966 W 11th Street, San Pedro CA, 90731

Sold

966 W 11th Street

San Pedro CA, 90731

$3,750,000

$288.15 per sqft

Sold

24 Beds

20 Baths

13,014 sqft

Residential

Built in 1973

Listed by Gianluca Jacoli with Shield CRE, Inc. 310-593-9869

966 W 11th Street is a 16 Unit Near Downtown San Pedro. The property totals 13,014-square feet and sits on a 12,151-square foot lot. The subject property is being offered at $286.23/PSF and at $232,81/Per Unit. The subject property has roughly 33% in rental upside. Parking consists of 17 gated entry spaces. Three units are Section 8 tenants and there are currently two vacancies. The Unit Mix consists of (9) 1-Bd/1-Ba units, (3) 2-Bd/2-Ba units, (3) 2-Bd/1-Ba units, and (1) 3-Bd/2-Ba unit. This is a unique opportunity to purchase a large multifamily asset located in the rapidly growing San Pedro sub-market. Property is under Los Angeles Rent Control. To the best of our knowledge it is worth noting that there are several non-paying tenants.

22179039

MLSⓇ ID

July 14, 2022

Listed

March 23, 2024

Updated

Map

966 W 11th Street
San Pedro CA, 90731

Interior Features

Total Stories: 2
Bedrooms: 24 Beds
Bathrooms: 20 Baths
Appliances: Dishwasher, Refrigerator, Dryer, Washer
Laundry Description: Common Area
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.28 Acres

Other Property Details

Area Name: 183 - Vista Del Oro
Days on Market: 12
Garage: Yes
Garage Spaces: 15
Parking: Controlled Entrance, Covered, Driveway, Electric Gate, Community Structure
Parking Total: 17
View: No
County: Los Angeles
Pool: No
Pool Features: None
Zoning: LARD2
Buyer Agency Compensation: 2%

Listing Contact: 310-593-9869

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:41 AM UTC