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409-423 W 22nd St
San Pedro, CA 90731
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Strong in-place Cap Rate of 6.8% with projected rental upside of 22% +/-!
- The property sits on two large parcels with a total lot square footage of 10,414; twelve onsite parking spots!
- Units are large one bedrooms, averaging over 800 square feet each.
- The property is only one block from the Pacific Ocean and is surrounded by terrific retail and entertainment options!
Property Facts
| No. Units | 8 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 6,496 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | B | Parking Ratio | 2.16/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 6,496 SF |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $757,161 | |
| Land Assessment | $504,768 | Total Assessment | $1,261,929 |
Property Taxes
Parcel Numbers
Land Assessment
$504,768
Improvements Assessment
$757,161
Total Assessment
$1,261,929
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