3922 S Pacific Ave - Apartments FOR SALE


San Pedro, CA 90731- Coastal San Pedro
$2,995,000 USD
626-657-7575
3922 S Pacific Ave, San Pedro, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/14
null | 3.25% Cap Rate

3922 S Pacific Ave
San Pedro, CA 90731
Coastal San Pedro


HIGHLIGHTS

  • Stunning Ocean Views
  • Charming Coastal Neighborhood
  • Well Maintained Units
  • Well Utilized Floorplans
  • Located near restaurants, shopping and entertain at West Harbor Port of LA

OVERVIEW

The Pacific Apartments is located in one of Southern California’s most charming coastal neighborhoods. The property features breathtaking ocean views and is walking distance to the coast. The building includes 8 units, consisting of two 2 bedroom 1 bath units and six 1 bedroom 1 bath units. The units include an open floorplan and various upgrades throughout. The property is conveniently located near local dining, shops and just a short drive from the beautiful Terranea resort in Rancho Palos Verdes. This pocket of San Pedro is both quaint and cozy, being so close to the water and adjacent to Cabrillo Beach. Just nearby is also the new and improved West Harbor Port of Los Angeles, featuring an amusement park, restaurants, the West Harbor amphitheater and much much more. This is a unique opportunity to invest in a premier coastal location with strong rental demand and long-term upside potential.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$680 USD /SF

# OF UNITS

8

PRICE/UNIT

$374,375

CAP RATE

3.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,103 SF

ZONING

RD2

APN/PARCEL ID

7467-023-012

ASK ABOUT THIS PROPERTY

Jack BaboudjianBaboudjian Properties, Inc.More Info
626-657-7575

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Jack BaboudjianBaboudjian Properties, Inc.More Info
626-657-7575

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