560 W 4th St - Apartments FOR SALE


San Pedro, CA 90731- Central San Pedro
$1,240,000 USD
213-442-0211
560 W 4th St, San Pedro, CA for Sale
$1,240,000 USD
Apartments - FOR SALE
1/10
null | 5.12% Cap Rate

560 W 4th St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • High Demand Rental Area
  • Delivered with 2 unit vacant for upside potential
  • On-Site Laundry Room for additional income

OVERVIEW

560 W. 4th Street is a five-unit apartment building in San Pedro, California. Built in 1980, the property is not subject to the Los Angeles Rent Stabilization Ordinance (RSO). This property features an unit mix of two 2 BD / 1 BA and three 1 BD / 1 BA units, ample parking (5 tandem plus 1 tandem garage), onsite laundry and controlled entry access. Well-located in close proximity to the amenities along the Pacific Avenue Main corridor. Set against the bustling backdrop of the Port of Los Angeles, the 400-acre rapidly emerging LA Waterfront will undergo massive redevelopment over the next several years. Stretching from Wilmington on the north end, to San Pedro along the southwest perimeter of the Port, plans are in motion to create a new public market in close proximity to emerging hubs for technology and marine science, integrating the area's rich history with an eye towards the future.

FOR SALE DETAILS

PRICE

$1,240,000 USD

PRICE/SF

$409 USD /SF

# OF UNITS

5

PRICE/UNIT

$248,000

CAP RATE

5.12%

% LEASED

-

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

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

LAR2

APN/PARCEL ID

7451-018-017

ASK ABOUT THIS PROPERTY

Kimiyasu MurayoshiHJK International, Inc.More Info
213-442-0211

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Kimiyasu MurayoshiHJK International, Inc.More Info
213-442-0211

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