San Pedro Fourplex
Soon to be completed luxury non-rent controlled, new construction fourplex walking distance to the Historic Downtown San Pedro Waterfront! Features outstanding floorplans with massive kitchen/living areas and luxury finishes! Excellent pro forma cap rate of 5.92%! Coastal CA property for the best price per door you can find!
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Highlights:
$2,595,000
5.92% (pro forma)
13.19 (pro forma)
5,704 sqft
2x 4b/3.5b
2x 4b/3b
High cap rate!
No rent control
Amazing coastal neighborhood
Separately metered utilities
Solar panels
Minutes from the ocean
Huge kitchens & living rooms
Designer finishes
Prime beach adj. location
Unbeatable curb appeal
Super low maintenance
High demand rental market
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The Neighborhood
< 10-Minute Walk
Starbucks, Sandwich Saloon, J.Trani's Ristorante, La Michoacana, Iron City Tavern, Babouch Moroccan, Bonello's New York Pizza, Cabrillo Avenue Elementary School, The Happy Inka, California Museum of Fine Art, Rite Aid, Sushi 21, San Pedro & Peninsula YMCA, Omelet & Waffle Shop, Daniels Field Sports Center, Vons, Rogue Wave Surfboard Shop, Providence Little Company of Mary Medical Center, WaBa Grill, Pinas Café
< 5-Minute Drive
Sprouts, Trader Joe’s, Downtown San Pedro Waterfront, Harbor WorkSource Center, CA – Port Of Los Angeles, DT Harbor, Los Angeles Maritime Museum, LA Waterfront Cruises, The Whale & Ale, Kalaveras, Raffaello Ristorante, La Siciliana, Sebastian's Mediterranean Cuisine, Godmother's, Buono's Pizzeria, Hojas Tea House, San Pedro Brewing Company, Baramee Thai, KoRyu Ramen San Pedro, Niko's Pizzeria
< $10 Uber Ride
Grand Annex, Warner Grand Theatre, Battleship USS Iowa Museum, San Pedro Fish Market, The Sardine, COMPAGNON Wine Bistro, Goodfellas, Crimsin, The Break Room Bar, The Artistry Lounge and Gallery, Principe Night Club, La Bocca Felice, 22nd St. Landing Seafood Grill, Harold's Place, The Spot, 22nd Street Park, Brouwerij West Brewery, Cabrillo Beach, Cabrillo Marine Aquarium, Whiskey Flats BBQ, White Point Beach
Submit your offers now!
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Unbeatable price per door of $648,750!
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PRIME coastal location minutes from the water!!! A property near the ocean for the best price and return you can find!
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UNHEARD OF 5.92% pro forma cap rate!
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No rent control!
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Will be delivered with ultra-premium finishes!
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High ceilings, yard, ample windows, walk-in closets, and more!
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All units separately metered for gas, electric AND water! Microscopic expenses!
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Boasts extraordinary curb appeal.
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Large windows (and sliding doors) everywhere you look, making each room extremely light and bright!
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New construction small multi-family apartments are in short supply right now, especially ones of this superior quality.
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Dream 1031 exchange opportunity. Ready to close ASAP!
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With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.
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Moments from countless ultra-trendy and Historic Downtown San Pedro Waterfront, which is home to countless restaurants shops and art galleries!