Description
Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner building, is fully rented with long-term tenants at below market rates, with lots of room to grow. Each unit has its own laundry room with washer and dryer hookups, and each building has two 2-car garages, shared by tenants with one garage space for each. Each building has one water heater for 4 units. These units are conveniently located close to the Port's new waterfront development, convenient to downtown San Pedro, parks, beaches, public transportation and the 110 Freeway. These two parcels offer great upside potential for significantly increased future rents. Offered subject to inspection... Drive by only... please do not walk through or bother current tenants. One unit is currently being prepared to rent, and may be available to preview soon, by appointment.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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6,864SQFT
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$299$/SQFT
School Ratings & Info
Description
Calling All Investors! Two parcels each zoned LAR2 being offered together, 1835 and 1845 S. Grand Avenue, each with four spacious 2-bedroom units, containing 16 bedrooms and 8 bathrooms, in 6,864 square feet, combined. The properties are well-maintained, and the upper rear unit of each building has an enormous private patio. The upper front unit of 1835 is currently being made ready to rent, or owner-occupy, and the other three units are leased, with two at or near current market values. 1845, the corner building, is fully rented with long-term tenants at below market rates, with lots of room to grow. Each unit has its own laundry room with washer and dryer hookups, and each building has two 2-car garages, shared by tenants with one garage space for each. Each building has one water heater for 4 units. These units are conveniently located close to the Port's new waterfront development, convenient to downtown San Pedro, parks, beaches, public transportation and the 110 Freeway. These two parcels offer great upside potential for significantly increased future rents. Offered subject to inspection... Drive by only... please do not walk through or bother current tenants. One unit is currently being prepared to rent, and may be available to preview soon, by appointment.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-20T15:32:22.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.