Property Detail

Description

2 of 4 UNITS DELIVERD VACANT! 372 W 11th St is a charming 4-unit multifamily property in San Pedro. The property offers investors or an owner user an excellent opportunity in a coastal rental market, combining immediate rental upside with substantial ADU expansion potential. The property encompasses approximately 3,151 square feet on a .11 acre lot and features a unit mix of (3) 1BR/1BA units and (1) Studio + Den+ Office unit. Two of the four units are delivered vacant and Three units are fully remodeled. Ownership carries out numerous capital improvements in recent years with PERMITS, including a full new roof and plumbing updates. The drain line is fully updated, and water supply plumbing is approximately 90% copper. Units also have W/D hookups. The property also presents strong ADU potential (Buyer to Verify), for 4 additional ADU units totaling approximately 2,100 additional square feet. Each unit comes with a dedicated parking space and private storage located in a separate rear structure. Ideally situated in the vibrant San Pedro submarket, the property benefits from proximity to the Port of Los Angeles, the revitalized downtown waterfront, and a growing corridor of retail and dining.