3922 S Pacific, San Pedro, CA 90731

$2,995,000

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List Price
$2,995,000
Status
ACTIVE
MLS#
GD26137758
Year Built
1953
Lot Size
6,101
Acres
0.14
Lot Location
6-10 Units/Acre
Days on Market
35
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

The Pacific Apartments is located in one of Southern California’s most charming coastal neighborhoods. The property features breathtaking ocean views and is walking distance to the coast. The building includes 8 units, consisting of two 2 bedroom 1 bath units and six 1 bedroom 1 bath units. The units include an open floorplan and various upgrades throughout. The property is conveniently located near local dining, shops and just a short drive from the beautiful Terranea resort in Rancho Palos Verdes. This pocket of San Pedro is both quaint and cozy, being so close to the water and adjacent to Cabrillo Beach. Just nearby is also the new and improved West Harbor Port of Los Angeles, featuring an amusement park, restaurants, the West Harbor amphitheater and much much more. This is a unique opportunity to invest in a premier coastal location with strong rental demand and long-term upside potential.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$162,142
Operating Expense
64657

Listing courtesy of Listing Agent: Jack Baboudjian (contact@babprop.com) from Listing Office: Baboudjian Properties Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.