Condominium buy in Harbor Hills California

966 W 11th Street is a 16 Unit Near Downtown San Pedro. The property totals 13,014-square feet and sits on a 12,151-square foot lot. The subject property is being offered at $286.23/PSF and at $232,81/Per Unit. The subject property has roughly 33% in rental upside. Parking consists of 17 gated entry spaces. Three units are Section 8 tenants and there are currently two vacancies. The Unit Mix consists of (9) 1-Bd/1-Ba units, (3) 2-Bd/2-Ba units, (3) 2-Bd/1-Ba units, and (1) 3-Bd/2-Ba unit. This is a unique opportunity to purchase a large multifamily asset located in the rapidly growing San Pedro sub-market. Property is under Los Angeles Rent Control. To the best of our knowledge it is worth noting that there are several non-paying tenants. MLS® ID: 22179039 Listed: 7/13/22 Updated: 10/17/22 Interior Features Kitchen Appliances: Dishwasher, Refrigerator, Dryer, Washer Total Bedrooms: 24 Total Bathrooms: 20 Laundry Description: Common Area Cooling: None Heating: Wall Furnace Exterior/Building Features Lot Size: 0.28 acres lot Other Property Details Area Name: 183 - Vista Del Oro Garage: Yes Garage Spaces: 15 Parking: Controlled Entrance, Covered, Driveway, Electric Gate, Community Structure Parking Total: 17.0 View: N County: Los Angeles Pool: No Pool Description: None Total Stories: 2 Zoning: LARD2 Property History Date Event Price Value 9/19/22 Active Under Contract - - 7/26/22 Pending - - Courtesy of Shield CRE, Inc., Gianluca Jacoli, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.