One of the highest cap rates in a high demand rental area! This fourplex is located blocks away from Downtown San Pedro, the $100-million Ports O' Call redevelopment project, and minutes from the Ports of Los Angeles and Long Beach. All four units are occupied and consist of 2-bedrooms/1-bathroom. Numerous recent interior and exterior renovations and upgrades have been made. Exterior renovations include new asphalt parking lot, new fascia board/flashing along roof trim, a new paint job, and installation of wood fencing. Interior renovations and upgrades-- three of the four units have been completely renovated with completely updated kitchens, bathrooms, and laminate flooring throughout. All units have interior washer/dryer hookups and there are 10 open tandem parking spaces in the rear parking lot.