RE/MAX One Commercial is pleased to present a turnkey 6-unit
multifamily investment opportunity located in the heart of San
Pedro. Built in 1990, the property is exempt from Los Angeles City
Rent Control (RSO), positioning the asset for long-term income
growth in a market supported by strong rental demand.
The property has been extensively renovated with a new roof,
electrical systems, copper plumbing, water heater, and upgraded
laundry facilities. Interior improvements include remodeled kitchens
and bathrooms, hardwood flooring, recessed lighting, fresh paint, and
updated fixtures, creating a true turnkey investment with minimal
deferred maintenance. 5/6 of the units have been fully renovated.
Located in a highly walkable San Pedro neighborhood, the property
features secured gated entry and parking and is just minutes from the
$200 million West Harbor redevelopment. With convenient access to
the I-110 Freeway, the asset is well positioned to benefit from the
area's continued growth and revitalization.
PROPERTY HIGHLIGHTS:
• 6 Units: (1) 2+2, (1) 1+1, (4) Studio's
• GRM: 12.49
• CAP Rate: 5.39%
• Price/Unit: $245,833
• Price/SF: $363.57
• Zoning: LAR3