$1,195,000 USD
310-982-7055
684 W 23rd St
San Pedro, CA 90731
Coastal San Pedro
HIGHLIGHTS
- Beautiful Point Fermin location only 3 blocks to Cabrillo Marina and a few blocks to Cabrillo Beach
- Less than a mile from the massive 42 acre West Harbor LA Waterfront development with 1+ mile of waterfront access and 375,000 sqft of entertainment
- Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail
OVERVIEW
Large 1999 construction non-rent controlled (RSO) triplex with 100% townhome style units. Extra large 2 story owner's unit in front with 3 beds and 2.5 baths plus attached 2 car garage. Two more large 2 story townhome style units in rear with 2 beds and 1.5 baths each. Parking lot in rear with 4 spaces for rear units. Well priced at 13.7X GRM on actuals plus a 27% upside to a GRM of 10.8X and a 6% cap rate at market rents.
FOR SALE DETAILS
PRICE
$1,195,000 USD
PRICE/SF
$366 USD /SF
# OF UNITS
3
PRICE/UNIT
$398,333
CAP RATE
11.19%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
684 W 23rd
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1999
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7465-001-028
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310-982-7055
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310-982-7055
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