Last sold February 5, 2021Show 6 photos

1134 W 22nd St San Pedro, CA 90731



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
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