776 W 25th St, San Pedro, CA 90731

Property Description

An Amazing ocean views from this Brand new 3 units just completed construction. This is a property not to be missed with an estimated CAP rate of 6.53. Why buy 1 home for $2M when you can buy 3 for $2,499. The front home is massive with approximately 2261 sq.ft and roof top deck with panoramic ocean, mountain and harbor views. The rear 2 units are each close to 1900+ sq.ft. All units offer large living rooms, bedrooms and mostly en suite. All units are separately metered for Water, electricity and gas. Your cost will be Prop tax, Insurance and mtg. There are no house meters at this property. All units have central Air and heat along with paid solar panels on all units. There are many balconies and large windows providing ample light in to all rooms of the unit. Also large closets. You can leave your french doors open with incredible view of ocean and go to sleep with ocean breeze. You will not find a similar property at this price in any beach city. All stainless steel appliances and washer dryer is included for all units. The property is conveniently located with in 2 minutes of Palos Verdes and 5 minutes from 110 freeway. Take advantage of buying early before the West Harbor project in the San Pedro water front has been completed. The San Pedro West Harbor Project is a major infrastructure development initiative aimed at transforming the Port of Los Angeles' west harbor area in San Pedro, One of the primary goals is to create a vibrant, mixed-use waterfront area that includes parks, open spaces, retail areas, and public access points. The waterfront promenade will feature walking paths, cycling lanes, and potentially new docks or piers for boaters. It's expected to become a popular destination for leisure activities and waterfront dining. The rents are an estimate. The buyer must verify all aspects of the property.