Sold

604 W 9th Street

San Pedro CA, 90731

$1,125,000


$262.12 per sqft

Sold

4,292 sqft

Multi-family

Built in 1919

Listed by Joey Bommarito with Keller Williams Realty 310-519-1080

***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.

SB23186367

MLS ID

October 8, 2023

Listed

February 24, 2024

Updated

Map

604 W 9th Street
San Pedro CA, 90731

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s)


Appliances

Gas Range


Laundry Description

Inside


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

2-5 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

185 - Plaza


Days on Market

102


Garage

No


Parking

On Street


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAC2


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/24/2024

Sold

1/22/2024

Under Contract

1/11/2024

Active

12/19/2023

Under Contract

12/8/2023

Price Change

$1,125,000

-2%

11/16/2023

Price Change

$1,140,000

-1%

10/23/2023

Price Change

$1,150,000

-1%

10/16/2023

Price Change

$1,160,000

-4%

Listing Contact: 310-519-1080 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/24/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/24/2024 at 5:37 AM UTC

 

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