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

$3,500,000 USD

Multifamily For Sale  •  9,356 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 9,356 SF
  • Year Built 1959
  • Cap Rate 4.91 %
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 %

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 26 min - 15.8 mi
Los Angeles International 33 min - 22.7 mi
John Wayne/Orange County 49 min - 36.0 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
Jack Patel 213-453-2572 Sage Real Estate