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1321 W 9th St 6 Unit Apartment Building $1,879,000 ($313,167/Unit) 3.98% Cap Rate San Pedro, CA 90732

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INVESTMENT HIGHLIGHTS

  • Prime corner location. Elite rental area.

EXECUTIVE SUMMARY

Prime San Pedro Rental Location in the Best Vista Del Oro Neighborhood. This well maintained 6 unit building offers an exceptional owners unit that boasts 3 Bedrooms 2 Baths with a fireplace and a private separate patio area for your relaxation. Situated on a large flat corner lot, the owners unit is positioned downstairs with no steps along with two of the one bedroom units on the ground floor. The three 2 Bedroom units are upstairs. upgrades include recent Earthquake Seismic Retrofitting along with the exterior of the building recently painted. There are three double car garages with alley access. One garage space per unit. RENTS ARE WELL BELOW MARKET. HUGE UPSIDE RENT POTENTIAL!! Great proximity to the Shops at Weymouth Corners Shopping Center and within walking distance to picturesque Averill Park with easy freeway access. With the rapidly developing Los Angeles Waterfront Promenade and Amphitheatre, this is a wonderful opportunity to own a quality PRIDE OF OWNERSHIP, TROPHY, investment property.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,879,000
Price Per Unit $313,167
Sale Type Investment
Cap Rate 3.98%
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 5,973 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1961/2020
Parking Ratio 1/1,000 SF
Zoning RD1.5, Los Angeles

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Fireplace
  • Heating
  • Kitchen
  • Refrigerator
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 $2,003 1
2+1 3 $1,489 -
1+1 2 $1,396 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7459-018-023
Land Assessment
$770,373 (2025)
Improvements Assessment
$803,866 (2025)
Total Assessment
$1,574,239 (2025)
  • Listing ID: 37853338

  • Date on Market: 9/27/2025

  • Last Updated:

  • Address: 1321 W 9th St, San Pedro, CA 90732

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