Well-maintained 8-unit investment opportunity situated on two adjacent parcels totaling approximately 10,802 square feet. All eight units are located on one APN, while the second APN consists of a vacant lot offering potential for future development-buyer to verify. The property has benefited from numerous improvements, including a new roof, and one unit will be delivered vacant and rent-ready. Offered at an attractive 9.8 GRM on current income, the property features low operating expenses and significant rental upside. Located in a quiet residential neighborhood of San Pedro, this is a solid investment opportunity with strong in-place income and additional long-term upside.
| MLS # | SB26207171 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1930 |
| Days On Site | 33 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Olga Wright |
| SQ Feet | 2,376 |
|---|---|
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 4 |
| Acreage | 0.12 |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Hiking, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 189 Barton Hill |
| Listing VS Median (in 90731) | |
Price: $980,000 low | high Med: $749,500 sqft: 2,376 low | high Med: 844 $ / sqft: $412 low | high Med: $888 On site: 33 low | high Med: 67 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | San Pedro |
| Zip Code | 90731 |
| Area | 189 Barton Hill |
| Listing VS Median (in 90731) | |
Price: $980,000 low | high Med: $749,500 sqft: 2,376 low | high Med: 844 $ / sqft: $412 low | high Med: $888 On site: 33 low | high Med: 67 | |