1350 W 9th ST new Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90732
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25261590
HOA Y/N No
Year Built 1973
Property Sub-Type Apartment
Property Description
Prime 15-Unit building situated in the highly sought-after Vista Del Oro neighborhood of San Pedro, built in 1973, offers a compelling investment opportunity. The property features a diverse unit mix consisting of one 3-bed/2-bath unit, eight 2-bed/1-bath units, and six 1-bed/1-bath units. Select units include private balconies with city and harbor views. Spacious central courtyard brings in abundant natural light. There's ample tenant parking within the secure subterranean garage. This building has undergone significant capital improvements, including completed soft-story seismic retrofit, replacement of electrical breakers, new exterior paint and railings. Currently operating at a 5.0% cap rate with a 12.44 GRM, this asset offers SELLER FINANCING options and strong future upside in this desirable coastal community. Walking distance to Weymouth Corner Shopping Center and Averill Park, offers a blend of convenience, lifestyle amenities and strong future growth potential. This property is minutes from the 42-acre West Harbor redevelopment, a complete reimaging of the former Ports O' Call Village, offering restaurants, retail, fresh market, waterfront promenade, open-air amphitheater and more. ***See Supplements for Offering Memorandum***
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Heating Radiant
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area,Laundry Room
Exterior
Parking Features Underground,Gated
Garage Spaces 25.0
Garage Description 25.0
Pool None
Community Features Curbs,Street Lights
Total Parking Spaces 25
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7459019024
Energy Description 4200.0
Acceptable Financing Owner May Carry,Private Financing Available,Submit
Listing Terms Owner May Carry,Private Financing Available,Submit
Special Listing Condition Standard