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$1,900,000
Est. payment /mo
5 Beds
6 Baths
Active Under Contract
601 W 13th Street San Pedro, CA 90731
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB25125861
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Gaffey and turn eastbound on 13th
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7454025010

Listed by Lucy Milivojevic eXp Realty of Greater Los Angeles, Inc.