Twelve Single-Story Units | Large 10,814-SF Corner Lot | Offered at $133,333 Per Unit | 11.07% Pro-Forma Cap Rate & 6.97 Pro-Forma GRM | Tremendous Value-Add Opportunity – Approximately 73% in Rental Upside | 5.20% Current Cap Rate & 12.03 Current GRM | Located Less Than 1 Mile from L.A. Waterfront and Upcoming West Harbor Development, San Pedro Promenade & Future Site of 6,200-Seat Waterfront Amphitheater | Six Detached Bungalows – Totaling (Twelve) 1-Bedroom/1-Bathroom Units | Half-Mile to World Cruise Center, Battleship USS Iowa Museum, the Los Angeles Maritime Museum & Port of Los Angeles | Large Lot Presents Future Development Potential
Property Details
Price:
$1,600,000
MLS #:
24419213
Status:
Active
Baths:
0
Address:
376 W Sepulveda Street
Type:
Residential Income
Neighborhood:
189bartonhill
City:
San Pedro
Listed Date:
Jul 24, 2024
State:
CA
ZIP:
90731
Lot Size:
10,814 sqft / 0.25 acres (approx)
Year Built:
1918
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Stories Total
1
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Community
- Address376 W Sepulveda Street San Pedro CA
- Area189 – Barton Hill
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
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376 W Sepulveda Street
San Pedro, CA
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