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Listed by Lucy Milivojevic • eXp Realty of Greater Los Angeles, Inc.
$1,900,000
Est. payment /mo
9,004 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRSB25125861
Year Built 1921
Lot Size 9,004 Sqft
Source California Regional MLS
Property Description
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
Location
State CA
County Los Angeles
Area 185 - Plaza
Interior
Heating Wall Furnace
Cooling None
Laundry In Laundry Room, Community Facility
Exterior
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 7454025010
Special Listing Condition Not Applicable , Accepting Backups
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