1920's Restored Classic Charm! Across from MacARTHUR Park with views of the exceptional landscape, 4 Unit Apartment Building - Value Add - Huge Upside in Rents. This 4 unit apartment building is located in a high demand rental area of San Pedro, California. Just blocks from San Pedro Plaza Park and a direct shot to the Cabrillo Beach / waterfront. This well-maintained property has an excellent unit mix consisting of 1 Bdrm 1 bath units. Each unit has its own private individual car garage. This value add deal has a tremendous upside in the rents in an area where this is a lack of rental inventory and strong demand for apartment assets. San Pedro is seeing a massive redevelopment boom.There are many factors driving this influx in development, including the revitalization of the San Pedro waterfront that envisions a town square and attractions much like San Franciscos Fisherman Wharf.This renaissance will continue to drive housing demand and increase apartment values in the market.
Off market
$1,168,300
2641 S Pacific Ave, San Pedro, CA 90731
4beds
4baths
3,446sqft
MultiFamily
Built in 1923
-- sqft lot
$1,168,300 Zestimate®
$339/sqft
$3,175 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Central, Wall
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Refrigerator, Washer
Interior area
- Total interior livable area: 3,446 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Attached
Lot
- Size: 5,000 sqft
Details
- Additional structures: Other
- Parcel number: 7465012008
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1923
Community & neighborhood
Security
- Security features: Other
Location
- Region: San Pedro
Other
Other facts
- County: Los Angeles
- Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Other, Cable, Built-Ins, Dryer, Washer
- Heating: Wall, Other
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- Cooling: Wall/Window, Air Conditioning
- ParkingGarage: Driveway - Concrete, Garage, Assigned, Private Garage, Side By Side
- SourceLotSizeArea: Vendor Enhanced
- ViewDescription: Tree Top, Other, Landmark
- SecurityFeatures: Other
- Style: Other
- Country: US
- ListingStatus: Active Under Contract
- ListingArea: San Pedro - North
- UnitTypeType: 2106, 2107, 2108, 2109
- OtherStructures: Other
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,168,300