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1136 W 10th St 4 Unit Apartment Building $1,349,000 ($337,250/Unit) 4.71% Cap Rate San Pedro, CA 90731



Investment Highlights
- Prime Location
- Remodeled Owners Unit
- Community Laundry
- 4 Unit Apartment Within minutes to West Harbor
- 4 Garages in the Rear with Storage Units
Executive Summary
Fantastic 4-unit income property ideally located in the heart of San Pedro’s highly desirable Vista Del Oro neighborhood. This well-maintained multifamily offering features a strong unit mix of two 1-bedroom apartments and two 2-bedroom apartments, providing excellent rental versatility and income potential. The property includes four on-site parking spaces located at the rear, community laundry, and individual secure storage areas for each unit. The two rear units have been recently renovated. The end unit offers charming wood-beam ceilings, a fireplace, forced heating and air conditioning, a tankless water heater, and washer and dryer hookups. The rear 1-bedroom unit has been updated with vinyl flooring, an upgraded bathroom, and additional improvements. Tenants pay all utilities except water and trash, supporting efficient operating expenses. Centrally located near schools, shopping, dining, and with easy freeway access, this property presents an excellent opportunity for both owner-users and investors alike. The property is also conveniently located near the new San Pedro waterfront development, West Harbor, an over $150-million, 42-acre redevelopment featuring restaurants, shopping, fresh markets, office space, a scenic promenade, and an open-air amphitheater for live entertainment—adding long-term value and appeal to this exceptional income property.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,168
|
$32.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,168
|
$32.35
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,598
|
$11.61
|
| Net Operating Income |
$63,570
|
$20.74
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $99,168 |
| Annual Per SF | $32.35 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,168 |
| Annual Per SF | $32.35 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $35,598 |
| Annual Per SF | $11.61 |
| Net Operating Income | |
|---|---|
| Annual | $63,570 |
| Annual Per SF | $20.74 |
Property Facts
| Price | $1,349,000 | Apartment Style | Low-Rise |
| Price Per Unit | $337,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.71% | Building Size | 3,065 SF |
| Gross Rent Multiplier | 13.6 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Zoning | LARD2 | ||
| Price | $1,349,000 |
| Price Per Unit | $337,250 |
| Sale Type | Investment |
| Cap Rate | 4.71% |
| Gross Rent Multiplier | 13.6 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,065 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | LARD2 |
Amenities
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,444 | - |
| 1+1 | 1 | $1,568 | - |
| 1+1 | 1 | $1,832 | - |
| 2+1 | 1 | $2,481 | - |
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 7458-009-016 | Improvements Assessment | $503,330 |
| Land Assessment | $746,877 | Total Assessment | $1,250,207 |
Property Taxes
Parcel Number
7458-009-016
Land Assessment
$746,877
Improvements Assessment
$503,330
Total Assessment
$1,250,207
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1136 W 10th St
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