Property Detail

963 9th

San Pedro CA 90731

$1,520,000

Status: Active

Property Details

Description

EXCEPTIONAL 8-UNIT INVESTMENT OPPORTUNITY IN VIBRANT SAN PEDRO | VALUE-ADD POTENTIAL A unique 8-unit multi-family property, perfectly positioned in the desirable San Pedro neighborhood of Vista Del Oro. Exceptional opportunity for investors to maximize returns through strategic upgrades and development. 8 units across 3 buildings (total of 6,176 SF) on a massive 12,161 SF lot zoned LA RD1.5 present ample space for potential expansion and development. The separate garage structure with 7 single-car garages offers a prime opportunity for conversion into ADUs, substantially increasing unit count and cash flow. Excellent in-place income averaging $1,398/unit (SEE SUPPLEMENTS FOR FULL OM), with upside potential via remodeling and renting the vacant unit at top market rent and raising rent to existing tenants (all are due for annual rent increase). Property is subject to LA City RSO. On-Site Amenities: Additional income streams from convenient on-site laundry (leased equipment) and storage. UNIT DETAILS AND DISCLOSURES: Per Assessor Records, all units are 1-bedroom units. However, units appear to function as proper 2-bedroom units, each featuring windows and closets.*** Disclosure: Seller makes no representations or warranties regarding the legal bedroom count or the feasibility of ADU conversions. Buyer is solely responsible for independently investigating and verifying all information, including square footage, property condition, zoning, permits, and all applicable local/state ADU requirements, to their full satisfaction.

Map Location

Listing provided courtesy of Olga Wright of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-12-16 09:11:19.000000. Listing information © 2025 CRMLS.

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Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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