Sold
966 W 11th Street
San Pedro CA, 90731
$3,750,000
$288.15 per sqft
Sold
24 Beds
20 Baths
13,014 sqft
Residential
Built in 1973
Listed by Gianluca Jacoli with Shield CRE, Inc. 310-593-9869
966 W 11th Street is a 16 Unit Near Downtown San Pedro. The property totals 13,014-square feet and sits on a 12,151-square foot lot. The subject property is being offered at $286.23/PSF and at $232,81/Per Unit. The subject property has roughly 33% in rental upside. Parking consists of 17 gated entry spaces. Three units are Section 8 tenants and there are currently two vacancies. The Unit Mix consists of (9) 1-Bd/1-Ba units, (3) 2-Bd/2-Ba units, (3) 2-Bd/1-Ba units, and (1) 3-Bd/2-Ba unit. This is a unique opportunity to purchase a large multifamily asset located in the rapidly growing San Pedro sub-market. Property is under Los Angeles Rent Control. To the best of our knowledge it is worth noting that there are several non-paying tenants.
22179039
MLSⓇ ID
July 14, 2022
Listed
March 23, 2024
Updated
Map
966 W 11th Street
San Pedro CA, 90731
Interior Features
Total Stories
2
Bedrooms
24 Beds
Bathrooms
20 Baths
Appliances
Dishwasher, Refrigerator, Dryer, Washer
Laundry Description
Common Area
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.28 Acres
Other Property Details
Area Name
183 - Vista Del Oro
Days on Market
12
Garage
Yes
Garage Spaces
15
Parking
Controlled Entrance, Covered, Driveway, Electric Gate, Community Structure
Parking Total
17
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LARD2
Buyer Agency Compensation
2%
Listing Contact: 310-593-9869
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:41 AM UTC