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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



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 | Apartment Style | Low-Rise |
| Price Per Unit | $313,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 3.98% | Building Size | 5,973 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1961/2020 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | RD1.5, Los Angeles | ||
| 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 | - |
1 1
PROPERTY TAXES
| Parcel Number | 7459-018-023 | Improvements Assessment | $803,866 (2025) |
| Land Assessment | $770,373 (2025) | Total Assessment | $1,574,239 (2025) |
PROPERTY TAXES
Parcel Number
7459-018-023
Land Assessment
$770,373 (2025)
Improvements Assessment
$803,866 (2025)
Total Assessment
$1,574,239 (2025)
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1321 W 9th St
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