Listed by Gianluca Jacoli, Shield CRE, Inc.,

966 W 11th Street

San Pedro, CA, 90731

$3,725,000

$286 per ft²
$3,725,000
$286 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
24 Beds
baths
20 Baths
carpenters-square
13,014 ft²
property_type
Multi-family
calendar
Built 1973
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.
MLS® ID:
22179039
Listed:
7/13/22
Updated:
11/29/22

Interior Features

Kitchen Appliances
Dishwasher, Refrigerator, Dryer, Washer
Total Bedrooms
24
Total Bathrooms
20
Laundry Description
Common Area
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.28 acres lot

Other Property Details

Area Name
183 - Vista Del Oro
Garage
Yes
Garage Spaces
15
Parking
Controlled Entrance, Covered, Driveway, Electric Gate, Community Structure
Parking Total
17.0
View
N
County
Los Angeles
Pool
No
Pool Description
None
Total Stories
2
Zoning
LARD2

Property History

Date
Event
Price
Value
9/19/22
Active Under Contract
-
-
7/26/22
Pending
-
-

Courtesy of Shield CRE, Inc., Gianluca Jacoli,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 11/29/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 2:03 PM UTC, 11/29/22

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