1021 W 14th St - Apartments FOR SALE


San Pedro, CA 90731- Central San Pedro
$2,385,000 USD
310-447-2213
1021 W 14th St, San Pedro, CA for Sale
$2,385,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

1021 W 14th St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • • Fully Renovated Interior and Exterior
  • • Major System Upgrades Including Roof, Plumbing, and Electrical
  • • Completed Earthquake Retrofit and Walkway/Balcony Compliance Improvements
  • • Turnkey Pride-of-Ownership Asset with Strong Tenant Appeal
  • • Approximately 40% Upside in Rental Income

OVERVIEW

1021 W 14th Street is a fully renovated 6-unit apartment building located in the highly desirable Vista Del Oro neighborhood of San Pedro, offering approximately 40% upside in rental income. The property consists of a 5,886 SF building on a 6,563 SF lot with an ideal unit mix of (1) 3BR/2BA, (2) 2BR/2BA, (2) 2BR/1BA, and (1) 1BR/1BA. The entire building has been updated inside and out, featuring major capital improvements including a new roof, upgraded plumbing and electrical systems, dual-pane windows, new flooring throughout, and fresh exterior paint, along with a completed earthquake retrofit and engineered walkway/balcony compliance upgrades. Unit improvements include new heaters, appliances, lighting, fans, and modern safety features, with select units offering updated kitchens with new cabinetry and granite countertops. Additional highlights include Ring security cameras throughout and upgraded exterior landscaping systems, making this a true pride-of-ownership, turnkey multifamily investment in one of San Pedro’s most sought-after residential districts.

FOR SALE DETAILS

PRICE

$2,385,000 USD

PRICE/SF

$405 USD /SF

# OF UNITS

6

PRICE/UNIT

$397,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6-Unit Turnkey Building in Vista Del Oro

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,563 SF

ZONING

LAR2

APN/PARCEL ID

7458-023-027

ASK ABOUT THIS PROPERTY

Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

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Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.