Property Highlights

Value-add 3 Duplexes (6 Units) in one of the most up and coming sought-after areas of San Pedro. San Pedro has commenced a multi-million dollar Promenade & Harbor development, with entertainment, dining options, & views of the ocean. Prime for upgrading, additional, or new development, this 2 lot oversized property near the water has significant upside on the below-market rents which are at approximately 33% under market value.

The property is well maintained with tile floors, wood kitchen cabinets, and more. Separate meters for gas and electric. The property consists of 2 lots with 3 buildings. Two buildings on the West and East, and one building to the North. There is a huge courtyard amidst the structures with endless possibilities. Includes two car parking onsite.

This is a prime area is in the midst of enormous transformation with new PUDs and condos built nearby. Situated just minutes to the beach, near Barton Hill Elementary School, churches, supermarkets, shopping, numerous parks, trendy downtown restaurants, art galleries, and downtown San Pedro with its unique character. Extremely well located near the 110 & 47 freeways, with a short 30-minute drive to downtown L.A. & 10 minutes from Long Beach. All information deemed accurate, but not guaranteed. For more information, contact Clara Duran Reed (310) 519-7670.

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Offering Memorandum