2023 2029 S Crescent Avenue, San Pedro, California 90731, San Pedro, 90731 - 4 bed, 4 bath
ACTIVE$985,000
2023 2029 S Crescent Avenue, San Pedro, California 90731
4Beds
4Baths
1,920Sqft
5,050Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: Fully leased quadruplex provides immediate rental income.
Top Cons:
As-Is Condition: Sold "AS IS", potentially requiring immediate repairs or upgrades.
Compared to the nearby listings
Price:$985.0K vs avg $1.06M ($-79,500)43%
Size:1,920 sqft vs avg 2,371 sqft33%
Price/sqft:$513 vs avg $42562%
More Insights
Built in 1920 (105 years old).
Condition: The property was built in 1920 and is being sold "AS IS". The images show aged interiors with outdated kitchens and bathrooms. While the units appear functional, they would benefit from updates. Given the age and condition, a 'fair' rating is appropriate.
Year Built
1920
Close
-
List price
$985K
Original List price
$985K
Price/Sqft
$513
HOA
-
Days on market
-
Sold On
-
MLS number
GD25071358
Home ConditionFair
Features
Good View: Marina
ViewMarina
About this home
Quadruplex or Fourplex Bungalows Rental units. Front unit has San Pedro Cabrillo Marina view, Rear Alley access with parking area for 3 to 4 Vehicles Large or Compact. Each unit is individually metered for gas, Electricity as well separate trash bins. Across from 22nd Street Park & Recreation Area, Bike Path and so forth. Actual structures measurements indicate 2,070+/- sq. f.t Fully Leased units Close proximity to Employment, Retail, Entertainment and the San Pedro Cabrillo Mariana. Sold "AS IS" Trust Sale. family selling after many many years. Call for detailed marketing brochure
Condition Rating
Fair
The property was built in 1920 and is being sold "AS IS". The images show aged interiors with outdated kitchens and bathrooms. While the units appear functional, they would benefit from updates. Given the age and condition, a 'fair' rating is appropriate.
Pros & Cons
Pros
Income Potential: Fully leased quadruplex provides immediate rental income.
Location: Close proximity to employment, retail, entertainment, and the San Pedro Cabrillo Marina, increasing tenant appeal.
Separate Utilities: Each unit is individually metered for gas and electricity, simplifying management and tenant billing.
Cons
As-Is Condition: Sold "AS IS", potentially requiring immediate repairs or upgrades.
Year Built: Built in 1920, the property may require ongoing maintenance and potential upgrades to meet modern standards.