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823 25th Street, San Pedro, CA 90731
Priced at Only: $2,499,000
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Address: 823 25th Street, San Pedro, CA 90731
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  • MLS#: 25604099 ( )
  • Street Address: 823 25th Street
  • Viewed: 1
  • Price: $2,499,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 123
  • Additional Information
  • County: LOS ANGELES
  • City: San Pedro
  • Zipcode: 90731
  • Provided by: CBRE, Inc.
  • Contact: Brice Brice
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    JUST REDUCED $250,000! A "Steady Eddie" investment option. Near San Pedro Harbor & the cliffs of Pt. Fermin Park. A tried and true investment option on one of San Pedro's better known streets.25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South. The building has been well maintained and rehabbed as needed, as units turnover. Also, a new roof was put on in 2024. San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery and downtown Long Beach just across the Vincent Thomas Bridge.
Features
Building Area Total
  1. 9560.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Three Or More
Netoperatingincome
  1. 169397.00
Parcel Number
  1. 7463013028
Parking Features
  1. Attached Carport
Postalcodeplus4
  1. 5803
Sourcesystemkey
  1. 25604099:CLAW
Totalexpenses
  1. 72278.00
Year Built
  1. 1948
Zoning
  1. LARD2
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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