

$1,500,000
535 W 15th
Details
APN 7454032023
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 6.08%
Buildings 1
Acreage 0.155
Zoning Assessor
Multifamily | 6.08% CAP | 4 Units
Marketing description
Positioned in the heart of Central San Pedro, this well-located fourplex offers a rare combination of very spacious units and solid rental income. The property features four 2-bedroom, 1-bath units, each with its own private balcony, and one unit will be delivered vacant, providing immediate flexibility for an owner-user or the opportunity to capture market rents. The building offers a low-maintenance setup. Three of the units include in-unit laundry, adding everyday convenience, while the fourth has access to laundry options. On-site parking is a standout feature with 5 carport spaces and 4 additional uncovered spots. All units are currently on month-to-month agreements while the unit sizes and functional layouts support long-term tenancy and consistent occupancy. Located just minutes from the Port of Los Angeles and near the highly anticipated West Harbor redevelopment, the property is positioned within an area experiencing continued growth and investment. With new dining, retail, and entertainment on the horizon, this location offers both immediate rental demand and long-term upside potential.
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