918 S S Cabrillo Ave new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25163549
Year Built 1964
Lot Size 8,354 Sqft
Property Sub-Type Multi Family
Property Description
Beautiful Pride-of-Ownership Property in PRIME Location!
Charming courtyard-style apartment complex with 6 spacious one-bedroom units, 2 two-bedroom units, and a long-term commercial tenant (successful chiropractic business) occupying 4 spaces facing 9th Street (lease secured through April 2030)...
Extensively upgraded with a new roof, main drain, garage doors, exterior paint, and renovated units. Soft-story retrofit completed.
Includes 6 private garages, additional on-site parking, and extra income from laundry and garage rentals.
Offered at an attractive 11.9 GRM and 5.6% Cap Rate on current income, with significant rental upside.***
Qualifies for favorable multifamily financing — a turnkey investment opportunity!
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Zoning LA C2
Interior
Laundry Common Area
Building
Lot Description Corner Lot,Landscaped,Rectangular Lot,Walkstreet
Story 2
Water Public
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard