Property listed by Vista Sotheby's International Realty, Linda D'Ambrosi 310-938-6958
$1,200,000
Premier Palisades Investment Opportunity
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… Read More 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. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
1975
MLS Number
SB26145231
Additional Details
Appliances & Equipment
GasCooktop, GasOven
Building
Built in 1975, 1 building, 2 stories, Entry level: 1, Entry location: Street
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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