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675 W 11th Street

San Pedro, CA 90731
  • $1,985,000
  • STATUS: Active
  • ON SITE: 191 Days
  • MLS #: PV24210944
UPDATED: 50 min ago
$1,985,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Listing Agent(s): Nicole Pletkovich of Keller Williams Realty (310-519-1080) and Gordon Inman of Keller Williams Realty(310-519-1080)


Description

Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T10:34:26.883. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/156781529
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675 W 11th Street San Pedro, CA 90731

  • Price: $1,985,000
  • Status: Active
  • On Site: 191 Days
  • Updated: 50 min ago
  • MLS #: PV24210944
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1924
Built
Neighborhood:
185 - Plaza
County:
Los Angeles
Area:
185 - Plaza
Property Description
Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.
Exterior Features

Entry Level 1 Entry Location front Number Of Separate Electric Meters 1 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 5.3 Common Interest Community Apartment Community Features Curbs Electric Expense 4699 Fuel Expense 779 Garage YN Yes Gross Income 161436 Gross Scheduled Income 161436 Insurance Expense 12900 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 107163 New Construction YN No New Taxes Expense 16237 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 11 Operating Expense 54273 Pest Control Expense 450 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays None Total Actual Rent 13453 Trash Expense 2138 Water Sewer Expense 3321 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T10:34:26.883. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Nicole Pletkovich of Keller Williams Realty (310-519-1080) and Gordon Inman of Keller Williams Realty(310-519-1080)