376 W Sepulveda Street

San Pedro, CA 90731

$1,600,000

List Price

12

bed Beds

12

shower Baths

4,871 sqft

straighten / sqft

1918

calendar_month Built

Property Description

Twelve Single-Story Units | Large 10,814-SF Corner Lot | Offered at $133,333 Per Unit | 11.07% Pro-Forma Cap Rate & 6.97 Pro-Forma GRM | Tremendous Value-Add Opportunity - Approximately 73% in Rental Upside | 5.20% Current Cap Rate & 12.03 Current GRM | Located Less Than 1 Mile from L.A. Waterfront and Upcoming West Harbor Development, San Pedro Promenade & Future Site of 6,200-Seat Waterfront Amphitheater | Six Detached Bungalows - Totaling (Twelve) 1-Bedroom/1-Bathroom Units | Half-Mile to World Cruise Center, Battleship USS Iowa Museum, the Los Angeles Maritime Museum & Port of Los Angeles | Large Lot Presents Future Development Potential

Listing Information

List Price $1,600,000
Status Active
MLS 24419213
Type Residential Income
Year Built 1918
Lot Size 10,814
Structure Size 4,871
DOM 20
Courtesy Of Shield CRE, Inc.
Listing Agent Jonathan Nikfarjam DRE#01856803

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 12

Exterior Information

Maps

Listing information courtesy of: Jonathan Nikfarjam, Shield CRE, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 1st, 2024 at 12:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.