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4034 S Pacific Avenue, San Pedro, CA 90731

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4034 S Pacific Avenue
San Pedro, CA 90731

For Sale: $14,000,000

Property Type: Commercial Apartments
MLS#: PW18225549

  • Building Size: 34651 SF
  • Lot Size: 27249 SF
  • Number of Units: 36
  • Number of Stories: 2
  • Year Built: 1965
  • Days on market: 31
  • Net Operating Income: $683,928
  • Gross Scheduled Income: $961,297
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Kevin King, Marcus & Millichap

Property Description

We are pleased to present a beautiful, remodeled apartment located in San Pedro, California. The building offers PANORAMIC OCEANFRONT views! The units are completely remodeled including new wood & modern tile floors, granite kitchens and bathrooms, contemporary paint colors and quality appliances. The subject property features an on-site laundry facility, elevator, sundeck, huge patio dining area for dining and a lush tropical landscaped courtyard. The building is located just steps from the Ocean and just blocks from Downtown, shopping, dining and entertainment. The subject property currently has 5 tenants, which makes it a unique opportunity with 31 vacant units that can be rented at market right away. Built in 1965, the subject property consist of 34,651 rentable square feet on a lot size of 27,267 square feet. The unit mix consists of (4) three-bedroom / two-bathroom (24) two-bedroom / one-bathroom units, (7) three-bedroom / two-bathroom unit and (1) large studio / one-bathroom unit. There is an on-site laundry for tenants’ convenience. The subject property is separately metered for gas and electricity keeping expenses to a minimum.

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4034 S Pacific Avenue, San Pedro, CA 90731

Based on information from California Regional Multiple Listing Service, Inc. as of September 17, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Kevin King, Marcus & Millichap

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