252 W 11th, San Pedro, CA 90731
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
252 W 11th,San Pedro, CA 90731
$995,000
- - Beds
- - Baths
- 3,234 sq. ft.
- Multi-family
- Active
Listed by:anthony walker
Office:buckingham investments, inc
MLS#:SB25232251
Source:CRMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$307.67
About this home
Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building.
Only 1 block from 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. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.
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Home facts
- Year built:1914
- Listing ID #:SB25232251
- Added:1 day(s) ago
- Updated:October 04, 2025 at 02:42 PM
Rooms and interior
- Living area:3,234 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1914
- Building area:3,234 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$307.67
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