2505 2509 S Denison Avenue

San Pedro, CA 90731

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,774 Sqft
  • 11286
    Sqft(Lot)
$2,550,000

Description

We are pleased to present our latest investment opportunity located at 2505-2509 south denison avenue in san pedro. the property features 14 units with a mix of (12) 1 bed/1 baths and (2) studios. this property is an investor’s dream with great cash flow upside potential. it has been professionally managed for over 20 years and has gone through many upgrades. it is priced right as well, at less than a 10 grm and close to a 7% cap rate on day one! located in the point fermin neighborhood, the property is on a nice, quiet street, close to cabrillo beach and the marina! the property is comprised of two separate buildings on a large 11,286 square foot lot. the units are individually metered for electricity and master metered for gas (some tenants do pay rubs as well). there is onsite laundry available for tenants (owned) as well as ample, convenient parking. the immediate area is filled with many terrific retail and entertainment options as well as basic amenities for tenants to take advantage of. san pedro is known for it's small town atmosphere and many family-owned businesses, with unique architecture, shops, hotels, restaurants, art galleries, studios, theaters, entertainment and more!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49023669

Sell a home like this and save $152,501 Find Out How

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1958
    • Building Area Total: 6,774

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2591
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 11286

  • Listing Price Information

    • Original List Price: 2,550,000
    • Listing Contract Date: 2025-03-19

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7465010011

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 180 - Palisades
    • Directions: On denison
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: 180 - Palisades
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 67
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/12/2025 @ 06:29

  • MLS: SB25060199
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,774 sqft, 11,286 sized lot, and 0 parking. are nearby neighborhoods.