Super high yield 5 unit property for under $1M only 1 block from the huge brand new LA Waterfront development. Two large (3) bed, (2) bath units plus 3 studio units in rear in three structures total plus off street parking for 5 cars. Large front units just remodeled in 2025 and leased at market. Attractive income at an in place GRM of 9.8 and an actual cap rate of 6.2% plus a 15% upside to 8.5X GRM and 7.5% cap rate at market rents. Only $199K/door. Separately metered for electricity, gas, and trash for a low expense building. Only 1 block from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. 3 blocks from Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach.
MLS #
CRSB25232251
MLS Source
California Regional MLS
Laundry
None
Cooling
None
Roof
Composition
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: (310) 982-7055
Co-Listing Agent
Josh Ess
License #: 02035659
Phone: (310) 982-7055
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | – |
252 W 11th is a Residential Income in San Pedro, CA 90731. This – square foot property sits on a 6,757 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $980,000 and was built in 1914. This address can also be written as 252 W 11th, San Pedro, CA 90731.
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This listing information is up-to-date as of December 18, 2025. For the most current information, please contact Anthony Walker, (310) 982-7055