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252 W 11th, San Pedro, CA 90731

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For Sale

$995,000

6 beds • 7 baths • 3,234 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $307.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.
MLS# SB25232251

Courtesy Of Buckingham Investments, Inc.

(310) 982-7055

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 252 W 11th, San Pedro, CA 90731

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.