252 West 11th Street, San Pedro, CA
Multi-family for Sale - $695,000 - 3,234 Sq. Ft. on 0.16 acres
Property Info
CIMLS# | 829456 |
Location 252 West 11th Street San Pedro CA 90731 | |
Updated | February 22nd, 2017 |
Type | Multi-family |
Price | $695,000 |
Building | 3,234 Sq. Ft. |
Land | 0.16 acres |
Property Description
VALUE-ADD OPPORTUNITY! KW Commercial is pleased to present a 5-unit apartment complex located in the City of San Pedro, California. The property is a 3,234 sq. ft. apartment building on a 6,757 sq. ft. lot. The unit mix consists of three studios, one 2-bedroom, and one 3-bedroom units.
The property is situated just one block from Ports O'Call Village. Ports O'Call Village is lined with an intriguing, assortment of shops and restaurants along a brick pathway that follows the main channel of the Port of Los Angeles. The property's ideal location places tenants with close proximity to fine dining, shopping and a wide range of entertainment opportunities. Located in a great rental area of San Pedro, the property boasts strong demand from tenants.
Location Description:
San Pedro is a neighborhood in the South bay submarket of Los Angeles County, California. Located approximately 24 miles from Downtown Los Angeles, San Pedro is known as being the home for the Port of Los Angeles, a major international seaport that serves as one of the major ports of the Western United States. The city is known for it's maritime trade to becoming primarily a working class community within the City of Los Angeles.
Highlights:
>> One block from Ports O'Call Village
>> Close proximity to retail amenities
>> Prime San Pedro location
>> Dense apartment rental market of San Pedro
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Financials
Sales Info:
>> Commision split: 3.0%