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828 9th St - 828 W. 9th Street 7 Unit Apartment Building Offered at $1,399,000 at a 6.23% Cap Rate San Pedro, CA 90731

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INVESTMENT HIGHLIGHTS

  • 2 Additional Office spaces which are currently vacant. 14 enclosed garages

EXECUTIVE SUMMARY

Trust Sale. Property is being sold in its Present "AS IS" condition. No court confirmation needed

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $126,672 $22.58
Other Income - -
Vacancy Loss - -
Effective Gross Income $126,672 $22.58
Taxes $17,487 $3.12
Operating Expenses $21,920 $3.91
Total Expenses $39,407 $7.03
Net Operating Income $87,265 $15.56

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income
Annual $126,672
Annual Per SF $22.58
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $126,672
Annual Per SF $22.58
Taxes
Annual $17,487
Annual Per SF $3.12
Operating Expenses
Annual $21,920
Annual Per SF $3.91
Total Expenses
Annual $39,407
Annual Per SF $7.03
Net Operating Income
Annual $87,265
Annual Per SF $15.56

PROPERTY FACTS

Price $1,399,000
Price Per Unit $199,857
Sale Type Investment
Cap Rate 6.23%
Sale Condition Deferred Maintenance
Gross Rent Multiplier 11.04
No. Units 7
Property Type
Multifamily
  • Multifamily Apartments
  • Office Office Residential
Building Size 5,609 SF
No. Stories 3
Year Built 1989
Cross Streets Cabrillo
Opportunity Zone Yes
Zoning Commercial - Commercial Offices

AMENITIES

UNIT AMENITIES

  • Kitchen

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $1,500 400
2+2 1 $1,953 1,000
2+2 1 $2,025 1,000
2+2 1 $1,837 1,000
2+2 1 $2,241 1,000
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39084491

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 828 9th St, San Pedro, CA 90731

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