Contact Xavier Gomez
Schedule A Showing
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#: SB26022408 ( Commercial/Residential )
- Street Address: 918 Cabrillo Avenue
- Viewed: 2
- 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

- DMCA Notice
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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. SEE SUPPLEMENTS FOR RENT ROLL & LOAN QUOTE
Features
Assessments
- None
Association Fee
- 0.00
Building Area Total
- 7598.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 39
Electric Expense
- 3189.00
Fuel Expense
- 2082.00
Garage Spaces
- 7.00
Gardner Expense
- 2426.00
Insurance Expense
- 8737.00
Laundry Features
- Community
Lockboxtype
- None
Lot Features
- Corner Lot
- Park Nearby
- Walkstreet
Netoperatingincome
- 146143.00
Newtaxesexpense
- 29607.00
Number Of Separate Electric Meters
- 12
Number Of Separate Gas Meters
- 12
Parcel Number
- 7454009001
Pest Control Expense
- 571.00
Pool Features
- None
Professionalmanagementexpense
- 10503.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 455702714:CRM
Taxblock
- 26
Tenant Pays
- Electricity
- Gas
Totalactualrent
- 18485.00
Totalexpenses
- 71062.00
Trash Expense
- 4908.00
Vacancyallowance
- 6655
Water Sewer Expense
- 3189.00
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

















