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26-Unit Apartment Building
New
For Sale
$7,300,000

951 W 26th, San Pedro, CA 90731

Residents have private balconies, with shared amenities including an elevator, sun deck, laundry room and secured parking.

Property Size21,733 SF
Lot Size0.48 Acres
Days on Market6

Property Features for 951 W 26th

General Information

Standard status Active
Size 21,733 SF
Total Parking Spaces 36
Elevators Yes
Lot size 0.48 Acres
Property subtype Residential Income
Net Operating Income $328,320

Units

Unit Mix 16 x 1/1, 5 x 2/1, 2 x 2/2, 2 x 3/2, 1 x 2/1.5 townhome
Multifamily Units 26

Amenities

common sun deck
private storage
bike storage
owned laundry room
private balcony
Curbs, Fishing, Golf, Street Lights, Sidewalks, Park
Dog Park
Concrete, Direct Access, Electric Gate, Garage, Gated, Storage

Building Details

Building Size 21,733 SF
Year Built 1974
Buildings 1
Stories 3
Listing Agency: Younglewin Advisors, Inc.
Listed By: Shane Young · License #01963090
Source: Evrealestate
Added: Oct 8 Changed: Oct 12 Last Checked: Oct 12 at 7:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Younglewin Advisors, Inc.

Investment Insights

Based on property information with market context.

El Prado is a 26-unit apartment property built in 1974 on a 20,974 SF lot. The unit mix comprises 16 one-bedroom/one-bathroom units, five two-bedroom/one-bathroom units, two two-bedroom/two-bathroom units, two three-bedroom/two-bathroom units and one two-bedroom/one-and-a-half-bathroom townhome. Each unit has a private balcony, and the SB 721 balcony work is complete. Building features include an elevator, common sun deck, owned laundry room, private storage, bike storage and 36 secured parking spaces. Former owner-used garages and storage may offer ADU potential. LADBS has not flagged the building as a soft-story property.

The property is at 951 W 26th in San Pedro, in the San Pedros Palisades neighborhood bordering Vista Del Oro. The Stairway to the Ocean, beach and tide pools are about 3 minutes away. Some balconies have views of Catalina and Miraleste Hill.

Key Highlights

  • 26 apartments on a 20,974 SF lot
  • Unit mix: 16 1/1, 5 2/1, 2 2/2, 2 3/2 and 1 2/1.5 townhome
  • 36 secured parking spaces

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Furniture & Home Goods Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26
Residential units

Location Intelligence

Trade Area within ½ mile

1,848
Businesses Nearby

Demographics for 90731, CA

61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residents have private balconies, with shared amenities including an elevator, sun deck, laundry room and secured parking.
Where is this apartment building located?
The property is located at 951 W 26th San Pedro, CA.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: 26 apartments on a 20,974 SF lot; Unit mix: 16 1/1, 5 2/1, 2 2/2, 2 3/2 and 1 2/1.5 townhome; 36 secured parking spaces
More about this property
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