1144 S Palos Verdes Street, San Pedro, CA 90731
- $3,400,000
- Sold Price
- $3,400,000
- List Price
- $3,600,000
- Closing Date
- Oct 07, 2024
- Status
- CLOSED
- MLS#
- SB24177205
- Year Built
- 1984
- Lot Size
- 11,816
- Lot Location
- Street Level
- Days on Market
- 12
- Property Type
- Multifamily
Property Description
We are proud to present our latest multifamily apartment available for sale, The Villa Cinisi Apartments. Located at 1144 South Palos Verdes Street in San Pedro, this outstanding investment opportunity overlooks the brand new, West Harbor redevelopment with stunning views of the port! Built in 1984, this investment is not subject to City of LA RSO, only State rent control laws! The fourteen units are all one bedroom units, and four of the units are larger and face the port, and will command a premium compared to other one bedroom units nearby. Property amenities feature balconies (all units), twenty two covered, secure parking spaces (which includes two, two car garages), and onsite laundry (leased). There are several small storage areas available for rent, and units have dishwashers! The immediate area in San Pedro is undergoing a renaissance, and residents all eagerly await the completion of the West Harbor Redevelopment, just a very brief walk away! West Harbor will include exciting new tenants such as Yamashiro Japanese Restaurant, Mike Hess Brewing, Mario's Butcher Shop, and several more! There will also be an immersive art gallery, an off-leash dog park, and many to-be-announced retail shops.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Terms
- Cash, Cash to New Loan, 1031 Exchange
Mortgage Calculator
Listing courtesy of Listing Agent: Josh Cohen (josh@cohengroupla.com) from Listing Office: Keller Williams South Bay.
Listing sold by Todd Stein from Campbell Wellman Properties
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.