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372 W 11th St
San Pedro, CA 90731 Central San Pedro

$1,039,000 USD

Apartments For Sale  •  3,151 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,151 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1913
  • Cap Rate 5.20 %
  • Zoning LAR2
30 Transit Score
60 Walk Score

Highlights

4-unit coastal property in San Pedro, built 1913. Rents approximately 25% below market, strong upside.
Mix consists of (3) 1BR/1BA & (1) Studio + Den + Office. 2/4 units to be delivered vacant and remodeled.
Roof and plumbing replaced with permit. Electrical is GE, plumbing 90% copper.
Each unit includes one dedicated parking space. ADU potential adds 4 units, 2,140 square feet.
Separately metered for gas and electric + trash. Passed SB-721 balcony inspection.
Near the Port of LA, Minutes from West Harbor's new waterfront entertainment district, and Cabrillo Beach.
Cap Rate: 5.20 %

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 23 min - 14.3 mi
Los Angeles International 29 min - 21.1 mi
John Wayne/Orange County 45 min - 34.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Covered
Included in Rent: Yes
Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate
Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate