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Multifamily

522 N Centre St

522 N Centre St, Los Angeles, CA 90731

Listing Price: $1,280,000

Cap Rate
6.00%
Number of Units
6
GRM
10.10
Occupancy
100.0%
Price/Unit
$213,333
Price/Gross SF
$256.00
Gross SF
5,000

Investment Overview

Marcus & Millichap is pleased to present 522 N Centre Street in San Pedro, CA, a six-unit multifamily property offering strong in-place income and clear value-add potential. The property features a balanced unit mix of three two-bedroom/one-bathroom units and three one-bedroom/one-bathroom units, with four of the six units recently renovated. Capital improvements include a new roof completed in 2019, and all units are equipped with washer and dryers, enhancing tenant appeal. With an estimated 25% rental upside, this asset presents an attractive opportunity for investors seeking both immediate cash flow and long-term growth in a desirable San Pedro submarket. For more information, please reach out.

Investment Highlights

  • 4 of 6 Units Renovated
  • Roof Replaced in 2019
  • All Units Have Washer/Dryers
  • Estimated 25% Upside

Exclusively Listed By

Multifamily

522 N Centre St

Listing Price: $1,280,000

Cap Rate
6.00%
Number of Units
6
GRM
10.10
Occupancy
100.0%
Price/Unit
$213,333
Price/Gross SF
$256.00
Gross SF
5,000

Investment Highlights

  • 4 of 6 Units Renovated
  • Roof Replaced in 2019
  • All Units Have Washer/Dryers
  • Estimated 25% Upside

Investment Overview

Marcus & Millichap is pleased to present 522 N Centre Street in San Pedro, CA, a six-unit multifamily property offering strong in-place income and clear value-add potential. The property features a balanced unit mix of three two-bedroom/one-bathroom units and three one-bedroom/one-bathroom units, with four of the six units recently renovated. Capital improvements include a new roof completed in 2019, and all units are equipped with washer and dryers, enhancing tenant appeal. With an estimated 25% rental upside, this asset presents an attractive opportunity for investors seeking both immediate cash flow and long-term growth in a desirable San Pedro submarket. For more information, please reach out.

Exclusively Listed By

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