Property Description
We are pleased to present this fourplex in the Point Fermin area of San Pedro! The unit mix consists of four 2+1 units with one unit having an ocean view. The investment consists of approximately 3,672 of rentable square feet and is situated on an approximately 6,092 square foot parcel. Recent property upgrades include new vinyl windows throughout, a newer roof and new water heaters in each unit. The building amenities include a large driveway with 4 carport spaces. Each unit includes an in-unit washer & dryer and some of the units have been renovated. All units are due for a 4% rent increase upon a new buyer taking over the property. The property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance. Point Fermin is a very popular destination for renters as this location consists of mainly single family homes and smaller residential properties. The building is 2 miles from the new Ports O
Hills, Creek/stream, Coastline
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Other
CA
Santa Barbara
Carpinteria
Rancho Monte Alegre
93013
1820 Santa Monica Road
0
W120° 28' 18.1''
N34° 25' 1.2''
CPTA - Carpinteria
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0
0 Sqft
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8
Take 101 toward Carpinteria and exit Santa Claus and go south on Villa Real toward Santa Monica. Follow the road all the way to the gate.
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1
1
kerrym@coastalranch.com
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155170053
Standard
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AG-I-20
Out Of Area Board
Berkshire Hathaway HomeServices California Properties

Land For Sale

1820 Santa Monica Road, Carpinteria, California 93013

1,726,280 Sqft
$29,000,000
Listing ID #24353557
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 24353557
Price : $29,000,000
Lot Area : 1,726,280 Sqft
Status : Active
Agent Info
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