$1,450,000 USD
310-801-7373
383 W 14th St
San Pedro, CA 90731
Central San Pedro
HIGHLIGHTS
- Strong In-Place Financials: 9.3 GRM and 7% Cap Rate on Current Income with Significant Upside Potential
- Recent Capital Improvements Include Roof, Exterior Paint, Electrical Panels, Reinforced Foundation, Plumbing; 7 of 8 Units Have Been Renovated
- Excellent Unit Mix of All 1 Bed/1Bath Units. On-site Laundry (Owned machines) and 4 Uncovered Parking Spaces
- Opportunity to Add ADUs at the Rear of the Property (Buyer to Verify)
- Strategically Located in a High-Demand Rental Pocket of San Pedro Near the New Waterfront Redevelopment Project
- Qualifies for Excellent 75% LTV Loan - Review Loan Quote
FOR SALE DETAILS
PRICE
$1,450,000 USD
PRICE/SF
$280 USD /SF
# OF UNITS
8
PRICE/UNIT
$181,250
CAP RATE
7%
% 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
1923
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,807 SF
ZONING
R4, LA County
APN/PARCEL ID
7456-021-034
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310-801-7373
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310-801-7373
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