

918 S Cabrillo Ave
Prime Location turnkey apartment complex with excellent cash flow at 6.3% CAP RATE
Marketing description
Pride-of-Ownership Mixed-Use Asset | Prime San Pedro Location
918 South Cabrillo Avenue offers a turnkey multifamily and commercial investment with strong in-place cash flow and extensive recent capital improvements. The property features a desirable unit mix of one- and two-bedroom apartments along with multiple street-front commercial spaces occupied by a long-term tenant.
Major upgrades include a new roof, garage doors, main drain, rain gutters, renovated residential units, and completed soft-story retrofit—significantly reducing future capital exposure. The commercial tenant has exercised a five-year option through 2030 with built-in rent increases, providing stable and predictable income.
Additional highlights include seven private garages, extra on-site parking, and eligibility for a favorable multifamily loan. Located in a prime San Pedro corridor, this well-maintained asset offers durability, income stability, and long-term upside.
An ideal opportunity for investors seeking a low-maintenance, pride-of-ownership property with mixed-use income.
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