$1,250,000 USD
310-982-7055
1509 S Palos Verdes St
San Pedro, CA 90731
Central San Pedro
HIGHLIGHTS
- Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, d
- Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail
- Only a few blocks from Cabrillo Marina and Cabrillo Beach
OVERVIEW
Large 1989 construction non-rent controlled (RSO) triplex with all 3 bed, 2 bath units. Each unit has almost 1200 square feet, in unit laundry, modern layouts, and a separate 2 car garage for 6 garaged parking spaces total. Two out of three units updated in the last 3 years. Very well priced at 12.46X GRM on actuals plus a 26% upside to a GRM of 9.6X and a 6.2% cap rate at market rents.
FOR SALE DETAILS
PRICE
$1,250,000 USD
PRICE/SF
$352 USD /SF
# OF UNITS
3
PRICE/UNIT
$416,667
CAP RATE
4.2%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
1509 S Palos Verdes St
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1989
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7456-020-014
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310-982-7055
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310-982-7055
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