650 W 7th Street San Pedro, CA 90731
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Value added opportunity situated in one the most dynamic growing cities within Southern California. The Subject Property was built in 1988 and is exempt from LA City Rent Control (California does have a Statewide cap on rent increases whereby an annual increase of 10% (SB1482) is permissible. Consisting of a functional and useful mix of 4 studios, 1 Bedroom, and a 2 Bedroom apartment, this complex will provide an investor a great opportunity to for a strong year-round occupancy while growth in income. Several of the apartments face 7th St and has plenty of natural light with great windows. Parking is covered, utilities are separately metered for Gas and Electric. Central Hot Water Heater and Laundry Room. Since this property was built in the 1980's, less headaches for an investor. Several units were turned over in the last 3-4 years and have been upgraded
|yesterday||Listing updated with changes from the MLS|
|yesterday||Price changed to $1,400,000|
|3 weeks ago||Price changed to $1,450,000|
|a month ago||Listing first seen online|
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Mailing Address: 1902 Wright Place 2nd Floor, Carlsbad, CA 92008