Multifamily Vacant-User
1030 W 15th St
1030 W 15th St, Los Angeles, CA 90731
Listing Price: $1,300,000
Investment Overview
Marcus & Millichap is pleased to present to market 1030 West 15th Street, an exciting value-add opportunity in San Pedro, California. This offering presents a new investor the rare opportunity to acquire and reposition a completely vacant asset in a strong coastal rental market.
1030 West 15th Street is a 1925 construction that comprises four single-story one-bed/one-bath homes and a rear two-story building that contains one two-bed/one-bath unit above a garage, which a new investor may want to explore converting to an ADU (buyer to verify). The units are all separately metered for gas and electricity and feature attractive water-wise landscaping.
The property is well-located in San Pedro directly across from San Pedro High School. San Pedro is a dense coastal submarket that has seen numerous developments in recent years, spurred by the major West Harbor development project, a waterfront mixed-use destination slated to open in 2025.
1030 W 15th St
Investment Highlights
- Rare opportunity to acquire and reposition a completely vacant asset
- Property comprises four single-story one-bedroom homes and a rear two-story building with one two-bedroom unit above a garage
- New investor may want to explore converting the garage to an ADU (buyer to verify)
- Great location across from San Pedro High School
Listing Price: $1,300,000
Investment Highlights
- Rare opportunity to acquire and reposition a completely vacant asset
- Property comprises four single-story one-bedroom homes and a rear two-story building with one two-bedroom unit above a garage
- New investor may want to explore converting the garage to an ADU (buyer to verify)
- Great location across from San Pedro High School
Investment Overview
Marcus & Millichap is pleased to present to market 1030 West 15th Street, an exciting value-add opportunity in San Pedro, California. This offering presents a new investor the rare opportunity to acquire and reposition a completely vacant asset in a strong coastal rental market. 1030 West 15th Street is a 1925 construction that comprises four single-story one-bed/one-bath homes and a rear two-story building that contains one two-bed/one-bath unit above a garage, which a new investor may want to explore converting to an ADU (buyer to verify). The units are all separately metered for gas and electricity and feature attractive water-wise landscaping. The property is well-located in San Pedro directly across from San Pedro High School. San Pedro is a dense coastal submarket that has seen numerous developments in recent years, spurred by the major West Harbor development project, a waterfront mixed-use destination slated to open in 2025.
