918 S Cabrillo Avenue, San Pedro, CA 90731

  • $2,488,000
918 S Cabrillo Avenue, San Pedro, CA 90731
Active
918 S Cabrillo Avenue, San Pedro, CA 90731
918 S Cabrillo Avenue, San Pedro, CA 90731
  • $2,488,000

Description

Beautiful Pride-of-Ownership Property in PRIME Location!!!

Charming courtyard-style apartment complex consisting of 8 residential units—6 one-bedroom units and 2 two-bedroom units—along with 4 street-facing commercial spaces on 9th Street, occupied by a long-term tenant (lease in place through April 2030 with built-in annual increases).

**Major capital improvements include: soft-story retrofit, new roof, upgraded main drain, new garage doors, exterior repainting, and interior unit renovations.

The property has 6 private garages, additional on-site parking, and common laundry facilities.

**Offered at an attractive 11.1 GRM and 5.9% cap rate on existing income, the property also presents clear upside potential through future rent growth. This turnkey property offers a compelling mix of residential stability and commercial frontage in a high visibility, desirable location. ** Qualifies for favorable multifamily financing, making this a turnkey opportunity for investors seeking long-term performance with minimal maintenance and easy management.

  • Address 918 S Cabrillo Avenue
  • City San Pedro
  • State/county CA
  • Zip/Postal Code 90731
  • Country US

Details

Updated on February 4, 2026 at 8:39 am
  • Property ID: SB26022429
  • Price: $2,488,000
  • Property Size: 7598 Sqft
  • Land Area: 0.1918 Acres
  • Garage Size: x x
  • Year Built: 1964
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan
  • County: Los Angeles
  • Property Type: Commercial Sale

Contact Information

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