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Listed by Olga Wright • Lyon Stahl Investment Real Estate, Inc.
$2,590,000
Est. payment /mo
8,354 Sqft Lot
Active
918 S Cabrillo Ave San Pedro, CA 90731
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25164590
Year Built 1964
Lot Size 8,354 Sqft
Source California Regional MLS
Property Description
Beautiful Pride-of-Ownership Property in PRIME Location! Charming courtyard-style apartment complex with 6 spacious one-bedroom units, 2 two-bedroom units, and a long-term commercial tenant occupying 4 spaces facing 9th Street (lease secured through April 2030)... Extensively upgraded with a new roof, main drain, garage doors, exterior paint, and renovated units. Soft-story retrofit completed. Includes 7 private garages, additional on-site parking, and extra income from laundry and garage rentals. Offered at an attractive 11.9 GRM and 5.6% Cap Rate on current income, with significant rental upside.*** Qualifies for favorable multifamily financing - a turnkey investment opportunity! SEE SUPPLEMENTS FOR OFFERING MEMORANDUM AND RENT-ROLL
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Laundry Community Facility
Exterior
Garage Spaces 1.0
Pool None
Building
Water District - Public
Others
Tax ID 7454009001
Special Listing Condition Not Applicable
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