San Pedro, CA 90731,963 W 9th
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San Pedro, CA 90731,963 W 9th
San Pedro, CA 90731,963 W 9th
San Pedro, CA 90731,963 W 9th
San Pedro, CA 90731,963 W 9th
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Sylvia Lange

Sylvia Lange

+1(619) 226-6622
$ 1,520,000
Est. payment /mo
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Active Under Contract

963 W 9th San Pedro, CA 90731

8 Beds

4 Baths

0.28 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25272938

Bedrooms 8

Lot Size 0.279 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

EXCEPTIONAL 8-UNIT INVESTMENT OPPORTUNITY IN VIBRANT SAN PEDRO | VALUE-ADD POTENTIAL A unique 8-unit multi-family property, perfectly positioned in the desirable San Pedro neighborhood of Vista Del Oro. Exceptional opportunity for investors to maximize returns through strategic upgrades and development. 8 units across 3 buildings (total of 6,176 SF) on a massive 12,161 SF lot zoned LA RD1.5 present ample space for potential expansion and development. The separate garage structure with 7 single-car garages offers a prime opportunity for conversion into ADUs, substantially increasing unit count and cash flow. Excellent in-place income averaging $1,398/unit (SEE SUPPLEMENTS FOR FULL OM), with upside potential via remodeling and renting the vacant unit at top market rent and raising rent to existing tenants (all are due for annual rent increase). Property is subject to LA City RSO. On-Site Amenities: Additional income streams from convenient on-site laundry (leased equipment) and storage. UNIT DETAILS AND DISCLOSURES: Per Assessor Records, all units are 1-bedroom units. However, units appear to function as proper 2-bedroom units, each featuring windows and closets.*** Disclosure: Seller makes no representations or warranties regarding the legal bedroom count or the feasibility of ADU conversions. Buyer is solely responsible for independently investigating and verifying all information, including square footage, property condition, zoning, permits, and all applicable local/state ADU requirements, to their full satisfaction.

Location

State CA

County Los Angeles

Zoning Assessor

Direction West of Gaffey, east of Alma St on 9th St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7458007008

MLS Router / San Diego MLS
Listed by Olga Wright Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Dapplegray Elementary

    Public | KG - 5

  • 9

    Mira Catalina Elementary School

    Public | KG - 5

  • 8

    White Point Elementary School

    Public | KG - 5

  • 8

    Park Western Place Elementary

    Public | PK - 5

  • 8

    Taper Avenue Elementary

    Public | KG - 5

  • 7

    South Shores Magnet School

    Public | 1 - 5

  • 7

    Point Fermin Elementary School

    Public | KG - 5

  • 5

    Bandini Street Elementary

    Public | KG - 6

  • 5

    15th Street Elementary School

    Public | KG - 5

  • 4

    Crestwood Street Elementary

    Public | KG - 5

  • 4

    Leland Street Elementary

    Public | KG - 6

  • 3

    7th Street School

    Public | KG - 5

  • 3

    Cabrillo Avenue Elementary School

    Public | KG - 5

  • 2

    Barton Hill Elementary School

    Public | PK - 6

  • 2

    Hawaiian Avenue Elementary & Magnet Center

    Public | KG - 5

  • 1

    George De La Torre Jr. Elementary School

    Public | PK - 5

  • 0

    New Horizons Child Devmnt Center

    Private | PK - KG

  • 0

    Rolling Hills Montessori

    Private | PK - KG

  • 0

    Miraleste Kindergarten

    Public | KG - KG

  • 0

    Brighter Days Montessori School

    Private | PK - TKG

Middle Schools 5
  • 8

    Miraleste Intermediate School

    Public | 6 - 8

  • 8

    Dodson Middle School

    Public | 6 - 8

  • 2

    Dana Middle School

    Public | 6 - 8

  • 0

    Rolling Hills Preparatory School

    Private | 6 - 12

  • 0

    William J. Johnston Community Day

    Public | 7 - 12

High Schools 3
  • 8

    Port of los Angeles High School

    Public | 9 - 12

  • 5

    San Pedro High School

    Public | 9 - 12

  • 0

    Angel's Gate (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.
Sylvia Lange

Sylvia Lange

Agent | License ID: 02022390

+1(619) 226-6622

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963 W 9th