Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building.
Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.
Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.
Property Details
Price:
$995,000
MLS #:
SB25232251
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
185
Listed Date:
Oct 3, 2025
Total Sq Ft:
3,234
Lot Size:
6,757 sqft / 0.16 acres (approx)
Year Built:
1914
See this Listing
Schools
Interior
Cooling
NO
Laundry Features
NO
Exterior
Community Features
SUB
Parking Spots
5
Roof
CMP
Financial
Maintenance Fee
$4,824
Map
Community
- AddressW 11th Lot 6 San Pedro CA
- CitySan Pedro
- CountyLos Angeles
- Zip Code90731
Subdivisions in San Pedro
Market Summary
Current real estate data for Single Family in San Pedro as of Nov 19, 2025
94
Single Family Listed
36
Avg DOM
324
Avg $ / SqFt
$672,663
Avg List Price
Property Summary
- W 11th Lot 6 San Pedro CA is a Single Family for sale in San Pedro, CA, 90731. It is listed for $995,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1914. The average price per square foot for Single Family listings in San Pedro is $324. The average listing price for Single Family in San Pedro is $672,663.
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Courtesy of Buckingham Investments, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.W 11th Lot 6
San Pedro, CA