Last sold February 5, 2021Show 6 photos

1134 W 22nd St San Pedro, CA 90731

Price

$3,100,000

19 Beds
12 Baths
- Sq. Ft.

Key Details

Property typeOther
Price / Sq. Ft.-
Lot size10,806 Sq. Ft.
Year built1972

About 1134 W 22nd St, San Pedro, CA

1134 West 22nd Street is a 12-unit apartment building in San Pedro, California located just steps from Leland Elementary School. This offering presents an excellent opportunity to renovate and reposition an asset with a desirable unit mix in a redeveloping coastal market and capture over 45 percent rental upside. The asset is a 1972 construction with seven two-bedroom/one-bath and five one-bedroom/one-bath units that are separately metered for gas and electricity. The property has copper plumbing and also offers on-site laundry, 20 parking spaces, and balconies for 11 of the 12 units. Substantial recent improvements include $24,000 spent on extensive roof work with top-of-the-line elastomeric roof coating on the entire roof and $9,000 spent on a new garage gate opener and equipment upgrades. Furthermore, the building has been inspected and determined to be exempt from the city’s soft retrofit requirement (buyer to verify).

Listed by Steven Bogoyevac · Steven M. Bogoyevac, Broker · Last updated December 18, 2021 · Source: CRMLS_CRM · MLS # PW20223480
CRMLS_CRM
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (“CRMLS”) and is protected by all applicable copyright laws. Information provided is for viewer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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