About 601 W 13th Street
An opportunity to acquire an 11-unit building on a large corner lot. Originally 10 units, the property includes an Accessory Dwelling Unit (ADU), enhancing both income and value. The grounds have secured gates for privacy, and most units have received interior upgrades. Significant upside in rental income, attractive Gross Rent Multiplier (GRM) and Cap rate. This is an exceptional investment opportunity in the heart of San Pedro, just moments from schools, shops, restaurants, and freeway access. Also nearby is the waterfront promenade and 42-acre West Harbor project featuring waterfront dining, retail and fresh markets, waterside recreation and outdoor amphitheater. A great investment in a growing coastal community.
Features of 601 W 13th Street
| MLS® # | SB25125861 |
|---|---|
| Price | $1,900,000 |
| Bedrooms | 5 |
| Bathrooms | 6.00 |
| Acres | 0.21 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 601 W 13th Street |
|---|---|
| Area | SAN PEDRO (90731) |
| City | San Pedro |
| County | Los Angeles |
| State | CA |
| Zip Code | 90731 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Stories | 2 Story |
Exterior
| Lot Description | Curbs,Sidewalks |
|---|
Additional Information
| Days on Market | 11 |
|---|---|
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty of Greater Los Angeles, Inc. |
|---|