1920's Restored Classic Charm! Across from MacARTHUR Park with views of the exceptional landscape, 4 Unit Apartment Building - Value Add - Huge Upside in Rents. This 4 unit apartment building is located in a high demand rental area of San Pedro, California. Just blocks from San Pedro Plaza Park and a direct shot to the Cabrillo Beach / waterfront. This well-maintained property has an excellent unit mix consisting of 1 Bdrm 1 bath units. Each unit has its own private individual car garage. This value add deal has a tremendous upside in the rents in an area where this is a lack of rental inventory and strong demand for apartment assets. San Pedro is seeing a massive redevelopment boom.There are many factors driving this influx in development, including the revitalization of the San Pedro waterfront that envisions a town square and attractions much like San Franciscos Fisherman Wharf.This renaissance will continue to drive housing demand and increase apartment values in the market.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
