7.35% Cap Rate going in! 8.61 GRM going in! 601 W 13th Street is a well-maintained 11-unit property situated on a 9,002 square foot lot. It currently features six single units, one 1bed/1-bath, two 2-bed/1-bath, one 3-bed/1-bath, and one 3-bed/2-bath units. The total rentable square footage is 5,331 with four of the eleven units currently vacant. This opportunity is located on a corner lot with permitted zoning being LARD1.5 Favorable Unit Mix: Eleven units comprised of an appealing unit mix of six singles, one 1-bed/1-bath, two 2-bed/1-bath, one 3-bed/1-bath, and one 3-bed/2-bath units. Prime Investment Opportunity: This multifamily property in San Pedro offers an investment opportunity to capture immediate significant rental and equitable upside. Proximity to Development Projects: The property is strategically located near San Pedro's major development projects, such as the Los Angeles Waterfront Development, offering future growth and increased demand. Value-Add Potential: Four vacant units that can be rented out for immediate rental upside