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Quadruplex at 2001 S Alma
$1,700,000
2001 S Alma
San Pedro, Los Angeles, 90731
Quadruplex · 4 units
Active · 1 days on market

Deal numbers

Est. cap rate
3.0%
Assumed rent, all units
$8,560/mo
Units
4
Price per unit
$425,000
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.

5.0%
50%
25%
7.00%
Effective gross income
$97,584
Operating expenses
$48,792
Net operating income
$48,792
Annual debt service
$101,791
Annual cash flow
-$52,999
Cash on cash return
-12.5%
Down payment
$425,000

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
4,092 sqft
Lot size
4,506 sqft
Year built
1964
Stories
2
Garage spaces
3
Pool
None
Status
Active
Days on market
1
MLS #
249183136

About this property

PANORAMIC LA HARBOR VIEWS | FOUR-UNIT INVESTMENT OPPORTUNITY | ADU PLANS A rare opportunity to own a spacious three-story, four-unit apartment building showcasing views of the Los Angeles Harbor, first time on the market. Combining desirable coastal views, thoughtfully designed living spaces, and exceptional value-add potential, this property offers a unique opportunity for investors and owner-occupants alike. A standout feature is the significant upside potential with approved plans to add a three-bedroom, two-bathroom ADU in the downstairs vacant area. The proposed addition also includes a large private patio, creating the potential to expand the property’s living space and income-producing opportunities. Buyers should independently verify all plans, permits, and development requirements. The spacious owner’s unit is designed to maximize the views and indoor-outdoor lifestyle. An open-concept kitchen flows seamlessly to a large patio overlooking the harbor, while living room windows frame the surrounding scenery and fill the space with natural light. The primary suite features a built-in spa, separate shower bathtub, walk-in closet, and private balcony. Accompanied by two additional bedrooms with a Jack-and-Jill bathroom. All four units enjoy harbor views, private balconies, and individual in-unit laundry hookups—highly desirable features that enhance tenant appeal. Three of the four units have been newly remodeled, offering a modernized living experience while leaving room for additional value enhancement. Current units 3bd 2 bath 2bd 1 bath 2bd 1 bath 1bd 1 bath -Need rent rolls is it a 4 car with 3 garage doors

Location

2001 S Alma

San Pedro, Los Angeles, CA, 90731

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2001 S Alma, San Pedro CA | Multifamily for Sale