Property
Listing Agent: Jonathan Weir (DRE #02038545) · Listing Office: Marcus & Millichap · Contact: 424-405-3900 · Bought with: Jonathan Weir · Marcus & Millichap · MLS #23278077 · Source: CRMLS
We are pleased to present this one of a kind architectural masterpiece. This 7 unit multifamily compound consist of 2 standalone houses ( a 4 bedroom and 3 bedroom ) , four 1 bedroom units, and a studio. The property sits on a corner lot just over 11,500 sqft with access from the alley, Meyler St, and 10th St. The property is located in the Vista Del Oro Neighborhood in San Pedro , one of the most sought after neighborhoods and is unlike any other multifamily property listed for sale. Unlike traditional two story walk up apartment buildings, this property boast lush courtyards, private entrances for each unit, and potential room to redevelop or expand units. The property has estimated 45% upside in rents and is perfect for a new investor or seasoned investor.
Listing description from the September 2023 sale, as reported to CRMLS.