675 W 11th Street Active

San Pedro (los Angeles),CA 90731

$ 2299000

- Bed

- Bath

6992 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,992 sqft

Price per Sqft $328

MLS Listing ID CRPV24210944

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1924

Lot Size 6,753 Sqft

Property Description

Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Community Facility

Building

Water Public

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