376 W Sepulveda Street, San Pedro, CA 90731

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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


Interior Features

Bedroom Information
Bedrooms 12
Bathroom Information
Bathrooms 12

Listing Information

Address 376 W Sepulveda Street
City San Pedro
State CA
Zip 90731
County Los Angeles
Listing Agent Jonathan Nikfarjam DRE #01856803
Courtesy Of Shield CRE, Inc.
List Price $1,600,000
Status Active
Type Residential Income
Structure Size 4,871
Lot Size 10,814
Year Built 1918

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.