REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Anthony Walker • Buckingham Investments, Inc
$ 2,195,000
Est. payment /mo
New
1129 W 10th ST San Pedro, CA 90731
8,223 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25233836
Year Built 1923
Lot Size 8,223 Sqft
Source California Regional MLS
Property Description
Huge 8 unit campus property in one of the best parts of San Pedro at only 11.5X GRM plus a 25% upside. Great unit mix with four 2 bed units, two 1 bed units, one 3 bed, 3 bath unit, and one studio. Almost 7000 square feet of rentable space situated on over 8200 square feet of land. Large duplex structure built in 1923 plus 6 units built in 1962. 5 out of 8 units nicely remodeled from 2021 to present. 3 enclosed garages, 4 tuck under parking spaces, and 1 surface parking space for a 1:1 parking ratio. Soft story retrofit completed in 2020. Well priced on income at 11.5X GRM on actuals plus a 25% upside to 9.3X GRM and a market cap rate of 7%. Beautiful Vista Del Oro location only a few blocks from Palos Verdes in a tranquil residential area. Attractive curb appeal with street and alley access. Only 3 blocks from Providence Little Company of Mary San Pedro Hospital. Easy access to Downtown San Pedro and the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026.
Location
State CA
County Los Angeles
Area 183 - Vista Del Oro
Interior
Laundry None
Exterior
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Composition
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 7458010027
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.