CA > San Pedro
San Pedro, CA 90731,252 W 11th
San Pedro, CA 90731,252 W 11th
San Pedro, CA 90731,252 W 11th
13
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$995,000
Est. payment /mo
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6 Beds
6,757 Sqft Lot
Active

252 W 11th San Pedro, CA 90731

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25232251

Bedrooms 6

Lot Size 6,757 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North of 11th, East of S Centre St

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7456003012

MLS Router / San Diego MLS
Listed by Anthony Walker Buckingham Investments, Inc

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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252 W 11th

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