Introducing an opportunity to own a 15-unit building in San Pedro's prime area of Vista Del Oro. This 12,070 square foot building built in 1973 comprises of one 3-bedroom/2-bathroom unit, eight 2-bedroom/1-bathroom units, and six 1-bedroom/1-bathroom units. Some units offer a balcony and views of city and harbor. Large courtyard to enjoy fresh air and natural lighting. Lots of tenant parking in the subterranean parking area. Soft-story retrofit has been completed. Community laundry room with owned washers/dryers and spacious cabinetry. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Financing available. Walking distance to Weymouth Corner Shopping Center and Averill Park. West Harbor build of the former Ports O'Call is expected to open in 2025, featuring 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with ample outdoor space and an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 15-unit asset in an appreciating market, driven by ongoing San Pedro developments.
Updated 11-Unit Building in Prime San Pedro Location- Vista Del Oro. This well-maintained 11-unit apartment building, built in 1980, offers a fantastic unit mix with nine spacious 1-bedroom units and two studios. The property features an owner-operated laundromat on-site, providing additional income potential. Residents enjoy the convenience of underground parking and assigned private garages located at the rear of the building. Situated in a great San Pedro location, this property is an excellent investment opportunity with strong rental demand.
The median home value in San Pedro, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in San Pedro, CA is $912,500. Approximately 33.96% of San Pedro homes are owned, compared to 58.13% rented, while 7.92% are vacant. San Pedro real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Pedro real estate agent to arrange a tour today!
San Pedro 90732 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.