311 S Cabrillo Ave, San Pedro, CA 90731

311 S Cabrillo Ave, San Pedro, CA 90731

San Pedro, CA

Property Description

311 S Cabrillo Ave is offered for sale as part of a portfolio – (3) three 4plexes at 301 S Cabrillo Ave, 311 S Cabrillo Ave and 137 S Cabrillo Ave in San Pedro. * * * Properties may be purchased collectively or individually. * * * 301 S Cabrillo and 311 S Cabrillo are located on adjacent lots and offer flexibility in financing as an 8-unit with commercial loan or individually with residential loan. * * * Property is a charming 2-story 4plex located above Gaffey Ave. All copper plumbing; roof replaced approximately 4 years ago. All units are very spacious 1 Bedroom 1 Bath with laundry room, extra closet and storage area. Top units have unobstructed ocean views from private balconies. Total rent $5,019/mo ($1,257, $1,450, $1,200, $1,112) * * * Situated on a large 6,050 Sq. ft. lot, property offers ample on-site parking (5 private garages, 1 is owners’ garage) and a potential to build ADUs. Garages are accessible from the alley in the rear of the property. Each unit is separately metered for gas & electricity and offers huge upside in rental income. Prime location above Gaffey within proximity to various amenities and attractions and a short distance to the 110 Fwy.

Property Features

  • Sale Price: $1,100,000
  • Area Size: 4,312 Sq. Ft.
  • Land Area: 6,542 Sq. Ft.
  • Year Built: 1921
  • Listing Date: 7/24/2023
  • Units: 4
  • Current NOI: $35,884

Lyon Stahl Investment Real Estate

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