2401 S Denison Avenue, San Pedro, CA 90731
- $1,900,000
- Sold Price
- $1,900,000
- List Price
- $2,080,000
- Closing Date
- Aug 04, 2026
- Status
- CLOSED
- MLS#
- SB26054681
- Year Built
- 1972
- Lot Size
- 6,081
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre, Corner Lot, Front Yard, Gentle Sloping, Landscaped
- Days on Market
- 84
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Mixed Use
Property Description
Great investment opportunity! This well-maintained multifamily property presents a rare chance to acquire a strong income asset in San Pedro. The offer includes two parcels, 2401 S. Denison Ave (7465-010-032) and 2405 S. Denison Ave (7465-010-033), each improved with a seven (7)-unit building, for a total of 14 units. All units are one-bedroom, one-bath, and many feature tile flooring. The property has been well maintained with an onsite manager and is ideally located close to major freeways and shopping. Recent improvements include new roofs (2025), upgraded electrical panels (2025), and fresh exterior paint (2025). Tenants benefit from a shared laundry room and 14+ on-site parking spaces for resident use. This is the first time the property has been on the market since 2004, offering investors a compelling opportunity to acquire a stabilized asset with long-term ownership history. The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO).
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Additional Information
- Appliances
- Disposal, Gas Range, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Neighborhood
- Exterior Construction
- Drywall, Concrete, Stucco, Wood Siding, Copper Plumbing
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceramic Counters
- Attached Structure
- Detached
- Number Of Units Total
- 14
- Gross Scheduled Income
- $230,444
- Operating Expense
- 88500
Listing courtesy of Listing Agent: Jim Porter (jim@porterheritage.com) from Listing Office: Porter Heritage.
Listing sold by Olga Wright from Lyon Stahl Investment Real Estate, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.