635 W 15th St - Apartments FOR SALE


San Pedro, CA 90731- Central San Pedro
$3,350,000 USD
424-558-0476
635 W 15th St, San Pedro, CA for Sale
$3,350,000 USD
Apartments - FOR SALE
1/18
null | 4.23% Cap Rate

635 W 15th St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Located just a few miles from West Harbor
  • 17 parking spaces

OVERVIEW

No LA rent control! Positioned in a prime San Pedro location, this 13-unit multifamily investment opportunity offers strong income potential with an attractive unit mix of nine (9) one-bedroom units and four (4) two-bedroom units. The property features community laundry facilities, seventeen (17) on-site parking spaces. One unit is currently vacant, presenting immediate upside potential for an owner-user or the opportunity to achieve market rental rates. Ideally situated near the rapidly evolving San Pedro waterfront, the property benefits from close proximity to the highly anticipated West Harbor redevelopment — an over $150 million, 42-acre waterfront destination planned to include restaurants, shopping, fresh markets, office space, a scenic promenade, and an open-air amphitheater for live entertainment. This transformative development is expected to continue driving demand and long-term growth throughout the area, making this an exceptional opportunity for investors seeking both current cash flow and future appreciation potential.

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

13

PRICE/UNIT

$257,692

CAP RATE

4.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,006 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

7454-031-032

ASK ABOUT THIS PROPERTY

Nicole PletkovichKeller Williams Realty L.A. HarborMore Info
424-558-0476

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Nicole PletkovichKeller Williams Realty L.A. HarborMore Info
424-558-0476

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