$2,488,000 USD
310-801-7373
918 S Cabrillo Ave
San Pedro, CA 90731
Central San Pedro
HIGHLIGHTS
- Extensive Capital Improvements - new roof, garage doors, main drain, rain gutters, exterior paint, renovated units
- Soft Story Retrofit has been completed; 7 Private Garages and Additional Parking
- Excellent unit mix of 1 and 2 Bedroom Units, plus a commercial tenant (occupying 4 spaces)
- Long tern commercial tenant exercised 5-year option through April 2030 with built-in annual rent increases.
- Property is qualified for favorable multifamily loan - see attached Loan Quote
- True Pride of Ownership property in a PRIME location
FOR SALE DETAILS
PRICE
$2,488,000 USD
PRICE/SF
$327 USD /SF
# OF UNITS
12
PRICE/UNIT
$207,333
CAP RATE
5.87%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Excellent Cash flow Turnkey Investment Deal
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1964
PARKING SPACES
7
LAND DETAILS
LAND ACRES
0.19 AC
LAND SF
8,363 SF
ZONING
C2, Los Angeles
APN/PARCEL ID
7454-009-001
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310-801-7373
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310-801-7373
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