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Listed by Olga Wright • Lyon Stahl Investment Real Estate, Inc.
$ 2,497,000
Est. payment /mo
Price Dropped by $83K
918 S Cabrillo Ave San Pedro, CA 90731
7,598 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 7,598 sqft
Price per Sqft $328
MLS Listing ID SB-25164590
Year Built 1964
Lot Size 8,354 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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 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 7 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!
SEE SUPPLEMENTS FOR OFFERING MEMORANDUM AND RENT-ROLL
Charming courtyard-style apartment complex with 6 spacious one-bedroom units, 2 two-bedroom units, and a long-term commercial tenant 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 7 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!
SEE SUPPLEMENTS FOR OFFERING MEMORANDUM AND RENT-ROLL
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Laundry Community
Exterior
Garage Spaces 1.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description Corner Lot, Rectangular Lot
Sewer Public Sewer