823 W 25th St Active Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,560 sqft
Price per Sqft $287
MLS Listing ID 25604099
Bedrooms 17
Year Built 1948
Lot Size 9,295 Sqft
Acres 0.2134
Property Sub-Type Multi-Family
Property Description
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.
Location
State CA
County Los Angeles
Area Palisades
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window, Ceiling Fan
Equipment None
Exterior
Parking Features Carport Attached
Building
Level or Stories Three Or More
Others
Special Listing Condition Standard