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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26145231
HOA Y/N No
Year Built 1975
Lot Size 5,959 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to an exceptional income-producing property in the highly coveted Palisades neighborhood of San Pedro, where location, stability, and long-term investment potential come together. Rarely does an opportunity present itself to acquire a meticulously maintained four-unit property in one of the area's most established and desirable residential communities.
This pride-of-ownership quadruplex features an ideal unit mix consisting of one spacious three-bedroom unit, two well-appointed two-bedroom units, and one comfortable one-bedroom unit, providing broad tenant appeal and a diversified rental portfolio. All four residences are occupied by long-term tenants, offering immediate income and a proven history of consistent occupancy.
Designed with tenant comfort in mind, each unit features its own private in-unit laundry, a highly sought-after amenity that enhances convenience and long-term desirability. The property also offers secure on-site parking, providing peace of mind for residents and adding to its overall value.
Nestled on a quiet, tucked-away street, this well-maintained property enjoys a peaceful setting while remaining just moments from everything San Pedro has to offer. Residents appreciate the walkable neighborhood with nearby parks, shopping, restaurants, coffee shops, schools, and everyday conveniences. The beautiful San Pedro coastline, beaches, scenic walking trails, and the exciting LA Waterfront redevelopment are all just minutes away, making this an increasingly desirable location for tenants and investors alike.
The attractive curb appeal, manicured grounds, and consistent care throughout the property reflect years of conscientious ownership. Whether you're completing a 1031 Exchange, expanding your investment portfolio, or seeking a quality asset with dependable income in a thriving coastal community, this property offers exceptional long-term value and appreciation potential.
Quality multifamily properties in the Palisades are seldom available. Don't miss this rare opportunity to own a premier investment in one of San Pedro's most desirable neighborhoods.
Location
State CA
County Los Angeles
Area 180 - Palisades
Interior
Interior Features Balcony, Storage
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop, Gas Oven
Laundry Laundry Room
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Connected
View Y/N Yes
View Trees/Woods
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped, Near Public Transit, Walkstreet
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7463017011
Acceptable Financing Conventional, Contract
Listing Terms Conventional, Contract
Special Listing Condition Standard, Trust
Nearby School & Business
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