801 Oro Terrace
San Pedro, CA 90731
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1928 build
- – on site
BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes.Unparalleled "view" potential for a Builder.Unique, large, highly elevated, 19K square foot street-to-alley lot, affording a builder 12 condo or townhome potential with unobstructed views of the harbor, LA Basin and beyond. Maybe even more than 12. Zoning is LARD1.5. Buyer to verify. Currently, it's 12 charming, Spanish, bungalow-style units with tons of "old-school" charm - coved ceilings, arched doorways, original, resurfaced hardwood floors, walk-in closets, tile kitchens and baths.and a utility room with washer/dryer hookups in every unit. Mature, king palm trees line the walkways, around a water feature. The roofs were recently replaced, garage doors, also.The $150MM, 42 acre, West Harbor aka "Waterfront Redevelopment" and 35 acre AltaSea Science Center make San Pedro one of LA's most dynamic investment markets. And of course, it's home to one of LA County's largest employers, The Port of LA. An already-stable renting base that is only getting stronger.ASSUMABLE LOAN:80+% LTV assumable note of $2,770,000 at 4.65% Interest-Only. Principal paydown amounts of $100K each May and December. Due Feb 2033.*SELLER WILL LIKELY ALLOW "CASH-FOR-KEYS" DIALOGUE WITH THE TENANTS DURING ESCROW.EXCLUSIVELY LISTED AT $3,399,000.
Last checked:
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Last updated Dec 16, 2024
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MLS# 24471587 —
The Building
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Year Built:1928
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New Construction:No
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Building Area Total:7908.00
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Total Number Of Units:12
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# of Buildings:2
Interior
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Features:Ceiling Fan(s)
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Levels:One
Location
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Directions:On Oro Terrace, between 7th & 9th St.
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Latitude:33.73685400
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Longitude:-118.30227100
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:18985.0000
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Lot Size Acres:0.4358
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Lot Size SqFt:18985.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7458004015
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Attached Carport
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/11/24
Dec 11, 2024
|
Listed / Active | CRMLS_CA | $3,399,000 | 3.0% (1.6% / YR) |
|
2/8/23
Feb 8, 2023
|
CRMLS_CA | $3,300,000 | -2.9% | |
|
12/14/22
Dec 14, 2022
|
CRMLS_CA | $3,399,000 |
