545 W 36th St, San Pedro, CA, 90731
A very spacious 4 unit with vast views of the LA Basin and Harbor. The subject property is ideally-located in the highly sought after Pt. Fermin submarket of San Pedro - known for its genteel, lifestyle and beautiful Pt. Fermin park, situated 200 feet above the crashing waves of the Pacific.The building has a massive 1K sq. ft 2 Bed/2 Bath unit on the top floor with a 300 sq. ft deck offering wonderful views and premium, market rent always. All units have washer/dryer hookups. 3 of the 4 units delivered vacant and ready to be made "market rent ready" - an excellent, immediate hedge against rent control's constraints. (units 545, 547, 551 are modeled at a market rent; 549 is currently rented at $1,695)Seller may carry a 70% +/-note at a competitive 5% interest-only rate for 3-5 years -possibly longer. To be considered on an offer-by-offer basis.
545 W 36th St