1920's Restored Classic Charm! Across from MacARTHUR Park with views of the exceptional landscape, 4 Unit Apartment Building - Value Add - Huge Upside in Rents. This 4 unit apartment building is located in a high demand rental area of San Pedro, California. Just blocks from San Pedro Plaza Park and a direct shot to the Cabrillo Beach / waterfront. This well-maintained property has an excellent unit mix consisting of 1 Bdrm 1 bath units. Each unit has its own private individual car garage. This value add deal has a tremendous upside in the rents in an area where this is a lack of rental inventory and strong demand for apartment assets. San Pedro is seeing a massive redevelopment boom.There are many factors driving this influx in development, including the revitalization of the San Pedro waterfront that envisions a town square and attractions much like San Franciscos Fisherman Wharf.This renaissance will continue to drive housing demand and increase apartment values in the market.
