1129 W 10th Street, San Pedro, CA 90731 – SB25233836

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$2,195,000

Est. payment - /mo

6 Beds

8,223 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25233836

Bedrooms 6

Lot Size 8,223 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Huge 8 unit campus property in one of the best parts of San Pedro at only 11.5X GRM plus a 25% upside. Great unit mix with four 2 bed units, two 1 bed units, one 3 bed, 3 bath unit, and one studio. Almost 7000 square feet of rentable space situated on over 8200 square feet of land. Large duplex structure built in 1923 plus 6 units built in 1962. 5 out of 8 units nicely remodeled from 2021 to present. 3 enclosed garages, 4 tuck under parking spaces, and 1 surface parking space for a 1:1 parking ratio. Soft story retrofit completed in 2020. Well priced on income at 11.5X GRM on actuals plus a 25% upside to 9.3X GRM and a market cap rate of 7%. Beautiful Vista Del Oro location only a few blocks from Palos Verdes in a tranquil residential area. Attractive curb appeal with street and alley access. Only 3 blocks from Providence Little Company of Mary San Pedro Hospital. Easy access to Downtown San Pedro and 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South Side of 10th, West of Leland

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 7458010027

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Listed by Anthony Walker Buckingham Investments, Inc

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1129 W 10th Street San Pedro, CA 90731

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

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