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(310)918-5027
Real Estate Company
951 W 26th, San Pedro, CA 90731
- $7,300,000
- List Price
- $7,300,000
- Status
- ACTIVE
- MLS#
- PW26219182
- Year Built
- 1974
- Lot Size
- 20,978
- Acres
- 0.48
- Lot Location
- Near Park
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
Offered for the first time since it was built, El Prado is a 26-unit building in San Pedro’s Palisades neighborhood, bordering Vista Del Oro. Built in 1974 and cared for by the original developer, the property has quality construction, an elevator, a common sun deck, 36 secured parking spaces, private storage, bike storage and an owned laundry room. Every unit has a private balcony, many with views of Catalina and Miraleste Hill, and the SB 721 balcony work is complete. The mix includes (16) 1/1, (5) 2/1, (2) 2/2, (2) 3/2 and (1) 2/1.5 townhome on a 20,974 SF lot. Rents are well below market, with one-bedrooms averaging $1,522 vs. $2,524 for nearby comps. Former owner-used garages and storage offer ADU potential. Not flagged by LADBS as a soft-story building. About 3 minutes from the Stairway to the Ocean, beach and tide pools.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 36
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 26
- Gross Scheduled Income
- $529,465
- Operating Expense
- 197786
Listing courtesy of Listing Agent: Shane Young (Shane@YoungLewin.com) from Listing Office: Younglewin Advisors, Inc..
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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.