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1350 W 9th Street, San Pedro, CA 90732

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For Sale

$3,749,000

22 beds14 baths12,070 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $310.60
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime 15-Unit building situated in the highly sought-after Vista Del Oro neighborhood of San Pedro, built in 1973, offers a compelling investment opportunity. The property features a diverse unit mix consisting of one 3-bed/2-bath unit, eight 2-bed/1-bath units, and six 1-bed/1-bath units. Select units include private balconies with city and harbor views. Spacious central courtyard brings in abundant natural light. There's ample tenant parking within the secure subterranean garage. This building has undergone significant capital improvements, including completed soft-story seismic retrofit, replacement of electrical breakers, new exterior paint and railings. Currently operating at a 5.0% cap rate with a 12.44 GRM, this asset offers SELLER FINANCING options and strong future upside in this desirable coastal community. Walking distance to Weymouth Corner Shopping Center and Averill Park, offers a blend of convenience, lifestyle amenities and strong future growth potential. This property is minutes from the 42-acre West Harbor redevelopment, a complete reimaging of the former Ports O' Call Village, offering restaurants, retail, fresh market, waterfront promenade, open-air amphitheater and more. ***See Supplements for Offering Memorandum***
MLS# SB25261590

Courtesy Of eXp Realty of Greater Los Angeles, Inc

(888) 652-1314

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Radiant

Map and Directions

Directions to 1350 W 9th Street, San Pedro, CA 90732
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