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647 W 5th St
San Pedro, CA 90731
Rosewood Apartments · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Value-Add Opportunity With Over 23 Percent Rental Upside
- Offered at a 11.20% Cash-on-Cash Return
- Located Less Than a Block From a Starbucks and a Rite Aid and Four Blocks From a New Luxury 301-Unit Apartment Building
- Competitively Priced Below Comparable Sales on Both a Per Unit and Per SF Basis
- Property Has Eight One-Bedroom Units, On-Site Laundry, and an Underutilized Back Patio
Property Facts
| No. Units | 8 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 6,044 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1918 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,044 SF |
| No. Stories | 2 |
| Year Built | 1918 |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,007 | - |
Property Taxes
| Parcel Number | 7451-029-006 | Improvements Assessment | $665,694 |
| Land Assessment | $811,824 | Total Assessment | $1,477,518 |
Property Taxes
Parcel Number
7451-029-006
Land Assessment
$811,824
Improvements Assessment
$665,694
Total Assessment
$1,477,518
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