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3644 Almeria St
San Pedro, CA 90731
Multifamily Property For Sale
·
5 Units
Executive Summary
LOCATION, LOCATION, LOCATION!!! Nestled on a fully landscaped corner lot just one short block away from the ocean bluffs in the desirable Palisades area is where you will find this extremely well-kept five unit building. There are only a few buildings this close to the water and this is one of them. A few of the units offer ocean views and they all enjoy the cool climate and afternoon breezes that come with living along the California coast. Building does offer a very spacious 2 bdrm 2 bath ground floor owners unit with a fireplace and peeks of the ocean. Upgrades in 2020 include a new roof, new electrical panels, painted exterior and relandscaping. There is garage parking for 4 cars and additional off-street parking for another 2 cars. Witn no living units above the garage and a flat roof, it's very possible that an ADU or two can be built above the garages (buyer to verify). Community laundry room with coin-operated machines services the units. This is an amazing opportunity to own a legacy property in an area known for it's bluff-top parks, walking trails, nature preserves and all of the benefits associated with living next to the ocean. This type of location in any other local beach city would cost you much more. Drive by it and cruise the area to see how special this location really is.
Property Facts
| Price Per Unit | $468,564 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.81% | Building Size | 4,405 SF |
| Gross Rent Multiplier | 14.89 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 1.36/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | LAR1 | ||
| Price Per Unit | $468,564 CAD |
| Sale Type | Investment |
| Cap Rate | 3.81% |
| Gross Rent Multiplier | 14.89 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,405 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 1.36/1,000 SF |
| Zoning | LAR1 |
Amenities
Unit Amenities
- Views
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 7469-022-047 | Improvements Assessment | $999,849 CAD |
| Land Assessment | $1,384,407 CAD | Total Assessment | $2,384,256 CAD |
Property Taxes
Parcel Number
7469-022-047
Land Assessment
$1,384,407 CAD
Improvements Assessment
$999,849 CAD
Total Assessment
$2,384,256 CAD
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