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823-831 W 25th St 10 Unit Apartment Building $3,835,405 CAD ($383,540 CAD/Unit) 6.03% Cap Rate San Pedro, CA 90731

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EXECUTIVE SUMMARY

A "Steady Eddie" investment option.
Near San Pedro Harbor & the cliffs of Pt. Fermin Park.
A tried-and-true investment option on one of San Pedro's better-known streets.
25th is the main thoroughfare connecting downtown San Pedro to the beautiful cliffs and lookouts along Palos Verdes Dr. South.
The building has been well-maintained and rehabbed as needed, as units turnover.
Also, a new roof was put on in 2024.
San Pedro is a sound investment market with a vacancy factor of almost zero, annually, because some of the county's largest employers are nearby: The Ports of LA and Long Beach - as well as the Phillips 66 Los Angeles Refinery, Valero Refinery, Tesoro Refinery, and Marathon Refinery - and downtown Long Beach just across the Vincent Thomas Bridge.
EXCLUSIVELY LISTED AT $2,749,000.
Call or email brice.head@cbre.com, with questions or interest.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $328,620 $34.37
Other Income $17,612 $1.84
Vacancy Loss $9,858 $1.03
Effective Gross Income $336,373 $35.19
Taxes $48,518 $5.08
Operating Expenses $56,737 $5.93
Total Expenses $105,255 $11.01
Net Operating Income $231,118 $24.18

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $328,620
Annual Per SF $34.37
Other Income (CAD)
Annual $17,612
Annual Per SF $1.84
Vacancy Loss (CAD)
Annual $9,858
Annual Per SF $1.03
Effective Gross Income (CAD)
Annual $336,373
Annual Per SF $35.19
Taxes (CAD)
Annual $48,518
Annual Per SF $5.08
Operating Expenses (CAD)
Annual $56,737
Annual Per SF $5.93
Total Expenses (CAD)
Annual $105,255
Annual Per SF $11.01
Net Operating Income (CAD)
Annual $231,118
Annual Per SF $24.18

PROPERTY FACTS

Price $3,835,405 CAD
Price Per Unit $383,540 CAD
Sale Type Investment
Cap Rate 6.03%
Gross Rent Multiplier 11.08
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 9,560 SF
No. Stories 2
Year Built 1948
Parking Ratio 1.1/1,000 SF
Zoning LARD2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 2 - 1,550 - 1,912
2+1 6 - 917 - 930
1+1 2 - 690
  • Listing ID: 38021855

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 823-831 W 25th St, San Pedro, CA 90731

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