Perfect for a first-time homebuyer (or an investor) looking to enjoy instant value in the heart of San Pedro while catching the appreciation wave from all of the new development coming to town, this is a rare opportunity to acquire a move-in ready and amenity-rich unit with entry level pricing.
This well-maintained and beautifully updated spacious 1st level 1-bed/1-bath condo exudes resort-style living with an abundance of natural lighting, a built-in murphy bed in the living room, plenty of cabinet and closet space for additional utility, and a sliding glass door that opens to an additional 31sf exclusive-use balcony facing lush and beautiful plant life.
Pride of ownership evident throughout, the unit has been lovingly maintained by the same owner for nearly 20 years and was freshly painted and updated in 2021. Upgrades include a tastefully tiled kitchen backsplash above flowing Calacatta Gold Quartz countertops, custom plantation shutters in the living room and bedroom, blackout blinds for privacy and sound insulation, recess lighting throughout, new thermostats, updated shower backsplash, updated marble composite countertops, in-ceiling speaker and LED lighting in shower, LED mounted mirror, and a towel warmer.
THE COMMON AREAS
Unit #2 is ideally situated within the 22-unit Villa San Catalda, opening to an artfully tiled courtyard with serene water fountain and lush landscaping. You can let yourself spread out with 2 exclusive use tandem parking spaces, in-garage storage space, and additional exclusive-use storage space in-building near the elevators. You’ll sleep safe and sound with gated parking and secured entry. And you can save on the gym membership with a community gym that was upgraded in 2021 with new equipment, new floors, countertops, and bathroom upgrades. Additional amenities include a meeting room, wet bar, community library, and community laundry facility with app-based access all on the first floor (don’t worry - the laundry facility, elevator, and trash chute are all on the other side of the complex so all you’ll hear from your space is the relaxing rhythm of the water fountain). And for the practical-minded, the low HOA fee keeps expenses predictable by covering water, sewer, and trash utilities.
Just blocks away from lively Downtown San Pedro, and minutes from attractions such as the Cabrillo Marina, Brouwerij West, and the work-in-progress Waterfront Development that promises enhanced lifestyle, restaurants, and experiences, the area will benefit from waxing demand and strong economic fundamentals for the foreseeable future. San Pedro is home to North America's largest port and boasts unprecedented opportunity for further appreciation with almost 5,000 housing starts in various stages of development in and around San Pedro, and multiple commercial developments ready to break ground in Downtown and on the LA Waterfront. Less than 3 miles to the Palos Verdes Peninsula, 5 miles to Long Beach, and just 20 miles south of downtown Los Angeles, this centrally located condo is easily accessible to and from the remainder of Southern California. And unlike many condos in the area, this home is not subject to LA City RSO (according to ZIMAS - buyer to verify).
Asking Price: $460,000
Parking: 2 (Tandem)
Building: 822sf +31sf balcony (per floorplan)
HOA: San Catalda
HOA Fee: $329 (includes water, sewer, trash)
Year Built: 1978
RSO: No (per ZIMAS)
1311 South Grand Avenue, San Pedro, California 90731, United States