3620 Pacific Ave | San Pedro, CA 90731
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- LoopNet Team
3620 Pacific Ave
San Pedro, CA 90731
Pacific Sands Apartments · Multifamily Property For Sale
·
67 Units
INVESTMENT HIGHLIGHTS
- First Time on the Market in Over 35 Years
- Mix of 1BR, 2BR, and 3BR Units
- Market Cap Rate Over 8%
- Generational Asset in a Highly Desirable Coastal Location
- Over 60% Upside Upon Turnover with Renovations
- Amenities Include Secure Parking Ratio 1:1, Pool, Laundry Facility, & Rooftop Deck
PROPERTY FACTS
| No. Units | 67 | Building Size | 52,317 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 0.68 AC | ||
| Zoning | LARD2 | ||
| No. Units | 67 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 52,317 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1968 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | LARD2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 46 | $1,392 | 740 |
| 2+1 | 13 | $1,715 | 820 |
| 2+2 | 6 | $1,680 | 900 |
| 3+2 | 2 | $2,475 | 1,100 |
PROPERTY TAXES
| Parcel Number | 7467-016-025 | Improvements Assessment | $14,357,520 |
| Land Assessment | $2,601,000 | Total Assessment | $16,958,520 |
PROPERTY TAXES
Parcel Number
7467-016-025
Land Assessment
$2,601,000
Improvements Assessment
$14,357,520
Total Assessment
$16,958,520
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