Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

13

Building size

12,696 sqft

Lot size

10,007 sqft

Year built

1979

Stories

3

Garage spaces

17

Heating

Radiant

Cooling

None

Pool

None

View

None

Status

Active

Days on market

20

MLS #

242421476

About this property

No LA rent control! Positioned in a prime San Pedro location, this 13-unit multifamily investment opportunity offers strong income potential with an attractive unit mix of nine (9) one-bedroom units and four (4) two-bedroom units. The property features community laundry facility, seventeen (17) on-site parking spaces. One unit is currently vacant, presenting immediate upside potential for an owner-user or the opportunity to achieve market rental rates. Ideally situated near the rapidly evolving San Pedro waterfront, the property benefits from close proximity to the highly anticipated West Harbor redevelopment — an over $150 million, 42-acre waterfront destination planned to include restaurants, shopping, fresh markets, office space, a scenic promenade, and an open-air amphitheater for live entertainment. This transformative development is expected to continue driving demand and long-term growth throughout the area, making this an exceptional opportunity for investors seeking both current cash flow and future appreciation potential.

Location

635 W 15th Street

San Pedro, Los Angeles, CA, 90731