sqft Lot
SOLD DATE : 09/27/2024
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24188047
Sold Date 09/27/24
HOA Y/N No
Year Built 1988
Lot Size 5,000 Sqft
Property Description
Get ready to own this unique turnkey triplex with 7 bedrooms and 4 bathrooms, spanning 3,731sq ft. Built-in 1988, this property is not subject to RSO rent control. It is situated on a 5,001 sq ft elevated lot with alley access in the highly south-after Holy Trinity Area of San Pedro, panoramic ocean and hill views for both front-facing units. Some recent upgrades include a new roof, deck/balcony waterproofing, double-pane windows, new flooring, central heating, remodeled bathrooms, and appliances. This one-of-a-kind property provides numerous development or usage options for the future owner. An opportunity also exists to increase the Gross Annual Income from over$108k to over $132k by converting the three-car garage into an ADU while maintaining 4 parking spaces at the back of the property. The property features a mix of units, including a 3-bedroom Penthouse Unit that is close to 2,000 sq ft in size. The Penthouse unit offers a primary bathroom with an ensuite bathroom, an open fireplace, an around 600 sq ft deck, a balcony with ocean views, and more. Whether you are an investor or looking to settle down, this property offers flexibility and comfort.
Location
State CA
County Los Angeles
Area 187 - Holy Trinity
Zoning LARD1.5
Interior
Interior Features Balcony, Quartz Counters, All Bedrooms Up, All Bedrooms Down
Heating Central, Wall Furnace
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range
Laundry Washer Hookup, Inside, Laundry Room
Exterior
Exterior Feature Lighting
Garage Assigned
Garage Spaces 3.0
Garage Description 3.0
Fence Block, Wrought Iron
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Neighborhood, Ocean
Roof Type Composition
Accessibility Parking
Parking Type Assigned
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Faces South
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7451010016
Acceptable Financing Cash, Conventional, Fannie Mae
Listing Terms Cash, Conventional, Fannie Mae
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Linda N. Leon • Nourmand & Associates-HW
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA