2,476 Sq.Ft.
Don't miss this opportunity to bolster your investment portfolio with a prime 4-unit apartment building in this constantly growing seaside town. This property features two free-standing bungalows and separate duplex, currently bringing in close to a 5% cap rate in San Pedro's thriving real estate market. Strong current cash flow, an excellent appreciation potential, and value-add opportunities make this property a winning addition to your portfolio.
Unlimited investor potential... add coin-op laundry facility, possible ADU for additional revenue, & rental increases over time. No lapses in rent payment throughout Covid. Public transportation nearby. Total current rents of $5,947 monthly. Each unit has its own gas & electric meter. Owner currently pays water & gardener.
Just a few minute stroll from the Ports O’ Call Village Waterfront! The second phase of this Multi-Million dollar LA Waterfront revitalization project now under way. This will bring 42 acres of new restaurants, shopping, outdoor amphitheater, office space, entertainment and dog parks... perfect for future increased rental demand and value add.
2 - 2 bedroom, 1 bath units
1 - 1 bedroom, 1 bath freestanding bungalow
1 - Studio, 1 bath freestanding bungalow
Buyer to satisfy their own investigations for all current revitalization projects, details of LA City regulations, and RSO.
3,902,440 people live in Greater Los Angeles, where the median age is 36.2 and the average individual income is $39,378. Data provided by the U.S. Census Bureau.
Total Population
Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
Average individual Income
Living in Los Angeles means enjoying year-round sunshine, miles of sandy beaches, and a diverse culinary scene that spans from high-end restaurants to trendy food trucks. For those who love the outdoors, LA offers hiking trails in the Santa Monica Mountains, surfing along the Pacific Coast, and biking on the scenic paths of Griffith Park. The city's thriving arts and culture scene is unmatched, with world-class museums like The Getty, LACMA, and countless galleries and theaters.
LA’s diverse communities provide a rich cultural tapestry, making it a welcoming city for people from all walks of life. Whether you’re drawn to the tech hubs of Silicon Beach, the creative energy of Downtown LA, or the suburban tranquility of the San Fernando Valley, Los Angeles offers a perfect balance of work and play. The city's robust job market, top-tier schools, and numerous recreational activities make it an ideal place to call home.
For real estate investors and homebuyers, Los Angeles presents an array of opportunities, from luxury beachfront properties to charming bungalows in historic neighborhoods. With its dynamic economy, scenic beauty, and unmatched lifestyle, living in Los Angeles is not just about a place to reside—it's about embracing a way of life that’s as diverse and vibrant as the city itself.
For more info, check the city website here --> Greater Los Angeles
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