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Listed by: Gianluca Jacoli (310) 593-9861 DRE #01938297 | Shield CRE, Inc. (310) 593-9869
$1,400,000
8 Beds
- 8 Baths
3,237sqft
349 W Amar St, San Pedro, CA 90731
$1,400,000
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Multi Family
Built in 1923
$-- HOA
8,100 sqft lot
$432/sq.ft
Description
Price reduced by $175,000. This exceptional investment opportunity features two adjacent fourplexes in the heart of San Pedro, California, each with its own Assessor's Parcel Number, comprising a total of eight single-story one-bedroom, one-bathroom units on a spacious 8,100 square-foot combined lot. Currently delivering strong financial performance with a 6.57% cap rate and 10.43 gross rent multiplier, the property offers significant upside potential, projecting a 9.57% pro-forma cap rate and 7.88 pro-forma GRM through targeted rent increases and enhancements. Its prime location, less than one mile from the iconic Los Angeles Waterfront, the transformative West Harbor ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
3,237 sqft
Lot Size
8,100 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25602903
MLS Status
Active
Days on Market
73
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