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$ 1,650,000
Est. payment | /mo
10 Beds
8 Baths
$ 1,650,000
Est. payment | /mo
10 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25168025
Bedrooms 10
Property Sub-Type Res Income 2-4 Units
Property Description
A Prime Investment Opportunity in San Pedros Thriving Market Located in the highly desirable Vista del Oro neighborhood, 935 W 10th St is a well-maintained, value-rich multifamily property offering both income stability and significant upside potential. This 6,276 SF building sits on a 6,075 SF lot and is priced attractively at $263 per square foot, currently operating at a 5.57% CAP RATE and 11.83 GRM.*** Built in 1974 and recently upgraded, the property features renovated interiors and ample covered parking that support premium rents and long-term tenant retention....Expansive 5-bedroom, 3- bathroom owner's unit is occupying the entire top floor. With private entry and high-end finishes throughout, this fully remodeled unit will be delivered vacant ideal for an owner- user looking to live mortgage-free or for investors seeking maximum rental income. San Pedros multi-family sector continues to outpace neighboring markets in both affordability and investor returns. Buyers enjoy stronger yields than those seen in West LA or Long Beach, all while benefiting from a thriving, tight- inventory environment. The area is experiencing robust appreciation, driven by more than $500 million in waterfront redevelopment, major public/private investment, and new lifestyle amenities coming online by 2026. With its remodeled units, strong financials, and unbeatable location, 935 W 10th St presents an exceptional opportunity for buyers seeking reliable cash flow, future upside, and a foothold in one of the most dynamic coastal communities of Southern California.
Location
State CA
County Los Angeles
Zoning Assessor
Direction West of Gaffey
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7458012017
Listed by Olga Wright Lyon Stahl Investment Real Estate, Inc.
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Olivia Dunham
REALTOR® | Lic# DRE 01856517