538 W 2nd St - Apartments FOR SALE


San Pedro, CA 90731
$599,000 USD
562-269-5100
538 W 2nd St, San Pedro, CA for Sale
$599,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

538 W 2nd St
San Pedro, CA 90731


HIGHLIGHTS

  • restaurants, shopping, fresh markets, office space, and a waterfront promenade
  • Ton of Upside in rents

OVERVIEW

KWPE-Kara Commercial is please to present an opportunity to acquire this duplex consisting of separate structures with two 2bed/1bath units. units include in unit washer and dryers. Some of the most recent repairs and updates include 538 - back unit Living room window replaced New back bedroom window Kitchen floor replaced Kitchen counter replaced Exterior paint windows touch-up Bathroom shower tile replaced Underground - repair tub/2022 foundation support New water heater 2018 New carpet 2018 Foundation repair support in entry and bathroom. Inspected and approved by city 2018.&2022 2021 new water heater Bathroom sink/faucet replaced Bathroom tub faucet replaced Front bedroom patch/paint New door to back bedroom New smoke detector/carbon 540 - front unit new smoke detector/carbon 2018 garbage disposal new living room window replaced Front bedroom window replaced Back bedroom window replaced Bathroom faucet replaced and caulking Earthquake shut off valve New carpet 2018 Painting interior New screens Glass replaced through out West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this duplex in an appreciating market, driven by ongoing San Pedro developments.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

2

PRICE/UNIT

$299,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

LAR2

APN/PARCEL ID

7451-008-023

ASK ABOUT THIS PROPERTY

Alec KaraKara CommercialMore Info
562-269-5100

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

Alec KaraKara CommercialMore Info
562-269-5100

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