918 S Cabrillo Avenue, San Pedro, California 90731
- $2,488,000
- $2,488,000
Overview
- Multi Family, Commercial Sale
- 7598 Sqft
- 1964
Description
Beautiful Pride-of-Ownership Property in PRIME Location!!! Charming courtyard-style apartment complex consisting of 8 residential units—6 one-bedroom units and 2 two-bedroom units—along 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.
Address
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Address: 918 S Cabrillo Avenue
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City: San Pedro
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State/county: CA
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Zip/Postal Code: 90731
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Country: US
Details
Updated on June 30, 2026 at 11:37 pm-
Property ID SB26022429
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Price $2,488,000
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Property Size 7598 Sqft
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Land Area 0.1918 Acres
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Year Built 1964
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Property Type Multi Family, Commercial Sale
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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County Los Angeles
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Property Type Commercial Sale
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