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$ 1,985,000
Est. payment /mo
Price Dropped by $314K
675 W 11th Street San Pedro, CA 90731
3 Beds
4 Baths
6,753 Sqft Lot
UPDATED:
01/15/2025 09:07 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV24210944
Bedrooms 3
HOA Y/N No
Lot Size 6,753 Sqft
Property Description
Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.
Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.
Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.
Location
State CA
County Los Angeles
Area San Pedro (90731)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional
Space Rent $1,827
Listing Terms Cash, Conventional
Listed by Nicole Pletkovich • Keller Williams Realty
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