1047 W 7th St - Apartments FOR SALE


San Pedro, CA 90731- Northwest San Pedro
$1,499,900 USD
949-338-7408
1047 W 7th St, San Pedro, CA for Sale
$1,499,900 USD
Apartments - FOR SALE
1/60
null | 7.17% Cap Rate

1047 W 7th St
San Pedro, CA 90731
Northwest San Pedro


HIGHLIGHTS

  • 8 Private Single-Car Garages — Rare Amenity for Multifamily Properties
  • Fully Occupied with Immediate Cash Flow for Investors
  • Unique Bungalow-Style Courtyard Layout with Individual Unit Entrances

OVERVIEW

Fully occupied easy button for investors! Rare 8-unit bungalow-style multifamily investment opportunity in the heart of San Pedro. The property consists of eight separate units arranged around a central courtyard and includes the highly desirable benefit of eight private garages. The unit mix includes one-bedroom, two-bedroom, and studio floor plans, with several updated interiors. Located near Downtown San Pedro, the Port of Los Angeles, Cabrillo Marina, and the transformative West Harbor waterfront redevelopment project, the property is well positioned for long-term appreciation. Investors benefit from immediate cash flow, separate electric meters, a unique residential feel rarely found in multifamily assets, and additional long-term upside through future unit modernization and rental growth as leases naturally turn over.

FOR SALE DETAILS

PRICE

$1,499,900 USD

PRICE/SF

$300 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,488

CAP RATE

7.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vista Del Oro Bungalow 8-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,107 SF

ZONING

LARD1.5

APN/PARCEL ID

7458-002-024

ASK ABOUT THIS PROPERTY

Angela WeeksFirst Team Real EstateMore Info
949-338-7408

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Angela WeeksFirst Team Real EstateMore Info
949-338-7408

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