Property Details
About this Property
Beautiful Pride-of-Ownership Property in PRIME Location!!! Charming courtyard-style apartment complex consisting of 8 residential units—6 one-bedroom units and 2 two-bedroom units—along with 4 street-facing commercial spaces on 9th Street, occupied by a long-term tenant (lease in place through April 2030 with built-in annual increases). **Major capital improvements include: soft-story retrofit, new roof, upgraded main drain, new garage doors, exterior repainting, and interior unit renovations. The property has 6 private garages, additional on-site parking, and common laundry facilities. **Offered at an attractive 11.1 GRM and 5.9% cap rate on existing income, the property also presents clear upside potential through future rent growth. This turnkey property offers a compelling mix of residential stability and commercial frontage in a high visibility, desirable location. ** Qualifies for favorable multifamily financing, making this a turnkey opportunity for investors seeking long-term performance with minimal maintenance and easy management.
MLS Listing Information
MLS #
CRSB26022408
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 7 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
918 S Cabrillo Ave is a Residential Income in San Pedro, CA 90731. This – square foot property sits on a 8,354 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,488,000 and was built in 1964. This address can also be written as 918 S Cabrillo Ave, San Pedro, CA 90731.
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This listing information is up-to-date as of February 04, 2026. For the most current information, please contact Olga Wright, (310) 606-2076
