252 W 11th, San Pedro (los Angeles), CA 90731

• 3,234 sqft

Property Description

Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.

Listing Status:

Pending

Date Added:

October 3, 2025 at 05:00AM

Listing Office:

Buckingham Investments, Inc : 310-982-7055

Listing Agent:

Anthony Walker : 310-982-7055

MLS ID:

CRSB25232251

Interior

• Laundry: No Hookups
• A/C: None

Exterior

• Parking: Other

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 7456003012
• View: None

Financial

• Source: CRMLS

This listing courtesy of Anthony Walker, Buckingham Investments, Inc