Competitively priced to get attention from INVESTORS who are serious about adding a stable income property to their portfolio. This well maintained Fourplex in the heart of bustling San Pedro, CA is a solid investment property that offers a 3.9 CAP Rate and a 17.6 GRM with plenty of upside potential. Three Units are the popular Townhouse style floorplan with the Kitchen, Living Room, 1/2 Bathroom and a Pivate Backyard Patio downstairs - 2 Bedrooms and full Bathroom upstairs. The fourth Unit is a one level 2 Bedroom/1 Bathroom Unit that sits above the Garages in the back. Each unit comes equipped with their own Laundry Hookups and are each metered separately for gas and electricity for optimum return on your investment. If you're not familiar with San Pedro, now is the time to take look at this hidden Coastal Gem in the South Bay. Close proximity to shopping, restaurants, freeway access, Cabrillo Beach, Battleship USS Iowa Museum, AltaSea and the West Harbor Development in the Port of LA - a vibrant waterfront destination for dining, shopping, entertainment and waterside experiences in the Port of LA.
Angela is a San Pedro and Palos Verdes native, and is very familiar with the benefits of living in this wonderful coastal area of Southern California. As a key member of the family real estate business, Henry Falkenstein & Associates, she is able to service clients in San Pedro, Palos Verdes and the South Bay areas with ease. Whether you're a "first time" home buyer, a home seller or seasoned investor, she will ensure that you have all the necessary data and resources to make completely informed decisions about your real estate transactions. Her job as your Realtor isn't complete until you are 100% satisfied with her service!