$3,725,000
966 W 11th St, San Pedro, CA 90731
24 Beds
20 Baths
13,014 SqFt

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966 W 11th Street is a 16 Unit Near Downtown San Pedro. The property totals 13,014-square feet and sits on a 12,151-square foot lot. The subject property is being offered at $286.23/PSF and at $232,81/Per Unit. The subject property has roughly 33% in rental upside. Parking consists of 17 gated entry spaces. Three units are Section 8 tenants and there are currently two vacancies. The Unit Mix consists of (9) 1-Bd/1-Ba units, (3) 2-Bd/2-Ba units, (3) 2-Bd/1-Ba units, and (1) 3-Bd/2-Ba unit. This is a unique opportunity to purchase a large multifamily asset located in the rapidly growing San Pedro sub-market. Property is under Los Angeles Rent Control. To the best of our knowledge it is worth noting that there are several non-paying tenants.
  • Price:
  • $3,725,000
  • Bedrooms:
  • 24
  • Square Footage:
  • 13,014
  • Acreage:
  • 0.28
  • Year Built:
  • 1973
  • Listing ID #:
  • 22179039
  • Street Address:
  • 966 W 11th St
  • City:
  • San Pedro
  • State:
  • California
  • Postal Code:
  • 90731
  • County:
  • Los Angeles
  • Community:
  • Vista Del Oro
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 13014
  • Building Faces:
  • West
  • Building Security:
  • Security Gate
  • Number Of Units:
  • 16
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 13014
  • Year Built:
  • 1973
  • Year Built Source:
  • Estimated
  • Gross Income:
  • 291228
  • Net Operating Income:
  • 186888
  • Approximate Lot Size Range Source:
  • Estimated
  • Conforms To Zoning:
  • Lard2
  • Lot Size:
  • 12151
  • Lot Square Footage:
  • 12151
  • Days On Market:
  • 76
  • On Market Date:
  • 2022-07-14
  • Originating Mls:
  • Crmls
  • Laundry:
  • Common Area
  • Garage Parking Spaces:
  • 15
  • Has Garage:
  • Yes
  • Parking Description:
  • Controlled Entrance, Covered, Driveway, Electric Gate, Community Structure
  • Parking Spaces:
  • 17
  • Appliances:
  • Dishwasher, Refrigerator, Dryer, Washer
  • Heating:
  • Wall Furnace
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Gianluca Jacoli with Shield CRE
  • CACRMLS

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