CA > San Pedro
San Pedro, CA 90731,1129 W 10th ST
San Pedro, CA 90731,1129 W 10th ST
San Pedro, CA 90731,1129 W 10th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,195,000
Est. payment /mo
8,224 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25233836

HOA Y/N No

Year Built 1923

Lot Size 8,224 Sqft

Property Sub-Type Apartment

Property Description

Huge 8 unit campus property in one of the best parts of San Pedro at only 11.5X GRM plus a 25% upside. Great unit mix with four 2 bed units, two 1 bed units, one 3 bed, 3 bath unit, and one studio. Almost 7000 square feet of rentable space situated on over 8200 square feet of land. Large duplex structure built in 1923 plus 6 units built in 1962. 5 out of 8 units nicely remodeled from 2021 to present. 3 enclosed garages, 4 tuck under parking spaces, and 1 surface parking space for a 1:1 parking ratio. Soft story retrofit completed in 2020. Well priced on income at 11.5X GRM on actuals plus a 25% upside to 9.3X GRM and a market cap rate of 7%.

Beautiful Vista Del Oro location only a few blocks from Palos Verdes in a tranquil residential area. Attractive curb appeal with street and alley access.
Only 3 blocks from Providence Little Company of Mary San Pedro Hospital. Easy access to Downtown San Pedro and 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.

Location

State CA

County Los Angeles

Area 183 - Vista Del Oro

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Carport Spaces 4

Garage Description 3.0

Fence Block, Wrought Iron

Pool None

Community Features Suburban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition,None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Faces North

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 7458010027

Energy Description 2435.0

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Anthony Walker Buckingham Investments, Inc 310-561-4776

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