San Pedro, CA 90731 904 S Centre Street

904 S Centre Street San Pedro, CA - Image 1904 S Centre Street San Pedro, CA - Image 2904 S Centre Street San Pedro, CA - Image 3
11 more
904 S Centre Street San Pedro, CA - Image 4904 S Centre Street San Pedro, CA - Image 5904 S Centre Street San Pedro, CA - Image 6904 S Centre Street San Pedro, CA - Image 7904 S Centre Street San Pedro, CA - Image 8904 S Centre Street San Pedro, CA - Image 9904 S Centre Street San Pedro, CA - Image 10904 S Centre Street San Pedro, CA - Image 11904 S Centre Street San Pedro, CA - Image 12904 S Centre Street San Pedro, CA - Image 13904 S Centre Street San Pedro, CA - Image 14904 S Centre Street San Pedro, CA - Image 15
  • MLS# SB21164642
  • 08/16/2021
  • Request Tour
  • Request Info
Presented By: Olga Wright with Lyon Stahl Investment Real Estate, Inc. - 3108017373
  • Beds • 11
  • Baths • 11
  • SQFT • 2,760
  • Year Built • 1900

Home Details

Immaculate 11-Unit Single Room Occupancy asset located in the heart of San Pedro at 904 S Centre St. Offered at only $1.045M, new buyers can take advantage of this Value-Add property offering strong current income, as well as fantastic pro-forma numbers. The property is currently operating at 5.09% CAP, with room to grow the CAP to 7.64%. Over 20% available in monthly rental income! 904 S Centre St features a unit mix of (11) Single Room Occupancy units, offered at only $95k/Unit. These units have been upgraded including its floors, paint, countertops and appliances. There is also a laundry room on site for all tenants. The subject property is located just steps from Downtown San Pedro, an area with an ample amount of quality restaurants, shops and nightlife. There are Millions of $ worth of new developments in close proximity to the property such as the San Pedro Waterfront Promenade, as well as brand new apartment buildings, condos and retail shops. Brand new condo complex just a block away are selling an average of $850k each!
Presented By: Olga Wright with Lyon Stahl Investment Real Estate, Inc. - 3108017373

Interior Features for 904 S Centre Street

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area

General for 904 S Centre Street

Additional Parcels Y/NNo
Association Y/NNo
Co-Listing AgentCameron Samimi - BRE#02035763
Co-Listing Agent State License #02035763
Community FeaturesCurbs, Street Lights, Sidewalks, Urban
FlooringLaminate
Garage Spaces0
Garage Y/NNo
HOA Fee$0
Land Lease Y/NNo
LevelsTwo
Listing AgentOlga Wright - BRE#01315042
Listing Agent State License01315042
Lot Size Square Feet3016
MLS Area185 - Plaza
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusActive
Stories2
TermsConventional
Total Actual Rent8366
Total Units11
Water Sewer Expense0
ZoningLARD1.5

Exterior for 904 S Centre Street

Lot FeaturesFront Yard, Rectangular Lot, Walkstreet
Lot Size Acres0.07
Lot Size Area3016
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Road Frontage TypeCity Street
Total Parking0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,045,000
MLS#SB21164642
List Date 08/16/2021
Property Type Income
Phone 310.658.1749
Request Tour
Request Info
Visit My Website

Similar Properties to 904 S Centre Street