786 W. 5th St., San Pedro, CA 90731 - SB20165791 - iPro Real Estate

786 W. 5th St.
San Pedro, CA 90731

Sold, Multi-Family/Income Sale

For Sale

$1,280,000 $127.99 per sqft

Free Professional CMA

Listing ID : SB20165791

  • Beds

    5
  • Lot Size

    10,001 Sqft
  • Year

    1922

Description

Excellent Unit Mix of Three 2 -Bedroom and Five 1-Bedroom apartments in this charming 1920's apartment complex comprised of 3 buildings. Rents are as much as 50% below market! Situated on a large 10,000 sq. ft. double corner lot. Fantastic Upside Potential in rental income. Great location West of Gaffey and just one block walking distance to Starbucks, Rite-Aid, Big 5 and several national fast food restaurants. Two blocks from Mary Star of the Sea Elementary and several places of worship. The front building with 786-788-790-792 W 5th St was built in 1922. 790a W 5th St was added in 1924. The 3 units at 424-426-428 Cabrillo were built in 1958. Listing agent owns a 20% interest in the property. LOCATED IN AN OPPORTUNITY ZONE

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 7451025013
Cap Rate: 4% 
Net Operating Income: $54,776 
Number of Units: 8 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

Show More

Interactive

33.739941 -118.294273 $1,280,000 SB20165791
786 W. 5th St., San Pedro, CA 90731
Directions to here from:

Mortgage Calculator

Listed by Stephen Lampe with Re/Max Commercial & Investment