543 W Santa Cruz St
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543 W Santa Cruz St
2 Unit Apartment Building $1,100,000 ($550,000/Unit) 5.32% Cap Rate San Pedro, CA 90731
Executive Summary
Welcome to this charming duplex nestled in the coastal community of San Pedro! The spacious front house offers 4 bedrooms and 3 bathrooms with 1,806 sq. ft. of living space, an in-unit laundry area and kitchen. Step out onto the upstairs balcony to enjoy the coastal breeze and views of the Vincent Thomas Bridge.
Between the two units, you’ll find a welcoming courtyard, perfect for outdoor dining, storage, or entertaining with fruit trees. The second unit, located above the garages, is 956 sq. ft and features 2 bedrooms, 2 bathrooms with a spacious living room, dining area, and large kitchen.
Additional property highlights include a generous storage room that can double as a gym, two deep-set garages with tandem parking, and a carport. Fruit trees on the property are lime, guava, orange, and a hybrid apple of 4 varieties.
This property presents an excellent investment opportunity in a vibrant, growing area! San Pedro is on the cusp of significant development and with the upcoming Olympics provides a great opportunity.
Between the two units, you’ll find a welcoming courtyard, perfect for outdoor dining, storage, or entertaining with fruit trees. The second unit, located above the garages, is 956 sq. ft and features 2 bedrooms, 2 bathrooms with a spacious living room, dining area, and large kitchen.
Additional property highlights include a generous storage room that can double as a gym, two deep-set garages with tandem parking, and a carport. Fruit trees on the property are lime, guava, orange, and a hybrid apple of 4 varieties.
This property presents an excellent investment opportunity in a vibrant, growing area! San Pedro is on the cusp of significant development and with the upcoming Olympics provides a great opportunity.
Property Facts
| Price | $1,100,000 | Property Subtype | Apartment |
| Price Per Unit | $550,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 5.32% | Building Size | 4,999 SF |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| Gross Rent Multiplier | 18.8 | Year Built | 1989 |
| No. Units | 2 | Parking Ratio | 1.2/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $1,100,000 |
| Price Per Unit | $550,000 |
| Sale Type | Investment |
| Cap Rate | 5.32% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 18.8 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 4,999 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 1.2/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | - | 956 |
| 4+3 | 1 | - | 1,806 |
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (71)
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543 W Santa Cruz St
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