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252 W 11th San Pedro (los Angeles), CA 90731
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Key Details
Sold Price $980,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,234 sqft
Price per Sqft $303
MLS Listing ID CRSB25232251
Sold Date 12/18/25
HOA Y/N No
Year Built 1914
Lot Size 6,757 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplace No
Laundry No Hookups
Exterior
View Y/N false
View None
Building
Lot Description Other
New Construction No
Others
Tax ID 7456003012
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with JanetD-martinez
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