17-Bedroom ResidentialIncome — 823 W 25th Street, San Pedro, CA
$2,499,000
823 W 25th Street, San Pedro, CA
About this property
JUST REDUCED $250,000! A "Steady Eddie" investment option. Near San Pedro Harbor & the cliffs of Pt. Fermin Park. A tried-and-true investment option on one of San Pedro's better-known streets.25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South. The building has been well-maintained and rehabbed as needed, as units turnover. Also, a new roof was put on in 2024. San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach - as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery - and downtown Long Beach just across the Vincent Thomas Bridge.
Property details
Location
823 W 25th Street • San Pedro, CA 90731
Listed by
Brice Head · CBRE, Inc.