564 W MACARTHUR AVE, SAN PEDRO, CA 90731

Property Description

About this home

Pride of Ownership 3plex located on a quiet residential street in San Pedro. Built in 1981, the property is NOT subject to Los Angeles City RSO, providing greater rental flexibility for ownership. The entire ground floor is occupied by a spacious fully renovated VACANT owner’s unit with two separate entrances. Property is an ideal opportunity for an owner-user or investor seeking immediate rental upside. The upper level consists of two bright and airy 2-bedroom, 1-bath units rented at $1,724 & $1,641. Recent extensive capital improvements of over $100,000, including upgraded electrical panels, plumbing , exterior paint, concrete work, new fencing, and a complete renovation of the owner’s unit with high-end finishes. Situated on a large lot with generous rear yard space, the property offers potential for ADU development to further increase income (buyer to verify). Conveniently located near shopping, dining, schools, parks, freeway access and new Waterfront Development.