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1117 S Centre Street, San Pedro, CA

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1117 S Centre Street

San Pedro, CA 90731-4252 - Central San Pedro MF Submarket

Property Type:Multi-Family Number of Units:12 Status:Existing Year Built:1923
Stories:- Building Size:3,624 SF Land Area:.1 AC (4,500 SF)
For Sale Price:$1,199,000 Price/Unit:$99,916.67 Cap Rate:3.54 % GRM:14.17


Sale Notes:
A well-maintained asset near Ports O' Call. Newer windows and a secured entry lead to12 units inside this vintage building. The property sits on San Pedro's West-side, near one of LA's largest employers - The Port of LA. The property boasts a new drainline, copper plumbing and units that have been redone, over the years. The building is master-metered for gas and electric.
The building is just blocks from Ports O' Call and downtown Pedro, much of which is a historical redevelopment area. A ground floor opportunity in a gentrifying LA submarket. Just minutes to 2 of greater LA's largest employers - the Ports of LA and LB, as well Exxon/Mobil and other oil/gas and aerospace companies in South Torrance, Wilmington and Carson.

Between the Port of LA to the East and Gaffey, to the West.

RE/MAX Commercial & Investment Realty
Brice Head
(310) 802-2520

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