$1,695,000

Multi Family In San Pedro

  • 2 Beds
  • 3 Baths
  • 5,001 Sqft lot
  • Updated: April 7
  • Source:
    San Diego MLS  MLS#SB26029816

About the Property

High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached inco
High yield 10 unit property one block from Downtown San Pedro for only $169K/door. 8.5X GRM on actual rents with an in-place cap rate of 6%, plus upside to a market cap rate of 7.1%. 8 out of 10 units remodeled in the last 5 years plus brand new separate electrical meters, main panel, and wiring at a cost of over $100K. RUBS income already in-place for a super low expense building. 4 detached income generating garages at the rear of the property present ADU potential. Only 1 block from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from the massive 42 acre West Harbor LA Waterfront Development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Minutes away from Cabrillo Marina and Cabrillo Beach, Palos Verdes, and the Port of LA. Walk Score 93/100.
  • Property type

    Other

  • Floors

    2

Explore the Area

626 W 7th, Los Angeles, California, United States View on Google Maps
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Buckingham Investments, Inc - Torrance

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Buckingham Investments, Inc - Torrance
California, United States
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10
Listings
2025
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Buckingham Investments, Inc - Torrance
Torrance, California, United States
View agency profile
Last updated
April 7
First listed
Feb 10
Listing reference
SB26029816
Listing status
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