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15328 S San Pedro St
For Sale $1,390,000 ($678.05 per Sq Ft)
$1,390,000 ($678.05 per Sq Ft)
- 4 Bedrooms
- 3.00 Bathrooms
- 2,050 Sq Ft
- 5,004 Sq Ft
Description
Incredible Investment Opportunity: Fully occupied, remodeled 3 unit income property with a detached studio and spacious warehouse, located west of Avalon Blvd and south of Redondo Beach Blvd. This high demand property boasts a 5.4% cap rate and an 18.4 GRM, generating $6,300 monthly ($75,600 annually). Breakdown: Unit 100 2 beds, 1 bath ($1,800); Unit 102 Studio ($1,200); Unit 200 1 bed, 1 bath + office ($1,700); Unit 201 1 bed, 1 bath ($1,600). Features include quartz countertops, stainless appliances, in-unit washers/dryers, and new HVAC. The 1,000 sq. ft. warehouse offers conversion potential (buyer to verify) under flexible LCM1-B1 zoning, supporting future development. Ideal for first time and seasoned investors or 1031 exchanges, with stable income, low maintenance, and expansion options. Conveniently near freeways, transport, shopping, and diningdon't miss this prime portfolio addition.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,390,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,050 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1942 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 6139009007 |
| MLS # | 24454193 |
| Property ID | 319376139 |
| Lot Sqft | 5,004 |
| Zoning | LCM1-B1* |
| Total Units | 3 |
| Days on Market | 38 |
| Original List Price | $1,390,000 |
| Date Updated | October 29, 2024 |
| Date Created | October 17, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $1,800 | $1,800 |
| Unit #2 | 0 | 1.00 | $1,200 | $1,200 |
| Unit #3 | 1 | 1.00 | $1,700 | $1,700 |
| Unit #4 | 1 | 1.00 | $1,600 | $1,600 |
| Unit #5 | 0 | 0.00 | $0 | $2,100 |
| Gross Income (Yr) | $ 75,600 |
| Operating Expenses | $ 8,400 |
| Net Income (Yr) | $ 67,200 |
Listing Provided By
Julian Abi-Jaoude an agent of . Lic #02247948
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