CA > San Pedro
San Pedro, CA 90731,383 W 14th ST
San Pedro, CA 90731,383 W 14th ST
San Pedro, CA 90731,383 W 14th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,550,000
Est. payment /mo
10 Beds
8 Baths
5,180 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,180 sqft

Price per Sqft $299

MLS Listing ID 25616545

Bedrooms 10

HOA Y/N No

Year Built 1923

Lot Size 4,809 Sqft

Property Description

We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.51% CAP rate the highest in San Pedro and a 9.74 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while one unit remains vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.

Location

State CA

County Los Angeles

Area 185 - Plaza

Zoning LAR2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Uncovered

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7456021034

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Marcus & Millichap

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