884 W 11th St - Apartments FOR SALE


San Pedro, CA 90731- Central San Pedro
$898,000 USD
310-801-7373
884 W 11th St, San Pedro, CA for Sale
$898,000 USD
Apartments - FOR SALE
1/16
null | 4.7% Cap Rate

884 W 11th St
San Pedro, CA 90731
Central San Pedro


HIGHLIGHTS

  • Well Maintained 3Plex with Excellent Unit Mix of 2 and 1 Bedroom Units
  • Recent Capital Improvements Include New Deck, Three New Water Heaters, New Roof on the Back Unit and Roof Repairs on the Front
  • Four Garages Bring Additional $404/Mo. Income. Garages Present a Perfect ADU Conversion Opportunity
  • Minimum Expenses. Separately Metered for All Utilities; Landlord Pays Only DWP
  • Prime Vista Del Oro Location
  • Next RENT INCREASE for all units is due Feb 2026

OVERVIEW

Exceptional investment opportunity in one of San Pedro’s most desirable neighborhoods. This well-maintained triplex features an excellent unit mix of spacious two- and one-bedroom apartments, ideal for strong and stable rental income (rents are 1-bed: $1,625 and $1,450, 2-bed: $1,178) ALL units are due for RENT INCREASE in Feb 2026. The property also includes 4 garages generating an additional $404/month in income. Garages are on separate rental agreements. These garages offer an excellent ADU conversion opportunity for future value-add potential. Recent capital improvements include a brand-new deck and three new water heaters, new roof on the back building and other improvements ensuring low maintenance for years to come. Each unit is separately metered for all utilities, with the landlord paying only DWP. Located in the highly sought-after Vista Del Oro area, the property provides easy access to parks, shopping, and local amenities — making it attractive to both residents and investors alike.

FOR SALE DETAILS

PRICE

$898,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

3

PRICE/UNIT

$299,333

CAP RATE

4.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LARD2

APN/PARCEL ID

7454-015-019

ASK ABOUT THIS PROPERTY

Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

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Olga WrightLyon Stahl Investment Real EstateMore Info
310-801-7373

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