1443 W 7th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1443 W 7th St
11 Unit Apartment Building $3,000,000 ($272,727/Unit) 4.57% Cap Rate San Pedro, CA 90732
Investment Highlights
- Situated in the desirable Vista Del Oro neighborhood
- Owner Owned Laundry Facility
- Newer build- 1980
- Property benefits from being withing close proximity to essential amenities and retailers
Executive Summary
Updated 11-Unit Building in Prime San Pedro Location- Vista Del Oro. This well-maintained 11-unit apartment building, built in 1980, offers a fantastic unit mix with nine spacious 1-bedroom units and two studios. The property features an owner-operated laundromat on-site, providing additional income potential. Residents enjoy the convenience of underground parking and assigned private garages located at the rear of the building. Situated in a great San Pedro location, this property is an excellent investment opportunity with strong rental demand.
Please do not disturb the occupants/tenants. For inquiries, contact Tony at 310-901-1000. Submit all offers to Tony@HunterMason.com using the ‘Residential Income Purchase Agreement and Joint Escrow Instructions’ (California Association of Realtors Form RIPA, Revised 7/24). All offers must include verification of funds, a DU pre-approval letter from a primary lender/mortgage broker, proof of credit, financials, and FICO scores. Property viewings will be arranged upon acceptance of an offer. The buyer is responsible for verifying the property’s condition, square footage, etc. Preferred vendors: Escrow through American Trust Escrow, Chris Fontes; Title Company: Sellers Choice
Please do not disturb the occupants/tenants. For inquiries, contact Tony at 310-901-1000. Submit all offers to Tony@HunterMason.com using the ‘Residential Income Purchase Agreement and Joint Escrow Instructions’ (California Association of Realtors Form RIPA, Revised 7/24). All offers must include verification of funds, a DU pre-approval letter from a primary lender/mortgage broker, proof of credit, financials, and FICO scores. Property viewings will be arranged upon acceptance of an offer. The buyer is responsible for verifying the property’s condition, square footage, etc. Preferred vendors: Escrow through American Trust Escrow, Chris Fontes; Title Company: Sellers Choice
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,000,000 | Apartment Style | Low Rise |
| Price Per Unit | $272,727 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 4.57% | Building Size | 6,695 SF |
| Gross Rent Multiplier | 14.7 | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 2.09/1,000 SF |
| Price | $3,000,000 |
| Price Per Unit | $272,727 |
| Sale Type | Investment |
| Cap Rate | 4.57% |
| Gross Rent Multiplier | 14.7 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 6,695 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 2.09/1,000 SF |
Unit Amenities
- Balcony
- Kitchen
- Oven
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Individual Locking Bedrooms
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 9 | - | - |
PROPERTY TAXES
| Parcel Number | 7459-001-030 | Total Assessment | $1,629,821 |
| Land Assessment | $863,202 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $766,619 | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
7459-001-030
Land Assessment
$863,202
Improvements Assessment
$766,619
Total Assessment
$1,629,821
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
zoning
| Zoning Code | C2 (Commercial) |
| C2 (Commercial) |
-
Anthony Self -
Harcourts Hunter Mason Realty
1 of 46
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1443 W 7th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.