930 N Grand, San Pedro, CA 90731
- $980,000
- List Price
- $980,000
- Status
- ACTIVE
- MLS#
- SB26207171
- Year Built
- 1930
- Lot Size
- 5,400
- Acres
- 0.12
- Lot Location
- Rectangular Lot
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- One Level
Property Description
Well-maintained 8-unit investment opportunity situated on two adjacent parcels totaling approximately 10,802 square feet. All eight units are located on one APN, while the second APN consists of a vacant lot offering potential for future development—buyer to verify. The property has benefited from numerous improvements, including a new roof, and one unit will be delivered vacant and rent-ready. Offered at an attractive 9.8 GRM on current income, the property features low operating expenses and significant rental upside. Located in a quiet residential neighborhood of San Pedro, this is a solid investment opportunity with strong in-place income and additional long-term upside.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $99,084
- Operating Expense
- 31271
Listing courtesy of Listing Agent: Olga Wright (olga@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
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