Property Detail

Description

A Prime Investment Opportunity in San Pedro’s Thriving Market Located in the highly desirable Vista del Oro neighborhood, 935 W 10th St is a well-maintained, value-rich multifamily property offering both income stability and significant upside potential. This 6,276 SF building sits on a 6,075 SF lot and is priced attractively at $263 per square foot, currently operating at a 5.57% CAP RATE and 11.83 GRM.*** Built in 1974 and recently upgraded (NEW ROOF is being installed), the property features renovated interiors and ample covered parking that support premium rents and long-term tenant retention, on-site laundry room that brings extra income....Expansive 5-bedroom, 3-bathroom owner's unit is occupying the entire top floor. With private entry and high-end finishes throughout, this fully remodeled unit will be delivered vacant — ideal for an owner-user looking to live mortgage-free or for investors seeking maximum rental income.>>SEE SUPPLEMENTS FOR OM<< San Pedro’s multi-family sector continues to outpace neighboring markets in both affordability and investor returns. Buyers enjoy stronger yields than those seen in West LA or Long Beach, all while benefiting from a thriving, tight- inventory environment. The area is experiencing robust appreciation, driven by more than $500 million in waterfront redevelopment, major public/private investment, and new lifestyle amenities coming online by 2026. With its remodeled units, strong financials, and unbeatable location, 935 W 10th St presents an exceptional opportunity for buyers seeking reliable cash flow, future upside, and a foothold in one of the most dynamic coastal communities of Southern California. New Roof is being installed as of August 2025 tentative completion in September 2025