675 West 11th Street

San Pedro,CA 90731

$ 1985000

- Bed

0 Bath

6992 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,992 sqft

Price per Sqft $283

MLS Listing ID PV-24210944

Year Built 1924

Lot Size 6,753 Sqft

Property Sub-Type Apartment

Property Description

Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.

Location

State CA

County Los Angeles

Area 185 - Plaza

Zoning LARD1.5

Interior

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 6.0

Pool None

Community Features Curbs

Building

Lot Description Lot 6500-9999

Sewer Public Sewer

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