372 W 11th St, San Pedro, CA 90731
372 W 11th St, San Pedro, CA 90731
372 W 11th St, San Pedro, CA 90731
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$1,039,000
Est. payment /mo
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3 Beds
4 Baths
3,151 SqFt
New

372 W 11th St San Pedro, CA 90731

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,151 sqft

Price per Sqft $329

MLS Listing ID 26862921

Bedrooms 3

Year Built 1912

Lot Size 5,004 Sqft

Acres 0.1149

Property Sub-Type Multi-Family

Property Description

2 of 4 UNITS DELIVERD VACANT! 372 W 11th St, a 4-unit multifamily property in the San Pedro submarket of Los Angeles. The property offers investors an excellent opportunity in a tight coastal rental market, combining immediate rental upside with substantial ADU expansion potential. The property encompasses approximately 3,151 square feet on a .11 acre lot and features a unit mix of (3) 1BR/1BA units and (1) Studio + Den/Office unit. Two of the four units are delivered vacant and fully remodeled. Ownership carries out numerous capital improvements in recent years, including a full roof and plumbing replacement. The drain line is fully updated, and water supply plumbing is approximately 90% copper, reducing near-term capital needs for a buyer. Units also have W/D hookups. The property also presents strong ADU potential (Buyer to Verify), with a preliminary site plan for 4 additional ADU units totaling approximately 2,140 square feet. This expansion would nearly double the property's footprint to 8 total units and 5,291 total square feet, offering a significant avenue for future income growth. Each existing unit includes a dedicated parking space, with a separate structure in the rear of the property. Ideally situated in the vibrant San Pedro submarket, the property benefits from proximity to the Port of Los Angeles, the revitalized downtown waterfront, and a growing corridor of retail and dining. Continued investment in waterfront amenities, along with proximity to Cabrillo Beach and Los Angeles Harbor College, supports strong and consistent rental demand from a diverse tenant base seeking coastal access at relative affordability within Los Angeles County.

Location

State CA

County Los Angeles

Area Plaza

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment None

Laundry In Unit

Exterior

Parking Features Garage Is Detached, Garage - 3 Car

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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372 W 11th St