$1,730,000
$1,750,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
6,791 Sqft Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $1,730,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB24085299
Sold Date 05/31/24
HOA Y/N No
Year Built 1966
Lot Size 6,791 Sqft
Property Description
The Marina Manor Apartments, located at 707 West 30th Street in San Pedro, are available for sale for the first time in nearly 40 years. This 7-unit
property is located in the sought-after Point Fermin/Palisades area of San Pedro, close to the waterfront redevelopment and Marina. The 4,906 square
foot building shows well with terrific ocean views and airy, sunny units. The units are a mix of (5) Two Bedroom units, (1) One bedroom unit, and (1) Studio, each individually metered for gas and electricity. There are six garage parking spaces (two additional if tandem parking) as well as onsite laundry for tenant convenience. There is almost 50% rental upside for a new owner, as well as additional upside potential in renting out the garage spaces! Each unit has either a balcony or small patio to enjoy the sea breeze, and the building was repainted just last year! The immediate area is flush with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. San Pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!
Location
State CA
County Los Angeles
Area 181 - Point Fermin
Zoning LARD2
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7465028007
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Trade
Special Listing Condition Standard
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Bought with Peter Hazdovac • HH Coastal Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "