Historical Multifamily Sale Listing - Julia Gardens

Multifamily For Sale

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Julia Gardens

Sea Grape Dr., San Pedro, BZ 55555, BZ

N/A

15 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
15
Building Size:
800 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
10%
Listing ID
17577214
Last Updated
over 1 year ago

Description

The 3 story structure consists of 12 small one bedroom units, 2 large one bedroom units and a two bedroom two bath penthouse on the 3rd floor. There is a separate 2 story bodega used for storage on the property. Not much extra land space as the building footprint occupies about 85% of the area. All the units are rentable however, they are in various stages of being refurbished as the owner is making a transition to a hostel facility to increase the cash flow.
The property was originally constructed to house medical students until the school closed several years ago.

Located about a mile south of downtown San Pedro. Just across the street from Xanadu Resort, one block from the Beach.

Map of Sea Grape Dr., San Pedro, BZ 55555, BZ

Created 3/18/2012