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801-811 Oro Ter
San Pedro, CA 90731 Northwest San Pedro

$3,399,000 USD

Apartments For Sale  •  7,908 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,908 SF
  • Lot Size 0.44 AC
  • Building Class C
  • Year Built 1928
  • Cap Rate 4.51 %
  • Zoning RD1.5, Los Angeles
39 Transit Score
71 Walk Score

Highlights

20% Down/80% LTV assumable debt at 4.65% I/O.
BEAUTIFUL VISTA DEL ORO LOCATION, waaaay up the hill, near Palos Verdes. Unparalleled "view" potential for a Builder
19K sq. ft. lot is perfect for development
The current bungalow-style units are like small homes (back doors/utility rooms/washer & dryer)
Massive, 50% rent upside as units turnover

Property Flyers

Financial Summary (Actual)

Net Operating Income: $153,180 USD (2024)
Cap Rate: 4.51 %
Total Expenses: $82,856 USD

Amenities

  • Washer/Dryer Hookup

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 23 min - 14.3 mi
Los Angeles International 30 min - 21.1 mi
John Wayne/Orange County 46 min - 34.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: OneCarGarage
Included in Rent: Yes
Brice W. Head, MBA 310-344-8218 CBRE
Brice W. Head, MBA 310-344-8218 CBRE