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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

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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
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
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 37853963

  • Date on Market: 2025-09-27

  • Last Updated:

  • Address: 1120 S Leland St, San Pedro, CA 90731

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