383 W 14th St, San Pedro, CA 90731
383 W 14th St, San Pedro, CA 90731
383 W 14th St, San Pedro, CA 90731
15
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$1,475,000
Est. payment /mo
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10 Beds
8 Baths
5,180 SqFt
Price Dropped by $50K

383 W 14th St San Pedro, CA 90731

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,180 sqft

Price per Sqft $284

MLS Listing ID 25616545

Bedrooms 10

Year Built 1923

Lot Size 4,807 Sqft

Acres 0.1103

Property Sub-Type Multi-Family

Property Description

We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 7.09% CAP rate the highest in San Pedro and a 9.09 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while two units remain vacant, allowing for immediate rent growth or an owner-user opportunity.Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out.

Location

State CA

County Los Angeles

Area Plaza

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator, Garbage Disposal

Exterior

Parking Features Uncovered

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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383 W 14th St