Description
Large 4-unit apartment building only blocks from Cabrillo Marina and the beach. Great unit mix with 100% large 2-bedroom, 1-bathroom units. Huge 52% upside in rents to a 11.36 GRM and a 5.4% cap rate on market rents. Off-street tuck under parking for 4 cars. Not subject to city of LA soft story retrofit program. Excellent Vista Del Oro location, blocks away from multi-million dollar LA Waterfront Redevelopment, booming downtown San Pedro, Cabrillo Marina, Angel's Gate Park, and the beach. Quiet residential street in a dense, low-vacancy market.
Location
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Listing Agent: Anthony Walker 01908153 Courtesy of: Buckingham Investments, Inc Based on information from CRISNet MLS as of [insert date; insert time data was obtained] All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
