Property
Listing Agent: Lucy Milivojevic (DRE #01757364) · Listing Office: eXp Realty of Greater Los Angeles, Inc. · Contact: 310-901-1355 · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #SB25125861 · Source: CRMLS
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
Listing description from the September 2025 sale, as reported to CRMLS.