884 W 11th St 3 Unit Apartment Building $898,000 ($299,333/Unit) 4.70% Cap Rate San Pedro, CA 90731

Exceptional investment opportunity in one of San Pedro’s most desirable neighborhoods. This well-maintained triplex features an excellent unit mix of spacious two- and one-bedroom apartments, ideal for strong and stable rental income (rents are 1-bed: $1,625 and $1,450, 2-bed: $1,178) ALL units are due for RENT INCREASE in Feb 2026. The property also includes 4 garages generating an additional $404/month in income. Garages are on separate rental agreements. These garages offer an excellent ADU conversion opportunity for future value-add potential. Recent capital improvements include a brand-new deck and three new water heaters, new roof on the back building and other improvements ensuring low maintenance for years to come. Each unit is separately metered for all utilities, with the landlord paying only DWP. Located in the highly sought-after Vista Del Oro area, the property provides easy access to parks, shopping, and local amenities — making it attractive to both residents and investors alike.