***50% Sale*** of a well-located 4-unit multifamily property in the highly desirable Point Fermin neighborhood of San Pedro. Constructed in 1956, the asset comprises approximately 3,288 square feet of improvements situated on a 6,400 square foot lot. The building features a consistent unit mix of four 2-bedroom, 1-bath units, offering efficient layouts and broad tenant appeal.
The property provides stable in-place income with potential for rental growth and operational upside, supported by strong fundamentals in this coastal submarket. It represents a compelling opportunity for investors seeking to expand a portfolio with a well-positioned asset offering both current cash flow and long-term appreciation potential.
Ideally located within walking distance of Point Fermin Park, the Korean Bell of Friendship, and scenic coastal bluff trails, the property benefits from a supply-constrained location that continues to drive consistent tenant demand and low vacancy. The property also offers convenient access to Cabrillo Beach, the San Pedro waterfront, and nearby retail and dining amenities, further enhancing its long-term desirability.
122 days
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260
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5
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Zillow last checked:
Listing updated:
Listed by:
Danny FredericksDRE #01903928310-951-9479,
Fredericks Realty,Broker,
Derf FredericksDRE #00491652,
Fredericks Realty
Source: CRMLS,MLS#: IN26058256Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 3,288
Total interior livable area: 3,288 sqft
Property
Parking
Total spaces: 4
Parking features: Assigned, Driveway, Garage Faces Front
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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