823-831 W 25th St - Apartments FOR SALE


San Pedro, CA 90731- Coastal San Pedro
$2,749,000 USD
310-344-8218
823-831 W 25th St, San Pedro, CA for Sale
$2,749,000 USD
Apartments - FOR SALE
1/15
null | 6% Cap Rate

823-831 W 25th St
San Pedro, CA 90731
Coastal San Pedro


OVERVIEW

A "Steady Eddie" investment option. Near San Pedro Harbor & the cliffs of Pt. Fermin Park. A tried-and-true investment option on one of San Pedro's better-known streets. 25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South. The building has been well-maintained and rehabbed as needed, as units turnover. Also, a new roof was put on in 2024. San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach - as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery - and downtown Long Beach just across the Vincent Thomas Bridge. EXCLUSIVELY LISTED AT $2,749,000. Call or email brice.head@cbre.com, with questions or interest.

FOR SALE DETAILS

PRICE

$2,749,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

10

PRICE/UNIT

$274,900

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,960 SF

ZONING

LARD2

APN/PARCEL ID

7463-013-028

ASK ABOUT THIS PROPERTY

310-344-8218

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310-344-8218

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