1120 S Leland St - Apartments FOR SALE


San Pedro, CA 90731- Central San Pedro
$2,459,000 USD
310-832-4573
1120 S Leland St, San Pedro, CA for Sale
$2,459,000 USD
Apartments - FOR SALE
1/1
null | 5.35% Cap Rate

1120 S Leland St
San Pedro, CA 90731
Central San Pedro


OVERVIEW

NO LA CITY RENT CONTROL. PROPERTY HAS A 1980 CERTIFICATE OF OCCUPANCY. SUPER CLEAN 8-Unit Apartment Building in the Highly Desirable Vista Del Oro Neighborhood –BRAND NEW ELECTRICAL SERVICE HAS BEEN INSTALLED TO ALLOW COMPETITIVE INSURANCE RATES. Located in the sought-after Vista Del Oro neighborhood, this 8-unit apartment building offers a rare investment opportunity in one of San Pedro's most coveted areas. With its prime location just minutes from picturesque parks, schools, local dining, and shopping, this property benefits from a strong rental demand and a highly desirable community atmosphere. The building is not subject to LA City rent control, providing the new owner with increased flexibility in rent pricing and long-term growth potential. Vista Del Oro’s charming, residential vibe, combined with easy access to the coast and major freeways, makes it an ideal location for both tenants and investors seeking stability and upside. Whether you are expanding your portfolio or entering the multi-family market, this property offers a unique chance to own in a neighborhood that’s known for its character, convenience, and strong sense of community. Don’t miss the opportunity to acquire a well-positioned asset in this vibrant part of San Pedro.

FOR SALE DETAILS

PRICE

$2,459,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

8

PRICE/UNIT

$307,375

CAP RATE

5.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3, L.A. County

APN/PARCEL ID

7458-014-005

ASK ABOUT THIS PROPERTY

Fred Di BernardoDi Bernardo RealtyMore Info
310-832-4573

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Fred Di BernardoDi Bernardo RealtyMore Info
310-832-4573

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