918 S Cabrillo Ave Active Save Request In-Person Tour Request Virtual Tour
San Pedro,CA 90731
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25164590
Year Built 1964
Lot Size 8,354 Sqft
Property Sub-Type Mixed Use
Property Description
Beautiful Pride-of-Ownership Property in PRIME Location!
Charming courtyard-style apartment complex with 6 spacious one-bedroom units, 2 two-bedroom units, and a long-term commercial tenant occupying 4 spaces facing 9th Street (lease secured through April 2030)...
Extensively upgraded with a new roof, main drain, garage doors, exterior paint, and renovated units. Soft-story retrofit completed.
Includes 7 private garages, additional on-site parking, and extra income from laundry and garage rentals.
Offered at an attractive 11.9 GRM and 5.6% Cap Rate on current income, with significant rental upside.***
Qualifies for favorable multifamily financing — a turnkey investment opportunity!
SEE SUPPLEMENTS FOR OFFERING MEMORANDUM AND RENT-ROLL
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Laundry Common Area
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs,Gutter(s),Street Lights,Sidewalks
Building
Lot Description Corner Lot,Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard