929 S Alma St - Apartments FOR SALE


San Pedro, CA 90731
$2,275,000 USD
310-832-4573
929 S Alma St, San Pedro, CA for Sale
$2,275,000 USD
Apartments - FOR SALE
1/6
null | 5.29% Cap Rate

929 S Alma St
San Pedro, CA 90731


HIGHLIGHTS

  • NO LOS ANGELES CITY RENT CONTROL, CLEAN WELL MAINTAINED BUILDING

OVERVIEW

NO LOS ANGELES CITY RENT CONTROL. GREAT MONTHLY INCOME. WITH MORE ROOM LEFT IN THE RENTS FOR FUTURE INCREASE. WELL MAINTAINED , CLEAN, EXTRA LARGE, NEWER 6 UNIT BUILDING LOCATED IN SAN PEDRO'S BEST VISTA DEL ORO NEIGHBORHOOD 3 BLOCKS WEST OF GAFFEY STREET. 2 LARGE 3 BEDROOM 2 BATH UNITS WITH PRIVATE BALCONIES AND FIREPLACES. 2 OF 4 TWO BEDROOM APARTMENTS HAVE 2 BATHS. 10 COVERED PARKING SPACES UNDER THE BUILDING. PER LA CITY SEISMIC LIST, THIS BUILDING DOES NOT NEED TO BE RETROFITTED. COMMUNITY LAUNDRY FOR ADDITIONAL INCOME. GREAT 5.29 CAP RATE CASH ON CASH RETURN. 13.6 GRM. CURRENTLY THERE ARE 2 TOTALLY REMODELED VACANT UNITS. NEW BUYER WILL BE ABLE TO CHOOSE THERE OWN TENANTS. PRICED FOR IMMEDIATE SALE.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

6

PRICE/UNIT

$379,167

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

R4-1, Los Angeles

APN/PARCEL ID

7458-008-021

ASK ABOUT THIS PROPERTY

Fred Di BernardoDi Bernardo RealtyMore Info
310-832-4573

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Fred Di BernardoDi Bernardo RealtyMore Info
310-832-4573

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