Est. cap rate

3.4%

Assumed rent, all units

$8,560/mo

Units

4

Price per unit

$375,000

Est. annual NOI

$51,360

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4,144 sqft

Lot size

6,761 sqft

Year built

1981

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

135

MLS #

248916598

About this property

Positioned in the heart of Central San Pedro, this well-located fourplex offers a rare combination of very spacious units and solid rental income. The property features four 2-bedroom, 1-bath units, each with its own private balcony, and one unit will be delivered vacant, providing immediate flexibility for an owner-user or the opportunity to capture market rents. The building offers a low-maintenance setup. Three of the units include in-unit laundry, adding everyday convenience, while the fourth has access to laundry options. On-site parking is a standout feature with 5 carport spaces and 4 additional uncovered spots. All units are currently on month-to-month agreements while the unit sizes and functional layouts support long-term tenancy and consistent occupancy. Located just minutes from the Port of Los Angeles and near the highly anticipated West Harbor redevelopment, the property is positioned within an area experiencing continued growth and investment. With new dining, retail, and entertainment on the horizon, this location offers both immediate rental demand and long-term upside potential.

Location

535 W 15th

San Pedro, Los Angeles, CA, 90731