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Apartment For Sale
252 W 11th
San Pedro, California 90731
Los Angeles CountyCommunity:
$995,000
6 br, 7.0 bath
3234 sq. ft.
0.155 acres
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.
Interior:
- Bedrooms: 6
- Baths: 7.0
- Sq Ft: 3234
- Year Built: 1914
- Utilities:
- Fireplaces:
- Stories: 2
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 0.155 acre
- Lot Dimensions:
- View Types: None
- Yard:
- Siding:
- Roof: Composition
- MLS #: SB25232251
Contact Information:
Listing Agent: Anthony Walker, Buckingham Investments, Inc., 310-561-4776, 310-982-7055
Listing Site, Listing Status: Active
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6687485
Viewed 28 times.
Updated: Oct 05, 2025
