11901 S San Pedro St - Apartments FOR SALE


Los Angeles, CA 90061
$2,600,000 USD
310-435-9106
11901 S San Pedro St, Los Angeles, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/6
null | 7.26% Cap Rate

11901 S San Pedro St
Los Angeles, CA 90061


HIGHLIGHTS

  • Lot is entire block: Street-to-street; corner-to-corner
  • Security gates surround property
  • Very high demand bread 'n butter units
  • Fenced off-street 31 parking spaces
  • Development potential
  • May be possible to add units

OVERVIEW

Price reduced again. Street-to-street lot, the entire block with access from three streets. High demand Bread ‘n butter units. Very low vacancy rate. Secure off-street parking (31 spaces). A security fence surrounds the entire property with code-entry security gate. New roof in 2017. Easy commute from this high demand rental area. Eligible for bonus rent increases. Shown on accepted offers. Please do not disturb the tenants. See attached Offering Memorandum for rent rolls, expenses, and more information.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$276 USD /SF

# OF UNITS

24

PRICE/UNIT

$108,333

CAP RATE

7.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

6083-027-024

ASK ABOUT THIS PROPERTY

Daniel CorcoranCorcoran Group of CaliforniaMore Info
310-435-9106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Daniel CorcoranCorcoran Group of CaliforniaMore Info
310-435-9106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.