576 W 13th Street

San Pedro, CA 90731

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,664 Sqft
  • 5001
    Sqft(Lot)
$1,650,000

Description

Step into a rare opportunity to invest in the vibrant community of san pedro with this well-maintained 6-unit apartment building at 576 w 13th st. each unit offers efficiently designed two-bedroom, one-bath layouts, providing a balance of comfort and functionality. the property features tuck-under parking and has recently completed a soft-story retrofit, enhancing structural safety and ensuring long-term durability.



located in a high-demand rental market with vacancy rates around 4.5%, this property presents a substantial rental upside—with potential rent growth of up to 40% as units become available. a new owner can also benefit from additional income through on-site parking fees. the building includes an onsite laundry facility, offering convenience to tenants and adding to the property's appeal.



just a few blocks away is the anticipated 42-acre san pedro west harbor project, a $170 million waterfront development that will feature a 6,200-seat amphitheater, along with premier dining, retail, and entertainment options. this redevelopment is poised to transform the local area and has the potential to enhance property values as it becomes a central lifestyle destination in los angeles.



san pedro combines coastal charm with urban accessibility, known for its quaint neighborhoods, vibrant arts scene, and rich maritime history. residents enjoy proximity to beaches, waterfront promenades, and attractions like the battleship uss iowa museum and the cabrillo marine aquarium. the area offers a lively restaurant and shopping scene, providing a blend of small-town ambiance with big-city amenities.



this property offers an excellent balance of immediate income and long-term appreciation potential, making it ideal for investors looking to expand their portfolio in a growing market.



don’t miss out on this opportunity to own a solid, income-producing asset with a projected cap rate above 7%!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47087619

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1959
    • Building Area Total: 4,664

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1148
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5001

  • Listing Price Information

    • Original List Price: 1,650,000
    • Listing Contract Date: 2024-09-29

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7454020007

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: 185 - Plaza
    • Postal Code Plus 4: 4149
    • Directions: Gaffey north to 13th Street. Turn left.
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: 185 - Plaza
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 65
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Ground
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 17:40

  • MLS: SB24202185
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 4,664 sqft, 5,001 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Pedro , in zip code 90731, this Los Angeles County Home are nearby neighborhoods.