918 S Cabrillo Ave Active Save Request In-Person Tour Request Virtual Tour
San Pedro (los Angeles),CA 90731
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,598 sqft
Price per Sqft $340
MLS Listing ID CRSB25164590
HOA Y/N No
Year Built 1964
Lot Size 8,354 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Corner Lot,Other