963 W 9th

San Pedro, CA 90731
  • $1,520,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 6,176

    SqFt

About the Listing SB1310620 - SBWRIGOLG

EXCEPTIONAL 8-UNIT INVESTMENT OPPORTUNITY IN VIBRANT SAN PEDRO | VALUE-ADD POTENTIAL A unique 8-unit multi-family property, perfectly positioned in the desirable San Pedro neighborhood of Vista Del Oro. Exceptional opportunity for investors to maximize returns through strategic upgrades and development. 8 units across 3 buildings (total of 6,176 SF) on a massive 12,161 SF lot zoned LA RD1.5 present ample space for potential expansion and development. The separate garage structure with 7 single-car garages offers a prime opportunity for conversion into ADUs, substantially increasing unit count and cash flow. Excellent in-place income averaging $1,398/unit (SEE SUPPLEMENTS FOR FULL OM), with upside potential via remodeling and renting the vacant unit at top market rent and raising rent to existing tenants (all are due for annual rent increase). Property is subject to LA City RSO. On-Site Amenities: Additional income streams from convenient on-site laundry (leased equipment) and storage. UNIT DETAILS AND DISCLOSURES: Per Assessor Records, all units are 1-bedroom units. However, units appear to function as proper 2-bedroom units, each featuring windows and closets.*** Disclosure: Seller makes no representations or warranties regarding the legal bedroom count or the feasibility of ADU conversions. Buyer is solely responsible for independently investigating and verifying all information, including square footage, property condition, zoning, permits, and all applicable local/state ADU requirements, to their full satisfaction.

Listing Highlights

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® SB25272938
Year Built 1923
Total Square Footage 6,176
Lot/Acreage 0.28

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Rectangular Lot,Walkstreet,Yard,No Land Lease
  • Garage Capacity: 7 car
  • Parking Spaces: 7
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7458007008
  • Tax Year: N/A

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963 W 9th San Pedro, CA 90731

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Originating MLS: CRMLS

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