740 W 21st, San Pedro, CA 90731
Property
Sold June 2022
Listing Agent: Anthony Walker (DRE #01908153) · Listing Office: Buckingham Investments, Inc · Contact: 310 982-7055 · Bought with: Samir Rai · Keystone Realty Group · MLS #SB22062727 · Source: CRMLS
About this property
Large 4-unit apartment building only blocks from Cabrillo Marina and the beach. Great unit mix with 100% large 2-bedroom, 1-bathroom units. Huge 52% upside in rents to a 11.36 GRM and a 5.4% cap rate on market rents. Off-street tuck under parking for 4 cars. Not subject to city of LA soft story retrofit program. Excellent Vista Del Oro location, blocks away from multi-million dollar LA Waterfront Redevelopment, booming downtown San Pedro, Cabrillo Marina, Angel's Gate Park, and the beach. Quiet residential street in a dense, low-vacancy market.
Listing description from the June 2022 sale, as reported to CRMLS.
Sale history