918 S S Cabrillo Ave new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25163549
HOA Y/N No
Year Built 1964
Lot Size 8,354 Sqft
Property Sub-Type Multi Family
Property Description
Beautiful Pride-of-Ownership Property in PRIME Location!
Charming courtyard-style apartment complex with 6 spacious one-bedroom units, 2 two-bedroom units, and a long-term commercial tenant (successful chiropractic business) occupying 4 spaces facing 9th Street (lease secured through April 2030)...
Extensively upgraded with a new roof, main drain, garage doors, exterior paint, and renovated units. Soft-story retrofit completed.
Includes 6 private garages, additional on-site parking, and extra income from laundry and garage rentals.
Offered at an attractive 11.9 GRM and 5.6% Cap Rate on current income, with significant rental upside.***
Qualifies for favorable multifamily financing — a turnkey investment opportunity!
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Zoning LA C2
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Corner Lot,Landscaped,Rectangular Lot,Walkstreet
Story 2
Water Public
Others
Tax ID 7454009001
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard