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$1,650,000
SB24202185 MLS Active Status
Step into a rare opportunity to invest in the vibrant community of San Pedro with this well-maintained 6-unit apartment building at 576 W 13th St. Each unit offers efficiently designed two-bedroom, one-bath layouts, providing a balance of comfort and functionality. The property features tuck-under parking and has recently completed a soft-story retrofit, enhancing structural safety and ensuring long-term durability. Located in a high-demand rental market with vacancy rates around 4.5%, this property presents a substantial rental upside—with potential rent growth of up to 40% as units become available. A new owner can also benefit from additional income through on-site parking fees. The building includes an onsite laundry facility, offering convenience to tenants and adding to the property's appeal. Just a few blocks away is the anticipated 42-acre San Pedro West Harbor Project, a $170 million waterfront development that will feature a 6,200-seat amphitheater, along with premier dining, retail, and entertainment options. This redevelopment is poised to transform the local area and has the potential to enhance property values as it becomes a central lifestyle destination in Los Angeles. San Pedro combines coastal charm with urban accessibility, known for its quaint neighborhoods, vibrant arts scene, and rich maritime history. Residents enjoy proximity to beaches, waterfront promenades, and attractions like the Battleship USS Iowa Museum and the Cabrillo Marine Aquarium. The area offers a lively restaurant and shopping scene, providing a blend of small-town ambiance with big-city amenities. This property offers an excellent balance of immediate income and long-term appreciation potential, making it ideal for investors looking to expand their portfolio in a growing market. Don’t miss out on this opportunity to own a solid, income-producing asset with a projected cap rate above 7%!

576 W 13th Street, San Pedro

$524,999
2 Beds 1 Baths SB24153212 MLS Active Status
Your Dream Home Awaits in the Heart of San Pedro! Perfect for first-time homebuyers or savvy investors, this move-in ready, amenity-rich condo offers unbeatable value and entry-level pricing! Seize the chance to ride the appreciation wave from all the exciting new developments coming to town. Step into resort-style living with this beautifully spacious second-level 2-bed/1-bath condo. Bask in the abundance of natural light, enjoy ample cabinet and closet space, and relax on your west-facing balcony accessible through a sleek sliding glass door. Unit #14 is nestled within the charming 22-unit San Catalda HOA, featuring an artfully tiled courtyard with a serene water fountain and lush landscaping. Highlights Include: Exclusive Use: Two tandem parking spaces, in-garage storage, and additional in-building storage near the elevators. Peace of Mind: Gated parking and secured entry ensure your safety and convenience. Community Perks: Save on gym memberships with a state-of-the-art community gym, upgraded in 2021 with new equipment, floors, countertops, and bathroom renovations. Social Spaces: Enjoy a meeting room, wet bar, community library, and app-based access to a community laundry facility—all thoughtfully placed on the first floor to maintain your tranquility. Located just blocks from Downtown San Pedro and minutes from the Cabrillo Marina, Brouwerij West, and the exciting Waterfront Development, this condo places you at the center of vibrant city life. Plus, unlike many condos in the area, this home is not subject to LA City RSO (according to ZIMAS - buyer to verify). Why You'll Love It: Resort-Style Living: A serene oasis with a beautiful courtyard, water fountain, and lush landscaping. Convenience: Low HOA fees covering water, sewer, and trash utilities make budgeting a breeze. Prime Location: Close to everything you love about San Pedro—shopping, dining, entertainment, and more! Don’t miss this rare opportunity to own a stunning condo in a thriving community. Whether you’re looking to invest or settle into your dream home, this is the place for you! Act fast—this gem won't last long!

1311 S Grand Avenue Unit 14, San Pedro

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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.