CA > San Pedro
San Pedro, CA 90732,1350 W 9th ST
San Pedro, CA 90732,1350 W 9th ST
San Pedro, CA 90732,1350 W 9th ST
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$3,749,000
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0.26 Acres Lot
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1350 W 9th ST San Pedro, CA 90732

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

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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

Lot Size 0.264 Acres

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

CRMLS – RECore
Listed by Lucy Milivojevic eXp Realty of Greater Los Angeles, Inc. 310-901-1355

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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