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$7,300,000
Est. payment /mo
9 Beds
7 Baths
0.48 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26219182
Bedrooms 9
Lot Size 0.482 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Offered for the first time since it was built, El Prado is a 26-unit building in San Pedros Palisades neighborhood, bordering Vista Del Oro. Built in 1974 and cared for by the original developer, the property has quality construction, an elevator, a common sun deck, 36 secured parking spaces, private storage, bike storage and an owned laundry room. Every unit has a private balcony, many with views of Catalina and Miraleste Hill, and the SB 721 balcony work is complete. The mix includes (16) 1/1, (5) 2/1, (2) 2/2, (2) 3/2 and (1) 2/1.5 townhome on a 20,974 SF lot. Rents are well below market, with one-bedrooms averaging $1,522 vs. $2,524 for nearby comps. Former owner-used garages and storage offer ADU potential. Not flagged by LADBS as a soft-story building. About 3 minutes from the Stairway to the Ocean, beach and tide pools.
Location
State CA
County Los Angeles
Zoning Assessor
Direction W of Meyler, on Hamilton/26th
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 7463017017
Acceptable Financing Cash
Listing Terms Cash
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Listed by Shane Young, DRE#01963090 Younglewin Advisors, Inc.
Nearby Locations
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