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581 Bonita Street, San Pedro, CA

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581 Bonita Street

San Pedro, CA 90731-2050 - Central San Pedro MF Submarket

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1964
Stories:- Building Size:3,300 SF Land Area:.12 AC (5,097 SF)
For Sale Price:$699,000 Price/Unit:$174,750.00 Cap Rate:4.00 % GRM:14.90

Parking:1.21 Parking Spaces / 1,000 SF

Sale Notes:
A value-add opportunity in a primarily residential pocket of San Pedro. With SFR's up-and-down the street and a newer subdivision next door this asset is truly a ground-floor opportunity . . . as a multifamily asset or a development deal. The asset is made up of four 2 Bed/1 Bath units on a 5,097 square foot lot zoned LAR2. Separate gas and electric meters.

Part of a 2 buildings portfolio - can be sold together or separately. 1401 S Pacific Coast Highway in Harbor City is the other building in the portfolio: 7 apt. units and 3 retail spaces listed at a 6.5% cap rate.

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

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