Log In/Sign Up
Your email has been sent.
935 W 10th St 4 Unit Apartment Building $2,260,797 CAD ($565,199 CAD/Unit) 5.57% Cap Rate San Pedro, CA 90731



INVESTMENT HIGHLIGHTS
- Huge 5-bed/3-bath owner’s unit fully renovated with high-end finishes — delivered vacant or ready for top market rent
- Offered at $263/RSF, with a 5.57% Cap Rate and 11.83 GRM, delivering above-market returns
- New Roof is being installed as of August 2025 tentative completion September 2025
- Modernized units support premium rents, low maintenance, and include ample parking for each unit
- Prime Vista del Oro location — walkable to shops, dining, top-rated schools, and the $500M waterfront redevelopment
EXECUTIVE SUMMARY
A Prime Investment Opportunity in San Pedro’s Thriving Market Located in the highly desirable Vista del Oro neighborhood, 935 W 10th St is a well-maintained, value-rich multifamily property offering both income stability and significant upside potential. This 6,276 SF building sits on a 6,075 SF lot and is priced attractively at $263 per square foot, currently operating at a 5.57% CAP RATE and 11.83 GRM.*** Built in 1974 and recently upgraded, the property features renovated interiors and ample covered parking that support premium rents and long-term tenant retention....Expansive 5-bedroom, 3- bathroom owner's unit is occupying the entire top floor. With private entry and high-end finishes throughout, this fully remodeled unit will be delivered vacant — ideal for an owner- user looking to live mortgage-free or for investors seeking maximum rental income. San Pedro’s multi-family sector continues to outpace neighboring markets in both affordability and investor returns. Buyers enjoy stronger yields than those seen in West LA or Long Beach, all while benefiting from a thriving, tight- inventory environment. The area is experiencing robust appreciation, driven by more than $500 million in waterfront redevelopment, major public/private investment, and new lifestyle amenities coming online by 2026. With its remodeled units, strong financials, and unbeatable location, 935 W 10th St presents an exceptional opportunity for buyers seeking reliable cash flow, future upside, and a foothold in one of the most dynamic coastal communities of Southern California.
Virtual Tour: https://my.matterport.com/show/?m=ENLzDLNAvTJ&mls=1
Virtual Tour: https://my.matterport.com/show/?m=ENLzDLNAvTJ&mls=1
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$191,041
|
$30.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$9,552
|
$1.52
|
| Effective Gross Income |
$181,490
|
$28.92
|
| Taxes |
$28,260
|
$4.50
|
| Operating Expenses |
$27,217
|
$4.34
|
| Total Expenses |
$55,477
|
$8.84
|
| Net Operating Income |
$126,013
|
$20.08
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $191,041 |
| Annual Per SF | $30.44 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $9,552 |
| Annual Per SF | $1.52 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $181,490 |
| Annual Per SF | $28.92 |
| Taxes (CAD) | |
|---|---|
| Annual | $28,260 |
| Annual Per SF | $4.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $27,217 |
| Annual Per SF | $4.34 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $55,477 |
| Annual Per SF | $8.84 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $126,013 |
| Annual Per SF | $20.08 |
PROPERTY FACTS
| Price | $2,260,797 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $565,199 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.57% | Building Size | 6,276 SF |
| Gross Rent Multiplier | 11.83 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1974 |
| Property Type | Multifamily | Parking Ratio | 1.43/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LARD2 - restricted Density Multiple Dwelling | ||
| Price | $2,260,797 CAD |
| Price Per Unit | $565,199 CAD |
| Sale Type | Investment |
| Cap Rate | 5.57% |
| Gross Rent Multiplier | 11.83 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,276 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | LARD2 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+3 | 1 | $6,166 CAD | 1 |
| 2+2 | 2 | $2,955 CAD | 1 |
| 1+1 | 1 | $2,158 CAD | 1 |
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 7458-012-017 | Total Assessment | $1,669,712 CAD (2025) |
| Land Assessment | $715,590 CAD (2025) | Annual Taxes | $28,260 CAD ($4.50 CAD/SF) |
| Improvements Assessment | $954,122 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
7458-012-017
Land Assessment
$715,590 CAD (2025)
Improvements Assessment
$954,122 CAD (2025)
Total Assessment
$1,669,712 CAD (2025)
Annual Taxes
$28,260 CAD ($4.50 CAD/SF)
Tax Year
2024
1 of 25
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
935 W 10th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
