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Listed by Gustavo Arias, DRE #01889399 • First Team Real Estate
$1,134,000
Est. payment /mo
5,001 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26061098
Year Built 1905
Lot Size 5,001 Sqft
Source California Regional MLS
Property Description
5-unit apartment building nestled in the heart of San Pedro. | 6.56% In-Place Cap | 7.82% Pro Forma | Owner-User Optional One unit is available for showing by appointment. Please do not disturb tenants. Seller is motivated and actively seeking a near-term transaction! Flexible on structure and willing to consider terms that can materially improve buyer economics, depending on the offer. Contact the listing agent for OM, rent roll, and additional financials. Located minutes from the newly developed waterfront encompassing restaurants, entertainment, and historic sites, Metro transit lines, and major freeway access, the property benefits from consistent rental demand and long-term neighborhood momentum. This is a stabilized asset with embedded upside - offering both strong current yield and operational growth potential in one of Los Angeles' most active rental markets. Serious investors will recognize the combination of cash flow, flexibility, and location positioning.
Location
State CA
County Los Angeles
Area 193 - San Pedro - North
Interior
Laundry None
Exterior
Garage Spaces 1.0
Pool None
Building
Water District - Public
Others
Tax ID 7454005010
Special Listing Condition Not Applicable
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