Description
Cash Cow Triplex with additional 4th unit near Plaza Park in San Pedro! While front units are each technically 1 bedroom, they have 5 livable rooms (2 bedrooms, 1 loft room, 2 rooms w/o closets). The top rear unit is a large 1 bed, 1 bath, quite possibly has the size to be turned into a 3 bedroom. The bottom rear unit is converted from one of the 4 garages and is being used as a 4th rental unit. Each of the 3 units has its own garage while the 4th non-permitted lives in theirs. Both remaining tenants are paying rent. Easy to maintain. Yes, there are really 6 electric meters. Mind-blowing West Harbor project being built nearby with a massive $500 million private development replacing the famous but dated Ports O’Call with 42-acres of retail and 5 times the outdoor space of the Grove. In addition, the port of Los Angeles is dropping an absurd 1 Billion dollars in redevelopment in the area over 10 years. Real estate in this area feels reminiscent of Inglewood and its SoFi Stadium project, but perhaps even more grand. This is now the place to be to get in early!
Location
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