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3605 Stephen M White Dr
San Pedro, CA 90731 Coastal San Pedro

$3,500,000 USD

Apartments For Sale • 9,356 SF

Property Details

Property Type Apartments
Total Building Size 9,356 SF
Lot Size 0.3 AC
Building Class C
Year Built 1959
Cap Rate 4.91 %
Zoning R3, Los Angeles

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                16 Units (15 Legal + 1 Non-Conforming Studio)
                            
                                Prime Point Fermin Coastal Location – Across from Cabrillo Beach
                            
                                First Time on Market in Decades (Rare Generational Asset)
                            
                                Current: 4.91% Cap / 11.26 GRM
                            
                                Pro Forma: 7.31% Cap / 8.66 GRM
                            
                                22%+ Rental Upside Potential

Cap Rate:

4.91 %

Amenities

Balcony
Laundry Facilities
Storage Space

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	26 min	-	15.1 mi
Los Angeles International	33 min	-	22.6 mi
John Wayne/Orange County	49 min	-	35.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Covered
Included in Rent:	Yes

Jack Patel 213-453-2572 Sage Real Estate

3605 Stephen M White Dr San Pedro, CA 90731 Coastal San Pedro