601 W 13th Street new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25125861
Lot Size 9,004 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Assessor
Building
Lot Description Curbs,Sidewalks
Story 2