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1120 S Leland St 8 Unit Apartment Building $3,390,789 CAD ($423,849 CAD/Unit) 5.35% Cap Rate San Pedro, CA 90731

EXECUTIVE SUMMARY
NO LA CITY RENT CONTROL. PROPERTY HAS A 1980 CERTIFICATE OF OCCUPANCY. SUPER CLEAN 8-Unit Apartment Building in the Highly Desirable Vista Del Oro Neighborhood –BRAND NEW ELECTRICAL SERVICE HAS BEEN INSTALLED TO ALLOW COMPETITIVE INSURANCE RATES. Located in the sought-after Vista Del Oro neighborhood, this 8-unit apartment building offers a rare investment opportunity in one of San Pedro's most coveted areas. With its prime location just minutes from picturesque parks, schools, local dining, and shopping, this property benefits from a strong rental demand and a highly desirable community atmosphere. The building is not subject to LA City rent control, providing the new owner with increased flexibility in rent pricing and long-term growth potential. Vista Del Oro’s charming, residential vibe, combined with easy access to the coast and major freeways, makes it an ideal location for both tenants and investors seeking stability and upside. Whether you are expanding your portfolio or entering the multi-family market, this property offers a unique chance to own in a neighborhood that’s known for its character, convenience, and strong sense of community. Don’t miss the opportunity to acquire a well-positioned asset in this vibrant part of San Pedro.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,390,789 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $423,849 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.35% | Building Size | 9,997 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Zoning | R3, L.A. County | ||
| Price | $3,390,789 CAD |
| Price Per Unit | $423,849 CAD |
| Sale Type | Investment |
| Cap Rate | 5.35% |
| Sale Condition | 1031 Exchange |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 9,997 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R3, L.A. County |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 7458-014-005 | Improvements Assessment | $1,784,161 CAD (2025) |
| Land Assessment | $251,947 CAD (2025) | Total Assessment | $2,036,108 CAD (2025) |
PROPERTY TAXES
Parcel Number
7458-014-005
Land Assessment
$251,947 CAD (2025)
Improvements Assessment
$1,784,161 CAD (2025)
Total Assessment
$2,036,108 CAD (2025)
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1120 S Leland St
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