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8% Cash on Cash YEAR 1 383 W 14th St 8 Unit Apartment Building $1,550,000 ($193,750/Unit) 6.51% Cap Rate San Pedro, CA 90731
INVESTMENT HIGHLIGHTS
- 6.51% CAP RATE (Highest Cap Rate in San Pedro) | 9.74 GRM
- Updated Electrical, Plumbing, and Exterior Paint
- One Unit Vacant
- Well-Maintained Building
- 7 out of 8 Units Renovated
EXECUTIVE SUMMARY
We are pleased to present 383 W 14th St, an eight-unit multifamily investment opportunity located in the heart of San Pedro, CA. Offering a 6.51% CAP rate—the highest in San Pedro—and a 9.74 GRM, this well-maintained property provides investors with strong in-place income and immediate cash flow. The building features updated electrical and plumbing systems, along with fresh exterior paint. Seven out of eight units have been fully renovated, while one unit remains vacant, allowing for immediate rent growth or an owner-user opportunity. Attractive financing is available with up to 70% loan-to-value, and investors can expect estimated first-year cash-on-cash returns of approximately 8%. With its combination of strong performance metrics, recent improvements, and prime coastal location, 383 W 14th St represents one of the most compelling multifamily offerings in the San Pedro market today. For more information, please reach out to Jeremy G. Barth.
FINANCIAL SUMMARY (ACTUAL - 2025) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $193,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.51% | Building Size | 5,180 SF |
| Gross Rent Multiplier | 9.74 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1923 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | R4, LA County | ||
| Price | $1,550,000 |
| Price Per Unit | $193,750 |
| Sale Type | Investment |
| Cap Rate | 6.51% |
| Gross Rent Multiplier | 9.74 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,180 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1923 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4, LA County |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,658 | 650 |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 7456-021-034 | Total Assessment | $1,041,736 |
| Land Assessment | $449,840 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $591,896 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
7456-021-034
Land Assessment
$449,840
Improvements Assessment
$591,896
Total Assessment
$1,041,736
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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8% Cash on Cash YEAR 1 | 383 W 14th St
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