675 West 11th Street

San Pedro, CA 90731

$2,299,000
Price
4
Beds
11
Baths
6,992 Sq. Ft.
$329 / Sq. Ft.
6,992
Sq. Ft.
$329
per Sq. Ft.
a view of a building with a street
a front view of a building with garage
a view of a white building among the street with palm trees
a bathroom with a sink vanity and mirror
a view of a kitchen with sink and dishwasher with wooden floor
a view of cabinets and wooden floor
an empty room with wooden floor and windows
an empty room with wooden floor and closet
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a view of an empty room with wooden floor and a window
a bathroom with a sink a toilet and shower
a view of a balcony with city view
a view of a building
a view of a balcony with wooden fence
a view of a chairs and tables in patio

Description

Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor....Fantastic opportunity to own an 11 unit building, located in the heart of San Pedro! The set up includes One - 2 bedroom unit, Two - 1 bedroom units, and Eight - studio units, plus includes community laundry. This is a very low maintenance building, Landlord pays all utilities. There are 6 vacant garages in the back not currently rented. Capitalize on the upside for rent increase potential in this appreciating San Pedro market. Walking distance to the new San Pedro waterfront development, West Harbor. West Harbor is an over $150-million dollar redevelopment of the San Pedro water front and will feature 42 acres of restaurants, shopping, fresh markets, office space, and a waterfront promenade with an open-air amphitheater for live entertainment. Attractive opportunity to acquire this 11-unit asset in an appreciating market, driven by ongoing San Pedro developments.
  1. Listed by Nicole Pletkovich • DRE #02015236 • Brokerage DRE #01501084 • Keller Williams Realty • 424-558-0476
  2. Listed by Gordon Inman • DRE #00446156 • Brokerage DRE #01501084 • Keller Williams Realty

Property Details for 675 West 11th Street

Parking Spaces Total
6
Private Pool
No
Total Units
11.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
6992
Assessor Parcel Number
7454-018-003
Property Attached YN
false
LISTING UPDATED: 10/22/2024 03:30 PM

Property Details for 675 West 11th Street

StatusActive
MLS #PV24210944
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
CountyLos Angeles County

Building Information for 675 West 11th Street

Building/Complex675 W 11th StFloor-Stories2Residences-Pet Policy-Year Built1924Building Size-

Property Information for 675 West 11th Street

Rental Info
Rental Info
  • Tenant Pays: None
Income / Expense / Tax Details
Income Details
  • Gross Income: $165,096
  • Gross Scheduled Income: $165,096
  • Net Operating Income: $132,298
  • Laundry Income: $285
  • Gross Multiplier: 14.0
  • Cap Rate: 5.7
Expense Details
  • Operating Expense: $32,798
  • New Taxes Expense: $16,237
  • Gardener Expense: $385
  • Fuel Expense: $779
  • Pest Control Expense: $450
  • Electric Expense: $4,699
  • Insurance Expense: $0
  • Professional Management Expense: $5,239
  • Trash Expense: $2,138
  • Water Sewer Expense: $3,321
  • Total Expenses: $33,248
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: 0
  • Tax Census Tract: 2969.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 11
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,827
  • Unit Type Total Rent: $1,827
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $904
  • Unit Type Total Rent: $904
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,074
  • Unit Type Total Rent: $1,074
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,588
  • Unit Type Total Rent: $1,488
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $842
  • Unit Type Total Rent: $842
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $997
  • Unit Type Total Rent: $997
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 5
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 6
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,030
  • Unit Type Total Rent: $1,030
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 7
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,086
  • Unit Type Total Rent: $1,086
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 8
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,160
  • Unit Type Total Rent: $1,160
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 675 West 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 675 West 11th Street

Taxable ValueLand$29,529Additions$95,879Total$125,408
Tax Record2024$2,715 ($226 / month)
Home Facts
Total Finished SqFt6,992 SqFtAbove Grade Finished SqFt6,992 SqFtLot Size6,751 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLARD1.5CountyLOS ANGELESAPN7454-018-003

Schools near 675 West 11th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Fifteenth Street Elementary School
Public - K to 5
Richard Henry Dana Middle School
Public - 6 to 8
San Pedro Senior High School
Public - 9 to 12
Port Of Los Angeles High School
Charter - 9 to 12
Rating
School
Distance
Fifteenth Street Elementary School
PublicK to 5

Richard Henry Dana Middle School
Public6 to 8

San Pedro Senior High School
Public9 to 12

Port Of Los Angeles High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 675 West 11th Street, San Pedro, CA 90731

675 West 11th Street is a multi-family home for sale in San Pedro, CA 90731. This property was listed for sale on October 15, 2024 by Keller Williams Realty, it's currently listed at $2,299,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifteenth Street Elementary School, Richard Henry Dana Middle School and San Pedro Senior High School. 675 West 11th Street is a 4-bed, 11-bath, 6,992 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Nicole Pletkovich, DRE #02015236; Keller Williams Realty, Gordon Inman, DRE #00446156

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.