Property Description

Lyon Stahl is proud to present 537 w 10th St, a well-positioned Triplex in San Pedro on a lot with engineered plans to build up to 6 more units on the adjacent parking lot. Built in 1964, the existing 2,923 SF building sits on a giant 13,505 SF lot, and features (3) 2-bed/1-bath units. Plans to build (4) 2-Bed/1-Bath, (1) 3-Bed/2-Bath, and (1) 4-Bed/2-Bath Units are included in the OM.

Currently at a 3.59% CAP with a 4.97% Market CAP, this property is a unique opportunity for any investor looking for upside and immediate development potential.