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    918 S Cabrillo Ave San Pedro, CA 90731

    For Sale
    $2,497,000

    Extensively upgraded multifamily property with commercial tenant in prime location.

    Lot size:
    0.19 Acres

    Property Features for 918 S Cabrillo Ave

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1964

    Source: Lyon Stahl Investment Real Estate, Inc. Agent Olga Wright

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    San Pedro Multifamily Investment Opportunity

    This charming courtyard-style apartment complex features six one-bedroom units and two two-bedroom units. A long-term commercial tenant, a successful chiropractic business, occupies four spaces facing 9th Street, with a lease secured through April 2030. The property has been extensively upgraded with a new roof, main drain, garage doors, exterior paint, and renovated units. A soft-story retrofit has been completed. There are seven private garages and additional on-site parking available. Extra income is generated from laundry and garage rentals. The property qualifies for favorable multifamily financing and presents a turnkey investment opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Pedro
    County
    Los Angeles
    State
    California
    Longitude
    -118.2944
    Latitude
    33.73567

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    FAQs

    What type of property is this?
    Apartment building - Extensively upgraded multifamily property with commercial tenant in prime location.
    Where is this apartment building located?
    The property is located at 918 S Cabrillo Ave San Pedro, CA.
    What is the asking price?
    The asking price for this property is $2,497,000.
    What are key features of this property?
    This property features: - Attractive 11.9 GRM and **5.6% Cap Rate** on current income with significant rental upside.; - Long-term commercial tenant (chiropractic business) with lease secured through April 2030.; - Extensively upgraded with **new roof, main drain, garage doors, exterior paint, and renovated units.**
    (310) 606-2076
    Request Owner's contact information
    918 S Cabrillo Ave San Pedro, CA 90731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    918 S Cabrillo Ave San Pedro, CA 90731
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