577 West 4th Street
577 West 4th Street
$995,000
8
4
3,198
3,198
$311
Closed 3/24/21
Description
577 West 4th Street is a 4 unit apartment building located in the Barton Hill community of San Pedro and consists of (4) two bedroom, 1 bathroom apartments all with garages, laundry hookups and green space. This property received a new roof, new stucco, new windows and new garage doors approximately 4 years ago. Each unit has separate gas and electric meters. Demand for rentals in this community is HUGE, it's is centrally located within minutes of the LA Waterfront, shopping, restaurants, freeway...577 West 4th Street is a 4 unit apartment building located in the Barton Hill community of San Pedro and consists of (4) two bedroom, 1 bathroom apartments all with garages, laundry hookups and green space. This property received a new roof, new stucco, new windows and new garage doors approximately 4 years ago. Each unit has separate gas and electric meters. Demand for rentals in this community is HUGE, it's is centrally located within minutes of the LA Waterfront, shopping, restaurants, freeway access and much more! A 3-5 minute walk outside the door leads to Starbucks, Rite-Aid, and a plethra of shopping and restaurants. The city of San Pedro is experiencing a huge wave of development including plans for a $150 million dollar redevelopment of the San Pedro Waterfront and the Ports O’ Call Village.
577 West 4th Street is a perfect opportunity for a 1031 exchange, 1st time investor or seasoned investor alike. With a GRM of 16.6 and a CAP rate of 4.9, this is an excellent investment for your portfolio. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture upside in rents.
577 West 4th Street is a perfect opportunity for a 1031 exchange, 1st time investor or seasoned investor alike. With a GRM of 16.6 and a CAP rate of 4.9, this is an excellent investment for your portfolio. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture upside in rents.
- Listed by Mark Vinton • DRE #01322983 • Brokerage DRE #02075076 • Vylla Home, Inc.
Property Details for 577 West 4th Street
Architectural Style
Contemporary
ViewNeighborhood
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Location
LISTING UPDATED: 03/24/2021 08:34 AM
Property Details for 577 West 4th Street
Status | Closed |
---|---|
MLS # | PW21028118 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1959 |
Lot Size | 0.11 AC / 5,001 SF |
County | Los Angeles County |
Location
Building Information for 577 West 4th Street
Stories2Residences-Year Built1959Building Size-Lot Size0.11 AC / 5,001 SF
Payment Calculator
$6,538 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 577 West 4th Street
Property History for 577 West 4th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 577 West 4th Street
Taxable ValueLand$586,500Additions$484,500Total$1,071,000
Tax Record2023$13,300 ($1,108 / month)
Home Facts
Total Finished SqFt3,198 SqFtAbove Grade Finished SqFt3,198 SqFtLot Size5,001 SqFtStyleQuadraplexYear Built1959ZoningLARD1.5CountyLOS ANGELESAPN7451-027-009
Schools near 577 West 4th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Cabrillo Avenue Elementary School PublicK to 5 | ||
Richard Henry Dana Middle School Public6 to 8 | ||
San Pedro Senior High School Public9 to 12 | ||
Port Of Los Angeles High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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