1302 S Cabrillo Avenue
San Pedro, CA 90731

The subject property is a 4-plex with an excellent mix of all 2 bedroom 1 bath units that was built in 1958. The front building is 1 story with a unit that is larger than the other units, and has an attached garage. The remaining 3 units are in the rear 2 story building with each unit having its own garage. The buildings are attached and both have pitched roofs, and washer dryer hookups in each unit. Operating expenses are very minimal, as all units are separately metered for gas and electric utilities which are paid by the tenants. There is HUGE upside in rental income when the units turnover as they are all well below market by 50% or more! The property is well located west of Gaffey and within 1 block walking distance of Vons, Dana Middle School, and across the street from The Boys & Girls Club of San Pedro, and Daniels Field which has tennis courts.