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Listed by: Jonathan Weir (424) 405-3855 DRE #02038545 | Marcus & Millichap (424) 405-3900
$1,550,000
10 Beds
- 8 Baths
5,180sqft
383 W 14Th St, San Pedro, CA 90731
$1,550,000
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Multi Family
Built in 1923
$-- HOA
4,807 sqft lot
$299/sq.ft
Description
We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.51% CAP rate the highest in San Pedro and a 9.74 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while one unit remains vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of appro...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
5,180 sqft
Lot Size
4,807 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25616545
MLS Status
Active
Days on Market
44
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