This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
740 W 24th St
San Pedro, CA 90731
Pacific View Apartments · Multifamily Property For Sale
·
31 Units
PROPERTY FACTS
| No. Units | 31 | Lot Size | 0.49 AC |
| Property Type | Multifamily | Building Size | 32,977 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | B | Parking Ratio | 1.24/1,000 SF |
| Zoning | R3 | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 32,977 SF |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Views
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Security System
- Energy Star Labeled
ABOUT 740 W 24TH ST , SAN PEDRO, CA 90731
The subject property is the Pacific View Apartments, a 30 unit apartment building located at 740 West 24th Street in San Pedro and is presently owned and operated as furnished student housing by Marymount California University who is also the seller. The complex is situated on a hillside lot totaling 21,257 square feet with views of the harbor and breakwater as well as affording some city lights views from many units. The parcel is zoned RD2-XL which permits one dwelling unit for each 2,000 square feet of land. Current zoning would not permit the addition of any more units nor would the existing density of 30 units be permitted for a new development. However, the existing use and number of units is grandfathered and considered legal non-conforming. The improvements consists of 28 two bedroom units and 2 singles situated around a center courtyard within 32,977 square feet of building area (per assessor's records). There are 28 parking garages with approximately 41 spaces, of which some are tandem. San Pedro is a community within the city of Los Angeles, California. Formerly a separate city, it consolidated with Los Angeles in 1909. It is one of the most historic and picturesque regions in Los Angeles. It' s a unique blend of small town charm, superb cultural attractions, eclectic shopping, America' s Port and a world class cruise center. Downtown San Pedro is located very near the USS Iowa and the World Cruise Center with daily ferry service to Catalina Island. Residents and tourists enjoy the dining, unique shops, entertainment, events, art studios and merchants that are located in the heart of San Pedro. There are two major beaches in San Pedro, Cabrillo Beach and Royal Palms Beach. The city is located at the southern end of the Palos Verdes Peninsula, on the west side of San Pedro Bay. The neighborhood fronts on the Pacific Ocean to the south and is bounded inland by Harbor City on the north, Wilmington and Long Beach on the east and the Palos Verdes Peninsula and Lomita on the west.
SUSTAINABILITY
SUSTAINABILITY
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
PROPERTY TAXES
| Parcel Number | 7463-005-028 | Improvements Assessment | $7,360,538 |
| Land Assessment | $3,247,296 | Total Assessment | $10,607,834 |
PROPERTY TAXES
