Contact Xavier Gomez
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918 Cabrillo Avenue, San Pedro, CA 90731
Priced at Only: $2,488,000
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Address: 918 Cabrillo Avenue, San Pedro, CA 90731
Property Location and Similar Properties
- MLS#: SB26022429 ( Multi Family )
- Street Address: 918 Cabrillo Avenue
- Viewed: 1
- Price: $2,488,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 49
- Additional Information
- County: LOS ANGELES
- City: San Pedro
- Zipcode: 90731
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Olga Olga

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DescriptionBeautiful Pride of Ownership Property in PRIME Location!!! Charming courtyard style apartment complex consisting of 8 residential units6 one bedroom units and 2 two bedroom unitsalong with 4 street facing commercial spaces on 9th Street, occupied by a long term tenant (lease in place through April 2030 with built in annual increases). **Major capital improvements include: soft story retrofit, new roof, upgraded main drain, new garage doors, exterior repainting, and interior unit renovations. The property has 6 private garages, additional on site parking, and common laundry facilities. **Offered at an attractive 11.1 GRM and 5.9% cap rate on existing income, the property also presents clear upside potential through future rent growth. This turnkey property offers a compelling mix of residential stability and commercial frontage in a high visibility, desirable location. ** Qualifies for favorable multifamily financing, making this a turnkey opportunity for investors seeking long term performance with minimal maintenance and easy management.
Features
Assetclass
- Multi-Family
- Office
- Retail
- Specialty
Building Area Total
- 7598.00
Commoninterest
- Community Apartment
Country
- US
Current Financing
- Conventional
Current Use
- Investment
Land Use
- Multi-Family
- Office
- Other
- Retail
Laundry Features
- Community
Netoperatingincome
- 146143.00
Parcel Number
- 7454009001
Property Type
- Multi Family
Totalexpenses
- 71062.00
Water Source
- Public
Year Built
- 1964
Year Built Source
- Assessor
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com
















