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604 W 9th Street, San Pedro, CA 90731
$1,100,000
604 W 9th Street, San Pedro, CA 90731View this property at 604 W 9th Street, San Pedro, CA 90731
604 W 9th StreetSan PedroCA90731
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Property Description
***Huge Price Drop - Robust Cash Flow!!***
Situated in a prime location, this 4-unit property is the perfect blend of comfort and lucrative investment potential. The property features a spacious 3-bedroom, 1-bath unit, complemented by three 2-bedroom, 1-bath units. Key improvements have been made, including updated electrical panels in 2020 and new windows installed three years prior. All units are equipped with washer/dryer hookups, have a reinforced foundation, and feature spacious living areas. An added perk is the front yard for the front tenants.
Enjoy the benefits of prime walkability! This location is conveniently close to local shopping and eateries.
A significant advantage of this property is its proximity, a mere 4 miles, to the anticipated West Harbor's 42-acre development. Slated for completion in 2025, this ambitious project will comprise a diverse mix of restaurants, retail establishments, offices, and a picturesque waterfront promenade accentuated with an amphitheater. Backed by a $53.7 million budget, the city's plan includes a sprawling 30-foot promenade, an animated town square, state-of-the-art restrooms, contemporary docks, and meticulous landscaping. Major financial commitments from The Ratkovich Company and Jerico Development, amounting to $160 million, power this vision. The project's inception was marked with a groundbreaking ceremony on November 12, 2022. For a deeper dive into the harbor expansion details, visit www.lawaterfront.org/invest/current-port-projects.
Full Property Details
Full Property Details for 604 W 9th St
General
- Sold For: $1,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SB23186367
- Added to Site: 225 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Gas Range
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Street
- Parking: Street
Location
- Area: 185 - Plaza
- County: Los Angeles
- Development Name: 185 - Plaza
- Driving Directions: From Gaffey Street, head east on 9th Street. The cross streets are 9th and S Grand
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Ground
- Square Feet: 4,292
- Year Built: 1919
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1085
- Lot Size Source: Assessor
- Zoning: LAC2
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $256.29
- Price Per Unit: 281250
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Keller Williams Realty, Joey Bommarito and Keller Williams Realty, Leigh Hanisee
Sold by Compass, Harold Noriega
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Schools
Schools serving 604 W 9th St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
732 S Cabrillo Ave, San Pedro, CA 90731 | K-5 | 0.2 mi | |
1501 S Cabrillo Ave, San Pedro, CA 90731 | 6-8 | 0.5 mi | |
1001 W 15th St, San Pedro, CA 90731 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 604 W 9th St
Date
Details
Price
Change
Source
2/23/2024
Sold
$1,100,000
-2.22%
MLS
12/08/2023
Price Reduced
$1,125,000
-1.32%
MLS
11/15/2023
Price Reduced
$1,140,000
-0.87%
MLS
10/23/2023
Price Reduced
$1,150,000
-0.86%
MLS
10/15/2023
Price Reduced
$1,160,000
-3.25%
MLS
10/08/2023
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
604 W 9th Street, San Pedro, CA 90731 (MLS# SB23186367) is a Multi-Family property that was sold at $1,100,000 on February 23, 2024. Want to learn more about 604 W 9th Street? Do you have questions about finding other Multi-Family real estate for sale in San Pedro? You can browse all San Pedro real estate or contact a Coldwell Banker agent to request more information.