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3621 S Pacific Ave
San Pedro, CA 90731
Pacific Arms · Multifamily Property For Sale
·
18 Units
Investment Highlights
- Located in the charming Point Fermin/Palisades neighborhood of San Pedro!
- Priced at only $138,889 per unit, at a current 6.27% Cap Rate and 8.56 GRM (after May increases).
- Very close proximity to Cabrillo Beach, the Marina, and the brand-new West Harbor redevelopment!
- Available for sale for the first time in nearly 23 years!
- Rental upside of approximately 22% +/-!
Property Facts
| No. Units | 18 | Building Size | 26,645 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1929 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LARD2 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 26,645 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 1929 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | LARD2 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Amenities
Unit Amenities
- Disposal
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Gas Range
- Vintage Building
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 7467-015-016 | Improvements Assessment | $621,934 |
| Land Assessment | $738,643 | Total Assessment | $1,360,577 |
Property Taxes
Parcel Number
7467-015-016
Land Assessment
$738,643
Improvements Assessment
$621,934
Total Assessment
$1,360,577
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