Property Detail

Description

This exceptional 7-unit property offers a rare opportunity to own a well-located, vintage San Pedro asset with compelling in-place performance and long-term upside. Built in 1912 and spanning approximately 4,102 square feet on a 4,500-square-foot lot with alley access, the property delivers a flexible unit mix of two well-maintained 2-bedroom/1-bath residences and five inviting studios, ideal for broad tenant demand and diversified cash flow. Currently producing a cap rate of over 4.5%, it stands out as a prime addition to any investment portfolio. Enjoy a true walk-to lifestyle just moments from the Main Channel Waterfront, South Pacific Avenue's popular shops and restaurants, and nearby parks positioned in one of Los Angeles' most promising emerging beach communities.