918 S Cabrillo Ave San Pedro, CA 90731
Estimated payment $15,178/month
Highlights
- Property is near park
- Corner Lot
- Laundry Room
- San Pedro Senior High School Rated A-
- No HOA
- Bike Trail
About This Home
Beautiful Pride-of-Ownership Property in PRIME Location!!!
Charming courtyard-style apartment complex consisting of 8 residential units—6 one-bedroom units and 2 two-bedroom units—along with 4 street-facing commercial spaces on 9th Street, occupied by a long-term tenant (lease in place through April 2030 with built-in annual increases). **Major capital improvements include: soft-story retrofit, new roof, upgraded main drain, new garage doors, exterior repainting, and interior unit renovations. The property has 6 private garages, additional on-site parking, and common laundry facilities.
**Offered at an attractive 11.1 GRM and 5.9% cap rate on existing income, the property also presents clear upside potential through future rent growth. This turnkey property offers a compelling mix of residential stability and commercial frontage in a high visibility, desirable location. ** Qualifies for favorable multifamily financing, making this a turnkey opportunity for investors seeking long-term performance with minimal maintenance and easy management.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-801-7373 License #01315042 Listed on: 02/04/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 8,354 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 7 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,598 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Location
- Property is near park
Listing and Financial Details
- Legal Lot and Block 2 / 26
- Tax Tract Number 2966
- Assessor Parcel Number 7454009001
- $1,462 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 12 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 12 Leased Units
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,189
- Fuel Expense $2,082
- Gardener Expense $2,426
- Insurance Expense $8,737
- Maintenance Expense $5,850
- Pest Control $571
- Professional Management Expense $10,503
- Trash Expense $4,908
- Water Sewer Expense $3,189
- New Taxes Expense $29,607
- Operating Expense $71,062
- Gross Income $217,205
- Net Operating Income $146,143
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,940 | $2,175,257 | $870,102 | $1,305,155 |
| 2024 | $26,940 | $2,132,606 | $853,042 | $1,279,564 |
| 2023 | $26,432 | $2,090,791 | $836,316 | $1,254,475 |
| 2022 | $25,233 | $2,049,796 | $819,918 | $1,229,878 |
| 2021 | $24,902 | $2,009,605 | $803,842 | $1,205,763 |
| 2019 | $24,174 | $1,950,000 | $780,000 | $1,170,000 |
| 2018 | $22,561 | $1,795,200 | $683,400 | $1,111,800 |
| 2017 | $16,375 | $1,285,364 | $374,375 | $910,989 |
| 2016 | $15,945 | $1,260,162 | $367,035 | $893,127 |
| 2015 | $15,722 | $1,241,234 | $361,522 | $879,712 |
| 2014 | $15,785 | $1,216,921 | $354,441 | $862,480 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $2,488,000 | -- | $327 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,950,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,030,000 | Fidelity | |
| Grant Deed | $650,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $900,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26022408
APN: 7454-009-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 828 W 9th St
- 728 W 11th St
- 912 W 11th St Unit 4
- 935 W 10th St
- 963 W 9th St
- 660 W 7th St
- 620 W 8th St
- 815 S Grand Ave Unit 7
- 927 W 6th St
- 576 W 11th St
- 730 W 5th St
- 517 S Grand Ave
- 1311 S Grand Ave Unit 5
- 1311 S Grand Ave Unit 17
- 1010 W 13th St
- 1025 W 12th St
- 1316 S Grand Ave
- 308 S Cabrillo Ave Unit 3
- 1120 S Leland St
- 1110 W 10th St Unit 105
- 609 S Meyler St
- 1221 S Meyler St
- 710 S Alma St
- 860 W 5th St
- 1028 W 8th St Unit 4
- 1417 S Gaffey St Unit 1417
- 1031 W 12th St
- 523 W 12th St Unit 5
- 523 W 12th St Unit 2
- 523 W 12th St Unit 4
- 1068 W 12th St
- 301 S Cabrillo Ave
- 301 S Cabrillo Ave
- 605 S Pacific Ave
- 728 W 16th St
- 728 W 16th St Unit C
- 1316 S Pacific Ave Unit 15
- 1318 S Pacific Ave Unit 15
- 1108 W 13th St
- 1147 W 11th St Unit 1147