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Additional details
Listed by Olga Wright • Lyon Stahl Investment Real Estate, Inc.
$1,650,000
Est. payment /mo
6,276 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,276 sqft
Price per Sqft $262
MLS Listing ID CRSB25168025
HOA Y/N No
Year Built 1974
Lot Size 6,075 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
A Prime Investment Opportunity in San Pedro’s Thriving Market Located in the highly desirable Vista del Oro neighborhood, 935 W 10th St is a well-maintained, value-rich multifamily property offering both income stability and significant upside potential. This 6,276 SF building sits on a 6,075 SF lot and is priced attractively at $263 per square foot, currently operating at a 5.57% CAP RATE and 11.83 GRM.*** Built in 1974 and recently upgraded (NEW ROOF is being installed), the property features renovated interiors and ample covered parking that support premium rents and long-term tenant retention, on-site laundry room that brings extra income....Expansive 5-bedroom, 3-bathroom owner's unit is occupying the entire top floor. With private entry and high-end finishes throughout, this fully remodeled unit will be delivered vacant — ideal for an owner-user looking to live mortgage-free or for investors seeking maximum rental income.>>SEE SUPPLEMENTS FOR OM<< San Pedro’s multi-family sector continues to outpace neighboring markets in both affordability and investor returns. Buyers enjoy stronger yields than those seen in West LA or Long Beach, all while benefiting from a thriving, tight- inventory environment. The area is experiencing robust appreciation, driven by more than $500
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other
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Broker | License ID: 01512910
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